How To Achieve a More Disciplined Approach to Investing
Have you read this fascinating article from Cufflelinks? It’s called Investors Can Reduce Failures of Self-Control and we thought it would be an awesome read for you.
Shane Shepherd shares some great tips and insights here. This one, in particular, is extremely thought-provoking:
Abundant anecdotal evidence and substantial academic research suggests that many people around the world are nowhere near saving the amount they will need to provide for a safe, secure, lengthy retirement. The research Laibson and his coauthors conducted shows that situational, as opposed to cognitive, strategies are the more successful way to help people grow their savings.
Check out the rest of this article for more of Shane Shepherd’s perspectives.