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.
Give something your attention and it blossoms. With 2020 right around the corner, what will you give your attention to this year?
Thankfulness and gratitude are dispositions to carry with us year-round, especially through the holiday season.
Don’t let money become a distraction or additional stressor this time of year. Make your plans now and free your mind for the things that matter most.