Clarify Your Vision for 2020
December 27, 2019
I think about goals like driving down a road. I have milestones I want to reach as I continue to move forward in life. One
2019
How Expectations Affect Our Investment Success
December 17, 2019
Our expectations shape our actions as humans, and investing is no different. The problem with investing, however, is that we can have misplaced expectations without
News and the Stock Market
December 17, 2019
Investors often freak out when they see negative news on TV, wondering what it means for their stock portfolio. Similarly, they often rejoice when good
How People Make Financial Decisions
December 11, 2019
Paul begins the hour talking about “robo-portfolios.” Most of the hour is about how people make financial decisions and how money does not lead to happiness
The Government and Diversification
December 10, 2019
The DOW has been hitting record highs lately. Why? Because of the recent tax reductions and regulatory changes that have largely benefited these big companies.
Are Academic Studies Always Good?
December 10, 2019
Lately, I’ve been pouring through some of the latest academic studies, and just shaking my head. Now, if you know me, you know that I am all about academic research, but academic doesn’t necessarily mean good.
Psychological Reasons for Spending and Saving
December 9, 2019
Paul discusses a study about millionaire characteristics and the psychological reasons for spending. This transitions to the amount to save for retirement and why compounding interest is effective for early saving