Researchers have discovered some interesting things about investors’ perceptions of risk: 1. Fear of loss is exponential. Anxiety increases with the magnitude of the loss. 2. Happiness over a gain decreases as the size of the gain increases. Gaining your first million means much more than gaining a second million. 3. Risk is not symmetrical. Most of us hate losses much more than we love gains.
Basic Investing for Retirement Begins Feb 8th at Yavapai College. (Tuition $45) Four 2-hour classes designed for investors who want to become more confident about their financial decisions. Call 928-778-4000 or click the link below for details. http://mcsv.net/cgi-bin/redir?MCid=JSwmHQsMsaITsbJYF0a0 Socially Conscious Investing Feb 7th. A 2-hour class offered through YC’s OLLI program. ($20 OLLI members, $55 non-members) Using social screens for your investments can enable you to
It has been said that the three most important rules of investing are: Don’t lose your money! Don’t lose your money! Don’t lose your money! The reason this is so important can be seen in the math of losing:
Home Sales: Not The Logical World of Supply and Demand Generally speaking, the law of supply and demand dictates that when the supply of a certain item goes up, the price will come down. But not so with houses, it seems. The National Association of Realtors reports many months of rising inventories of home listings, yet prices in most areas are not yet backing off.