… hold an investment is relatively simple when we’re aware of the cognitive traps of fear and greed. It should be clear to anyone that if you own an investment that has tripled in price, and you made that investment based on luck, it would be wise to take some of the profit and go home.
… taught how to talk about money, let alone listen in a way that makes our partner feel comfortable. Of course, it would be simpler if all our financial decisions fit into a spreadsheet or calculator. But they don’t! So we need to get better at having these tough conversations.
…quality, it is very likely that it will only continue to rapidly worsen. It won’t be an easy path — potential solutions require major changes in social policy that can only occur through a political process and require a dramatic shift in how we distribute wealth.