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But studies show that the way you perceive the future affects how you save money. Language helps shape our perception of the world, and certain languages have more extensive fiscal vocabulary. What language should you learn to help you save money?
Have you ever heard of loss aversion? This refers to the bitterness that one may feel about losing, whether playing chess or losing on the stock market. On the other hand, winning the money game is so rewarding that we are still motivated to play. Many times, our loss aversion can be so strong that it causes us to make bad decisions. To become a successful investor, you must not allow loss aversion to rule your life.
A History of Financial Behavior shows that we may behave more like cavemen than we would like to think. Ken Fisher, CEO of Fisher Investments Company, and Forbes' portfolio strategy columnist, shared his insights on behavioral finance and how it changed (or not) throughout history.
What's the secret of true talent? And how can we stay optimistic when things seem bleak? Geoff Colvin of Fortune Magazine, author of "Talent is Overrated," shared the secrets of how to remain optimistic and make the most of our gifts on the Goldstein on Gelt show.
If you like gold because you like collectibles like sapphire gold ear cuffs, 14k diamond cut gold rings, or even art deco gold link bracelets, then you should go ahead and buy them. But if you're buying gold because you think it is the world's best investment, then you should do a lot of research.
What is the future of the music industry today? With the advent of the internet, music management has become totally different, with free downloads and iTunes instead of vinyl records or tapes. Read the transcript of an interview with Dr. Daniel Levitin, a professor at McGill University who specializes in the psychology of music, to find out more.
Are you thinking retiring early? If so, it may be wise to create a financial plan to determine an appropriate rate of withdrawal, rather than relying on general rules of thumb of investing. Reading retirement blogs online may be educational, but meet with a qualified CFP Â® to create a personalized financial plan.
The history of Goldman Sachs is one of power and money, and it is a reflection of life on Wall Street. In this transcript of an interview that took place on the Goldstein on Gelt show, William Cohan, the author of Money and Power and House of Cards, speaks about Wall Street today in the wake of the Goldman Sachs and Bear Stearns crashes.
When it comes to retirement investment planning, you may be surprised to find that state pension plans end up being worth very little and private pension plans may not be worth as much as you thought, due to inflation. This is why you should even start planning for retirement in your 30s, and plan very wisely.
Are you looking for the best place to retire in the world? If so, you might be surprised to find that you can actually fulfill your best wishes for retirement in your own backyard.
Even in the era of "the new old age," when people live longer and many more cures have been invented for old age diseases, there is still a lot of financial exploitation going on. How can you make the most of your old age benefits without falling prey to a scam?
Today, more and more people are living to old age, and we need to support them. Therefore, the issue of old age health is becoming extremely important. Dr. Aubrey de Grey provides some answers about the improvements of the quality of life for elderly people and what the future holds for all of us as we grow old.
When you start thinking of the top ten reasons to retire, you might reach for your Yahoo financial retirement calculator. But first, stop to think for a minute. Is this the best way for you to plan your financial future?
In today's world, with the growth of high tech, internet industry is developing and spreading. In this interview with Warren Adelman of GoDaddy, president and chief operating officer of GoDaddy.com, find out how internet business is taking over the world.
One of the main goals of your personal financial strategy should be saving money, because that's your way to a safe retirement and a secure future. Follow these four easy tactics to improve your personal finance situation and build your future.