Personal Finance
A Little Bit of Everything – Why Diversification Matters
Why Cash May be More Important than Stocks
How Vacations Can Help You Get Rich
Are You Too Afraid of Losing Money to Invest in the Stock Market?
Are you afraid of losing money in the stock market? Some investors’ fear of losing money compels them to completely avoid the stock market and other volatile investments. This phenomenon is often called “loss aversion.”
People suffering from loss aversion will sometimes wait until they see the market has gone up a lot,… Read more
The Downside of Leaving Your Children an Inheritance
When the Dollar Drops, How Important Is Currency Diversification?
Do you feel worse off when the dollar drops against the shekel? Though some people love to guess future currency moves, watch out for the trap of making a big bet on one currency. A dual citizen, residing in one country and keeping assets in another, should consider currency diversification.
What funds are best for me?… Read more
The Best Way to Fix a Financial Mistake Without Losing Too Much Money
Everyone makes mistakes. What separates the winners from everyone else is how they fix their mistakes.
When playing chess, it’s easy to make the wrong move. If you notice your mistake while the game is on, you can choose one of three responses:
- Ignore it and keep on playing.