Human beings seem to come ready-equipped with cognitive biases related to their perceptual equipment and adaptations to the world throughout evolution. Investors who want to do better in the markets and feel better about what they are doing must learn to recognize these states of mind. Here is a summary of the major biases covered in previous articles in this […]
Inflation is one of the hardest concepts for an investor to internalize. We tend to think naturally in nominal prices—that is, the price on the sales sticker—rather than the inflation adjusted price. For instance, which “feels” like the cheaper one-pound loaf of white bread—the one that cost 51 cents in October 1980, or the one that cost $1.04 in October […]
I have some very important news to share. I recently purchased a property in the Town Center district of Macungie (just south of Allentown), and I am almost finished renovating this two-story Colonial home (originally built in 1936). I am planning to move Keystone Financial Planning to its “new home” on April 24th, assuming that everything goes as planned. I […]
This article provides some tips to “jump-start your retirement savings.” Christopher M. Jones recommends that you “try to diversify across tax-deferred and taxable accounts.” Read the Full Article
