January 17th, 2014

Are You Making Fear-Based Decisions?

Better Money DecisionsJan 17

Bruce Schneier knows what scares people, and why people make fear-based decisions. He’s a specialist in security technology. I heard about him a few years ago, because of a contest that he sponsors: He challenges people to come up with a cybersecurity movie plot with a fear factor to attract audiences. Fear sells. In an NPR interview from…

You Need A Plan – Even If You Think You Don’t

Better Money DecisionsJan 15

The word “planning” scares a lot of people. I understand. In a general sense, it can suggest that you’re removing spontaneity, those unexpected events that can become life turning points, lifetime memories or a lucky break. None of us want those taken from us. And planning – when done correctly – doesn’t remove those possibilities….

You Won’t Always Feel This Way

Better Money DecisionsDec 19

One of the most stressful and chaotic activities – in North America, anyway – is moving. Not to have one of those pity parties about so-called “first world problems, “ but I’m in that mode right now where things are surrounded by boxes and my little world is askew. However you feel now, you won’t always…

True Confession: I Haven’t Been Honest About What Really Matters

Better Money DecisionsNov 20

So I haven’t been honest. Not that I’ve lied – not exactly. More like omitting the truth. Well, that’s not exactly true, either. It’s more like this: I wouldn’t allow myself to see the truth. I’m not playing word games. I’m struggling to share what really matters, what’s important to me, instead of the noise…

Why I Stopped Trading

Better Money DecisionsJul 21

I played the “beat the market” stock-trading game for years. Hoping to buy the right stock at just the right time, see it go up, and then sell at the right time.

It’s Not Different This Time (And It Never Is)

Better Money DecisionsMay 8

It’s faddish these days to obsess about all the geopolitical and economic worries that have potential to crash world equity markets. As I write this, the U.S. government is “shut down” (selectively, anyway, to prove political points). The debt ceiling limit deadline is just a few weeks away. Headlines validate your worries: “Why Investors Should Fear…