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The Best Financial Advice I Ever Got (or Gave)

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  • The Best Financial Advice I Ever Got (or Gave)

    Worth the read...

    The holidays are a time for relaxing, helping the less fortunate, showering family and friends with love and attention—and, sometimes, for smiling and nodding through unsolicited stock tips from an overbearing relative who has been sampling the eggnog.

    Good advice can make careers and forever change lives for the better.

    But good advice can make careers and forever change lives for the better. So The Wall Street Journal asked an array of prominent people who manage, invest, study and write about money to share the single best piece of financial advice they ever received—or gave.

    The respondents included investors who collectively have earned billions of dollars for clients and themselves; founders and owners of businesses that are household names; and Nobel laureates who shaped the world's understanding of the forces that drive the stock market...



  • #2
    The Emotional/Personal Aspect

    Thanks for the great article, it hits a lot of really important points on the human side of finances and investments. Here is a sentence that stuck out to me particularly.

    "Finance is never, ever, a theoretical exercise; you're never half as detached from portfolio losses as you think you will be"

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