Danny Kahneman’s Best Idea
We need to face reality. You’re in trouble if losses cause you to overreact or make big mistakes at the worst possible moments.
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
We need to face reality. You’re in trouble if losses cause you to overreact or make big mistakes at the worst possible moments.
People make a huge mistake when they overlook the amazing value that Social Security plays in a long-term retirement plan.
The problem I want to highlight today is the investor who thinks, “I’m all passive, therefore I’m all set.”
My friend’s daughter (~21 years old) just bought her first car. It was a big financial move, and she had lots of options. For better… Read More »Financial Flexibility
We’ve all heard the concept of “return on investment”. But what about “return on sleeplessness?”
“You can’t control the waves, but you can learn to surf.” Investors needs to learn to “surf” whatever the market throws at them.