Speaking at Rich Woman International Forum

I am looking forward to joining my friend, Kim Kiyosaki, and others, as a speaker, at the First Annual Rich Woman International Forum, January 29 – 31, in Scottsdale, Arizona. My talk will focus on using paper assets to manage risk and create lasting financial success, which I define as the ability to support a reasonable lifestyle, indefinitely into the …

Stock Market Slot Machine

I strongly recommend an excellent article to you, from the Psy-Fi blog, a regular on my daily reading list. The title of the article is B.F Skinner’s Stockmarket Slot Machines: Win Big, Win Rarely, Win Never. I often refer, in the investment courses I teach, to B.F Skinner, intermittent variable reinforcement and how the stock market creates superstitions much like …

Using that iPhone or iPod to Upgrade the Software Between Your Ears

You know you are getting old when you find yourself constantly saying, “Back in my day …” Well, back in my day, you didn’t attend college classes online. But the world has come a long way since I was in college and these days attending courses online is part of the normal college routine. As a result, some of the …

10 Items for Your Year-End To-Do List

Can you believe it? 2009 is almost over! The older I get, the faster they go! I thought I would put together a quick note to remind you of some helpful, year-end tasks you may want to consider: 1. Rebalance investment accounts – this is something few people do but I highly recommend. This involves bringing your investment accounts back …

The Danger of “Expert Advice” – Financial or Otherwise

A study, by three neuroscientists, at Emory University, finds that when given expert advice, the decision-making part of our brain shuts down. That’s not a big deal if the advice we are receiving is good. But what if it isn’t? In the study, the results of which were published in March 2009, the scientists used functional MRI to monitor the …