One investing lesson I was fortunate enough to learn early on was how to swallow your pride, and take a loss from your investments. Though it can be a tough pill to swallow in the short-term, the benefits (capital appreciation) in the long run generally will greatly outweigh any short-term losses suffered—if you can takeContinue reading “Cognitive Bias and Recouping Losses in Investing: Cutting Your Loses and Letting Your Winners Run”
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Financial Security and Investing: Putting Your “Wealth” To Work For You
The following passage is an excerpt from a chapter of my upcoming e-book, “Conscious Consumption” When in conversation with friends or in passing, I’ve often heard the catch-phrase, “think of it as an investment”. But, based on these conversations and interactions, and the “assets” often referred to, I’m convinced that many individuals do not knowContinue reading “Financial Security and Investing: Putting Your “Wealth” To Work For You”