11.28.08 - 05:45pm
Not too long ago, there was a story in local TV news about how people were turning to second hand clothing shops like Crossroads and the Berkeley Public Library to save money given the current state of the economy. Theory says it’s expected that as people have less spending cash, they turn towards alternative [...]
11.24.08 - 11:09pm
I was recently talking to a financial advisor at Charles Schwab with a relative and he showed us the emotional stages of an investor:
Image: Charles Schwab
He mentioned that currently, the majority of investors fall in between the panic stage (where small investors dump their holdings) and the capitulation stage (where large investors e.g. funds dump [...]
11.12.08 - 10:32pm
I’ve learned a lot about personal wealth, especially in the past 21 months. I decided to start this site to share what I’ve learned and about my experiences.
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