Is it wrong to second guess your investment decision? I think that is an interesting question. My gut feel is that second guessing happens more often than we dare to…
Tag:
Prudent
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Investment
Why 100% Cash Isn’t Always Prudent for Income Seekers Focused on Long-Term Sustainability
The wealth effect is an economic concept that describes how people’s spending behavior changes when their perceived wealth changes, even if their actual income hasn’t changed. When people feel richer,…