August 18, 2008--The most influential economist you never heard of, Nouriel Roubini, was featured in a major New York Times piece yesterday that I urge everyone to read. Roubini, who predicted just about all the elements of our current financial mess, says we're facing the worst recession since the Great Depression. Link.
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July 25, 2008--The Wall Street Journal recently published an excellent article by Jason Zweig on the science of fear and how investors can learn to control the fear response that often leads to bad financial choices. Link.
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July 24, 2008--It would be so much easier to plan for retirement if you knew when you were going to die. You can’t know, but that shouldn’t stop you from asking: At what age do I think I'm going to die? Your answer can help you achieve success in your retirement planning.
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June 14, 2008--That’s what close to half of people do, according to a survey reported in today’s Wall Street Journal. Only one in five consults a financial advisor. Other survey results were equally dismal. What’s your answer?
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June 2, 2008: "Actions that make us feel good are usually a lot less profitable than the ones that make us feel bad or stupid." So says a successful investment manager in a recent Wall Street Journal article, and I couldn't agree more. Human nature is our worst enemy when it comes to creating and preserving wealth.
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