Investing Placebos
As investors, our inert actions can yield genuinely positive outcomes in our portfolios. Random decisions, but real gains. It happens all the time.
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
As investors, our inert actions can yield genuinely positive outcomes in our portfolios. Random decisions, but real gains. It happens all the time.
Is LASIK surgery worth the cost? Or am I better off buying contacts and glasses for the rest of my life? Plus, a lesson on stocks.
What do Travis Scott and Charlie Munger have in common? People need reminders. Without them, we repeat our past mistakes.
Invest more and face fees? Invest less and suffer from money on the sidelines? What’s the best strategy to take?
How can a few quick assumptions *almost* cost someone $120,000?
How do you prepare your investments for the end of the world? Or is that a dumb wager to begin with?
Summer 2021 saw some amazing progress with The Best Interest, with life, and with dogs! Check it out!
I negotiated a raise at work 30 months ago. And because of that raise, my net worth is now $67,000 higher than it otherwise would have been. Time to answer some questions about how it all worked.
I’m sorry if you’ve read Rich Dad, Poor Dad. I’m sorry if Robert Kiyosaki is a mentor to you. He’s a wolf. The worst kind of wolf. Because he’s great at being a faux sheep.
Ultimately, today’s lesson is to know the value and know your price. If $30 is a fair price for jeans, then it’s fair regardless of last week’s price.