Looking for a fool-proof system for investing success? I'm not sure there really is one but you can't really go wrong following this advice: Smart investors keep it simple. Keep It Simple, Stupid ... KISS. This is the view of many Bogleheads and behavioral finance experts like Meir Statman, author of What Investors Really Want. Too often we try to out-think and over-analyze things. We are ... Read More
behaviorial finance
New Year’s Resolutions: Money Tips for Staying on Track
The other day I was contacted by Evan Lips, a reporter from the Lowell Sun who was doing a timely article on financial planning tips for the new year. He had spoken to other financial planners and investment representatives and he had a wide range of opinions provided by them. These included ways to manage credit to savings to kinds of investments to use for a retirement account. Because ... Read More
Secrets for a Richer Retirement – Controlling Your Emotions
"The safest way to double your money is to fold it over once and put it in your pocket." Kin Hubbard Investing takes time. As humans our brains are more wired toward the flight-or-flight survival responses that got us to the top of the food chain. So we are more prone to panic moves in one direction or another and this is not always in our best long-term interests. So to retire richer ... Read More
