January 14, 2010 · 9 comments
in behavioral finance, discipline, emotions, financial education, investing, market timing, psychology, stocks, technical analysis, time in the market
The stock markets are ultimately unpredictable, but that doesn’t mean they are mysterious or without guiding trends and principles that anyone can learn.
As long as you’re not day trading and hoping to turn profits within minutes or by 5pm, there are a number of ways you can help ensure that you buy your shares low [...]
December 21, 2009 · 4 comments
in December, Financial New Year, discipline, estates, finances, financial planning, goals, holidays, lifestyle design, money decisions, networth, portfolio, wealth protection, wealthbuilding
It’s a good time to draw up some financial New Year’s resolutions if you haven’t yet. Sure – don’t call them New Year’s resolutions if you don’t want to – it’s a financial plan for 2010 that I’m really talking about.
Although we are still in the thick of the holiday season, take a quiet day [...]
To truly become free – and stay free – from consumer debt, it takes a strong shift in mindset, akin to the force of a tsunami (as my blogging colleague Baker from ManVsDebt has creatively put it).
What’s the point of paying off all those credit cards if you’re just going to end up racking them [...]
This is a fun problem I’ve thought about in the past, though never specifically with regard to money. With the recent personal finance bloggers’ weight loss challenge I’m participating in, though, I thought it made sense to try to integrate it with money management.
I once went on a very strict no-sugar diet (no sweeteners, no [...]
It’s one of the last weeks of an academic term, and I’ve got three two large papers still left to process. A total of about 65-80 pages (plus footnotes and bibliographies) that need to be written (not counting the pages of research that need to be read). Deadlines are looming like a gun to my [...]
Extreme frugal living: don’t eat. Don’t spend any money! Security-driven individuals like me spend a lot of our time planning to make sure we never have to go without or that we’ll never be caught without money when we really need it. This is the whole idea behind building an emergency fund. In the past [...]
If you lose a lot of weight, you’re more likely to also gain in wealth. Thus finds an Ohio State University study from a few years ago. The basic idea, as I understand it, is probably that (1) those motivated to lose that much weight will also be motivated to improve their finances and (2) [...]