Post Brexit Referendum
Current headlines really should refer to the "post-Brexit referendum," because only the referendum is done. In it, a narrow majority of U.K. voters called for a disunion from the EU, but any actual Brexit is likely to be playing out for years to come. Only then will we be truly "post-Brexit."
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The Smartest Person in the World Can Still Be a Terrible Investor
Have you ever felt intimidated by the markets? Thought that investing was only for brilliant people? Maybe you hear jargon like “beta,” “derivatives,” or “standard deviation,” and it just goes over your head? Contrary to what you may think, you can be the smartest person in the world and still be a terrible investor.
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Is Relying On Stock Markets For Economic Signals A Mistake?
If we had signals that told us with certainty what direction the economy was headed, we might have an edge in our investment strategy; we would know when it was a good time to invest when to proceed with caution or put the brakes on.
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The Best Ways to Buy Happiness
A recent study by the University of Michigan economists Betsey Stevenson and Justin Wolfers, examining data from more than 150 countries using World Bank data, has shed new light on the interaction between happiness and the size of your bank account. Their first conclusion: the more money you have, the happier you tend to be, regardless of where you are on the income spectrum. They also concluded that multi-millionaires don't think of themselves as "rich."
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Why Many Salesmen Want You to Buy an Annuity
Although there may be some rare occasions where certain types of low-cost, no load annuities may make sense, the study's results amount to a big, fat, buyer-beware regarding annuities and those who sell them. So when you get that free-lunch invitation, beware. And, ideally, sit down with a fee-only financial adviser, who doesn't earn sales commissions, to get a second opinion before seriously considering turning over your hard earned dollars.
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