Getting started is sometimes the toughest part about investing. How do we pick the right asset allocation? What IS the right asset allocation? Behavioral Finance has something to teach us about why limiting our choices, and making things simple, is often the best way to figure it all out.
Have you ever wondered why people tend to make so many financial mistakes? We spend too much, save too little, and constantly serve as our own worst enemies. There is a reason for all of this, and a way that we can defeat it. Welcome to The Behavioral Finance Series where we will make you better with your decision making, your money, and even being a better doctor.
The relationship between money and happiness is complicated. Left to our own devices, most people just don’t get it. The sooner we understand this important relationship, the more likely we are to find that happiness we’ve been looking for. Otherwise, we’ll just saying, “Mo’ Money, Mo’ Problems.”
