Why We Tend to Trick Ourselves into Making Bad Trades Hans Christian Andersen recorded a folktale about a poor farmer who takes his horse to market to sell or exchange for something that will be more practical for his farm. But [...]
How to Keep Money From Owning You A friend who was discouraged about their weight loss efforts was bemoaning the necessity of food. "If you have a drinking problem," they said, "you can give up alcohol. But if you have an [...]
How We Tend to Project Our Own Situation onto the Economy You see one headline that says, "Inflation Finally Under Control," followed by one that reads, "Banks Wary of Further Inflation." A news outlet announces, "Unemployment Near Record Low." Yet on [...]
Harness the Power of Patterns with Thematic Investing If you’re always searching for the next great thing, thematic investing might be up your alley. But what exactly is thematic investing? Thematic investing involves building an investment portfolio around a specific theme, [...]
What if? Financial advisors see this all the time: The aftermath of people who came to us after making a big financial decision and found out that their choice wasn't the best, in the end. You can't untoast bread, and it [...]
What’s the price of an annuity’s guaranteed returns? As stocks drop and prices rise, there’s a lot of talk about annuities. Some people speak about annuities like they’re the answer to all your problems. Others think it sounds too good to [...]
What a 1930s experiment may say about your willpower Let’s put your willpower to a fun test. When you see the next words, try to read each of the following words out loud as fast as you can. Red Blue Yellow [...]
10 (+1) terms you need to know to figure out crypto Cryptocurrency. NFTs. Mining. Wallets. Confused by the new buzzwords? Have a lot of questions but can’t keep it all straight? Are NFTs an investment or [...]
Are You Safe to Retire? As stocks drop and prices rise, there’s a lot of talk about annuities. Some people speak about annuities like they’re the answer to all your problems. Others think it sounds too good to be true. It’s [...]
Breaking Down the Big, Bad R (Recession) People have been saying the “R” word a lot recently. Recession. And that talk has included a lot of “are we, aren’t we?,” featuring optimistic statements from the White House and other experts. But between [...]
