Interested in starting a dialogue about personal finances and how best to educate ourselves to achieve financial independence
…”. We experience a more intense emotional reaction from losing than we do from winning. Put simply, we hate to lose more than we love to win. The idea of watching our hard-earned money evaporate before our eyes during a market crash is terr…
2. The market is reasonably efficient.
For example, if the stock market returned 10% last year, an actively managed fund with a 2% Management Expense Ratio (MER) would have to have a return greater than 12% to add value to its investors.
And most importantly, remember to appreciate the return on your investments every day. Because when we invest in other people, we get love in return.
After reading dozens of books and hundreds of articles on the subject, I’ve found the answer: Anxiety can’t be cured. It must be dealt with.
…a tattoo (for example), I’ll take all of the ones I like and show them to others for their opinion. Whenever someone says “I don’t like this one,” or “I like this one best,” I suddenly know exactly why I agree or disagree.
Let adult mean someone worthyOf respect in the eyes
Let adult mean goodnessLet adult mean wise
But mindless consumption comes with a price. I thought my bingeing was filling me up. But in fact, it was deadening me to the delicious details …
…ds, I hate to say it, but that is the way I was chewing through my life before I lowered my income. I was gobbling up experiences so mindlessly I barely tasted them. I was stuffing my face with stuff.