The Value of Confidence
Confidence fosters respect and success, while arrogance alienates others and undermines genuine achievement and growth.
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
Confidence fosters respect and success, while arrogance alienates others and undermines genuine achievement and growth.
Slam dunks intentionally forgo the extra point possible in a 3-point shot. Smart financial planning works the same exact way.
We must fight against our internal investing logic that says, “It’s a good company – it must be a good stock!”
Rebalancing is an important part of portfolio management. But we need to understand if it’s always necessary…
When investments are too guaranteed, their returns (quite literally) must be small. This is a fundamental truth of investing.
We need to face reality. You’re in trouble if losses cause you to overreact or make big mistakes at the worst possible moments.