5 faits simples sur la behavioral economics Décrite
You have two collection. Choose an asset that is less volatile, less uncertain with low pay-off pépite chooses an asset with higher uncertainty with a higher réapparition.
No matter how much income or investment returns you get, there’s no way to become wealthy if you are not saving.
In the latter bout of the book, Housel discusses the disposée of financial flexibility and adaptability. He stresses that financial épure should Si mou enough to accommodate unexpected events and personal changes.
The more you want something to Si true, the more you believe in a story that overestimates the odds that it is true.
Define the game you’re playing, and make aigre your actions are not being influenced by people playing a different game.
Thanks intuition such a detailed summary. I enjoyed the reading and was Content to see how some of the cote mentioned resonated with me.
He was also a bout of Lakeside’s computer prodigies gang and had equal skills & Coup long conscience computers. He could be the founding partner of Microsoft.
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We troc mentally & emotionally over time. And our financial decisions may change as well. So we should avoid extreme ends of financial planning.
Those savvy investors who stick by their slightly imperfect strategies? Well, they have a discret weapon. Their commitment to these strategies plays a big bout in their success!
If you grew up when the réserve market was strong, you would invest more money in approvisionnement than those who grow up when provision were weak.
Managing your emotions is Nous of the most important things you can work nous-mêmes if you want to become financially independent.
Comparing your wealth with other people is a never-ending Jeu. It’s the battle that can never be won or that the only way to win is not to fight to begin with- to accept that it might have enough, even if it’s less than those around you.
There is a difference between being wealthy & the psychology of money timeless lessons on wealth greed and happiness being rich. Rich is the current income & wealth is the income not spent. Wealth is invisible because we can’t see people’s bank account & the money they are not spending.