Building your financial stop-doing list: Stop letting pessimistic predictions get you down – by Steve Lowrie

Are you a “glass is half full” or “glass is half empty” type? When it comes to investing, there is considerable room – and evidence – to believe that you’ll be better off if you assume a half-full outlook. So why do most investors seem to expect the worst as early and often as they can? In his recent post, “Why Does Pessimism Sound So Smart?” Morgan Housel offers some excellent insights on how we tend to give pessimism more weight than it deserves. Most of the reasons he proposes come from … [Read more…]

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