Risk Posture
“If I compared 1000 401(k) maximizers against 1000 degenerate gamblers, which group would have a better financial outcomes?”
Their risk posture is key.
Problem solving and logical fallacies. Behavioral economics; should pick up someone else’s garbage?
These posts all deal with the way we interact with the world. Some have a financial-twist, while others are simply my philosophical musings.
I hope these Behavior posts provide you with an actionable idea you can use to improve your life.
“If I compared 1000 401(k) maximizers against 1000 degenerate gamblers, which group would have a better financial outcomes?”
Their risk posture is key.
The Best Interest is on vacation. So I have three simple ideas if you need your weekly dose of educational financial humor.
How can rich people be unhappy? Let’s learn some lessons from academic research, and apply good practices from common sense personal finance.
You get to the goal, and feel…unhappy? It’s got to be about the journey.
In a world of ever-rising bars, is there something wrong with being average?
You inherit your eyes, your height…and your spending habits?!
We all fall down or lag behind, from time to time. Well, it’s time to get back on the horse.
How to overcome any barrier? Apply the Stockdale Paradox to your life.
BUY! BUY! BUY! Says who?
If you think debt is ok, then you might be walking straight towards a banana peel…