If asked, most people would probably say they are rational individuals who make wise decisions. Indeed, logical thinking and prudent behavior are the norm for the majority of people in most instances. Unfortunately, when it comes to money management, people who are otherwise rational often tend to act irrationally
Markets - Ignorance Is Bliss
The economy is not providing sensational data to say the least, but the market is boasting a helpful rebound from its' recent lows. As we wade through the plethora of information related to the impact of COVID-19 on the economy, one thing is clear: the market is ignoring the current reality in hopes of a better, not so distant, future.
These 5 practices are a great start to a solid financial foundation. Put them into practice, because great financial planning can make all the difference.
Tell good stories and dream big dreams. Your future self is not as far away as you think.
What would you do with your life if you were to retire in your mid-40’s or 50’s from practicing medicine and pursue something else?