MINDFUL MONEY PRACTICE: Write a Behavioral Prescription for Yourself

MINDFUL MONEY PRACTICE: Write a Behavioral Prescription for Yourself

The illusion that volatility equals risk causes people to be either too aggressive or too timid with their money in the moment, so they lose out on the opportunity to slowly and patiently grow their wealth over the long haul. Take a few minutes to consider how your...
GDP Optical Illusion or GDP Statistical Anomoly

GDP Optical Illusion or GDP Statistical Anomoly

Is it possible to have an economic GDP optical illusion? On Friday, the Commerce Department reported the U.S. economy contracted at an annualized rate of 0.7 percent during the first quarter of 2015. The Federal Reserve sees things slightly differently. Previously,...