Investing can often be broken down into a few simple rules that investors can follow to be successful. But success can be as much about what to do as it is what not to do. On top of that, our emotions throw a wrench into the whole process. While everyone knows you need to “buy low and sell high,” our temperament often leads us to selling low and buying high.
Often we’re overloaded with article headlines promising to tell us which five hot stocks are the ticket to quick riches. Or we think of it as something “only wealthy people know how to do.” Research shows that women, in particular, doubt their investing savvy, and for many, investing is a privilege....
If you’re a runner, you know there are many parallels between the marathon world and the world of personal finance. Just as runners come to have an innate sense of the difference between a 10-minute mile pace and an eight-minute pace, it is important to get a sense of whether your spending is...