Tag: investing behavior
Oct 14, 2024
Last week’s column showed how buying an expensive machine to make coffee at home instead of frequenting a coffee shop could save around $1,000 a year. Coffee, of course, is just one example. The same home-vs-store financial benefit could apply to a host of other...
Nov 20, 2023
Imagine that you have placed your retirement funds in a diversified portfolio which includes a portion in the stock market. A year after your initial investment, the news is buzzing with stories about record-breaking market highs. Seeing the value of your portfolio...
Apr 4, 2022
Last week we looked at four types of “stinking thinking,” cognitive biases that can contribute to poor investment decisions. Here are six more. Monte Carlo Fallacy. This is placing too much emphasis on the likelihood of an event happening, just because it...
Mar 28, 2022
“I reject your reality and substitute my own.” As youngsters, my kids used to quote this line from host Adam Savage of Mythbusters, one of their favorite TV shows. While he was being humorous, he was also describing the human condition. Regardless of the...
Jan 9, 2017
What To Expect From Rising Interest RatesWatch this video on YouTube In December, the Federal Reserve raised the federal-funds lending rate by .25%, only the second increase in the past decade. The day the rate hike was announced I received several calls from...
