When it comes to investing, the biggest threat to your portfolio isn’t the market—it’s your own brain. Evolution equipped us to survive in a world of immediate threats, not to stay calm in the face of volatile markets or abstract probabilities. As a result, our...
As Halloween approaches, we’re surrounded by ghosts, goblins, and things that go bump in the night. But there’s another kind of creep to look out for year-round—and it can haunt your long-term financial goals. I’m talking about lifestyle creep. Lifestyle creep happens...
In financial terms, burn rate describes how quickly money goes out compared with how fast it comes in. Everyone has one — it’s simply the rhythm of how we use our income to support our lives. When you understand your own burn rate, you gain insight into what keeps...
Financial planning is often portrayed as a matter of perfect prediction — spreadsheets, models, and forecasts that promise clarity amid uncertainty. Yet the truth is far gentler and, paradoxically, more powerful: the best financial planning accepts mystery rather than...
For decades, U.S. Treasury bonds were regarded as among the safest of investments—so reliable, in fact, that they came to be viewed as the foundation of the global financial system.But today we are facing an environment where those old assumptions may no longer hold...
