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7 Strategies to Avoid Bad Investment Moves
Tweet Share on Facebook June 6, 2011 Comment (1)Overcoming emotional and personality-driven investing mistakes is widely recommended, but hard to achieve. One of the keys to success is recognizing that a problem exists, and then devising mechanisms to control or limit bad decisions.
According to a new global survey by Barclays Wealth, a large percentage of wealthy investors not only realize their tendency to make emotionally-driven decisions, but would welcome more help in wrestling with these issues.
The report, "Risk and Rules: The Role of Control in Financial Decision Making," also revealed an extensive set of control strategies that people use to limit bad decisions. The most successful at doing so also happen to be the wealthiest, although there could be other factors at work that determine high-wealth achievement.
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Smart Strategies for Older Job Seekers
Tweet Share on Facebook June 2, 2011 CommentEven before the Great Recession, a rising percentage of retirement-age folks were still working. The economy was strong, consumers were spending like crazy, and lots of jobs were, in physical terms at least, not taxing for older employees.
Today, the percentage of people over age 65 who are working or seeking work is reaching new industrial-era highs. The reasons for the continued trend, of course, have changed drastically.
