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Understanding Risk

Created on Wednesday, 12 December 2012 / Financial Fitness Blog
Tags: understanding risk, retirement, financial freedom, investment costs, trustworthy advice
Sometimes people do things just because they can. Ever see someone sky diving, hang gliding or bungee jumping? What about climbing Mount Everest or trying to leap several vehicles on a motorcycle? I won’t ... [ +++ ]
Created on Wednesday, 03 August 2011 / Financial Fitness Blog
Tags: Behavioral Economics, Mind & Money, Understanding Risk
... for me to entice you into playing? If you’re like most people, your payoff for heads must be at least around $200 or you won’t... Help me set the stakes for this easy coin-toss game. I’ll flip a ... [ +++ ]
Created on Wednesday, 22 June 2011 / Financial Fitness Blog
Tags: Easy Investing, Asset Allocation, Understanding Risk, Wealth Gathering Portfolios
... last year’s losers. After the market crash in 2008, stocks were really cheap—but people had just lost tons of money on them. Could they then rebalance by selling those safe bonds to buy more scary stock? ... [ +++ ]
Created on Tuesday, 07 June 2011 / Financial Fitness Blog
Tags: Easy Investing, Understanding Risk
... if there are any hidden strategies that can give you an advantage. True Story of a Winning Gambler You might have seen 21, a movie released in 2008, or read the bestseller Bringing Down the House by ... [ +++ ]