Stop Obsessing Over Money
Money. It’s worried about, obsessed over, fought over and even worshipped. Money can become an addiction like anything else. It can control your life. And to be honest, it’s probably the only thing in my life that at times has... Read More →
Investment Lessons From Forrest Gump
Forrest Gump is one of my all-time favorite movies. Every time it is on TV I just have to watch it. I find myself quoting lines from the movie all the time! The movie is full of fantastic life lessons.... Read More →
Money Can’t Buy Happiness
This past weekend I helped my daughter work on a research paper. The title…Money Can’t Buy Happiness. An area where you can see she would want my unique perspective on the subject. Hey, sometimes you have to get a teenagers... Read More →
Money, Marriage and Finances…Do You Really Need To Share Everything?
Do you and your spouse have everything in joint accounts? Or do you have separate accounts? Which way works best? Back in February, I wrote about Five Marital Money Mistakes Couples Make. One of the mistakes was assuming the need to share... Read More →
Money, Marriage and Lies…Keeping Money Secrets from Your Spouse?
Are you keeping money secrets from your spouse? Whether its credit card spending or the secret cash stash, it’s not healthy for a marriage to have secrets, financial or otherwise. Broken trust and hurt feelings from financial secrets will put... Read More →
Do You Need A Financial Do Over?
When I was a kid, my friends and I used to play games and sports on our street. Whenever someone made a mistake, we would yell, “Do Over!” That way you got a second chance to do it right. Wouldn’t... Read More →
Why Investors Do The Crazy Things They Do – Conclusion
Whether it’s anchoring, gambler’s fallacy, overreaction or overconfidence, we are all guilty of these biases and irrational behaviors. I admit, I’ve done quite a few of these, so even financial professionals have emotions! At the start, my hope was that after... Read More →
Why Investors Do The Crazy Things They Do – Concept 7 Overreaction and the Availability Bias
This is the seventh article in this series where I discuss a concept called behavioral finance, or as I like to call it, why investors do the crazy things they do. It’s a relatively new field that tries to combine behavioral psychology theory and economics... Read More →
Why Investors Do The Crazy Things They Do – Concept 6 Overconfidence
This is the sixth article in this series where I discussed a concept called behavioral finance. It’s a relatively new field that tries to combine behavioral psychology theory and economics and finance to explain why people make irrational financial decisions. If you’ve been reading the... Read More →
Why Investors Do The Crazy Things They Do – Concept 5 Herd Behavior
This is the fifth article in this series where I discussed a concept called behavioral finance. It’s a relatively new field that tries to combine behavioral psychology theory and economics and finance to explain why people make irrational financial decisions. I’m no psychology expert, but... Read More →