It might seem absurd that there is any relationship between your testosterone levels and your financial decision making. However, a study two economist at the University of California called Boys Will Be Boys: Gender, Overconfidence and Common Stock Investment, showed that men trade shares 45% more often than women, which actually brings down their net earnings, as … [Read more...]
Plan For Comfort In Later Life
Most people don’t like to think about getting older. As a child, you’re so excited to become an adult. And, it feels like centuries before you get there. But, once in this position of an independent adult; it’s easy to fear the idea of getting much older. This doesn’t mean that the later years of your life should be ignored. Instead, you should have a keen focus on making these … [Read more...]
Don’t Hide Your Head In The Sand: Three Things You Really Need To Stop Ignoring!
Life can get a bit much sometimes. That's true for pretty much every human being on the planet. However well things are going for you, there will always come a time when the pressure just feels like it's too much to handle. The mistake that a lot of people make is that they deal with this by hiding their head in the sand and pretending that it's not happening. By doing this you … [Read more...]
Not Just A Pretty Face: How the Cosmetics Industry Reflects Public Perception of The Economy
When times are tough economically, even the smallest indulgence can help a struggling worker forget about their financial woes. People seek comfort in affordable treats, like make up and cosmetics, to ease their worries, even just for a little while. Some economists consider this "lipstick effect" a reflection of public sentiment about their financial future. [1] A recent … [Read more...]