I hope everyone enjoyed their football today. I must say what a blow out type of week. It is now the first half of the Sunday night game between the Cardinals and the Giants, yet only one game so far this weekend was decided by less than 10 points. That’s right just 1 game, it has been quite the weekend for blowouts. The Patriots won easily and that is the important thing right? Let’s start the rodeo…
Investor Psychology: Why We Fail To Make Good Financial Decisions from @flexo The best point in this post is the realization that you can never fully remove your emotions from your investing. So then we must realize where and how they affect us to be able to deal with them.
What is Your Money Type? from @moneyhighway Staying on the topic of understanding yourself and your take on money, you must first figure out how you are with money. If you don’t like it, change it. Remember money type is a learned behavior so it can easily be unlearned.
The Paradox of Choice and the Dangers of Perfection from @jdroth I see the examples given in the article in my work in the financial world. A 401k is probably the most obvious. Studies show the more choices that are made available the less people either choose or participate. Definitely interesting. I’ll have to put the book on my list.
Losses HURT![A Lot] and Social Science vs Physical Science from @behaviorgap Two great thought-provoking posts this week. These are just must reads from one of my favorite bloggers.
Education is not the solution to all personal finance problems from @ramit I love how creates a bit of controversy but then continues on to address it at the end. He makes some pretty good suggestions to. Perfect post to end on. Maybe the best for last?
Don’t miss my appearances this week:
- Friday Finance Followers – MC Kyle Edition from @SuburbanDollar
- Personal Finance News Carnival Volume 9 from Highest CD Rates
- Carnival of Money Stories, Autumn Edition from @simplyforties
- Carnival of road to financial independence 12 from @onefamilysblog
- Carnival of Financial Planning, Edition #112 from @zscheidt
Make sure you follow my feed, follow me on twitter and any question or anything at all just e-mail me.
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