Irrational Investors  Most economists work on the assumption that all investors are rational.  All of us who have actually invested know that isn’t true.  But why?   What is it about human psychology that prevents us from making the right decision when it comes to investing?  I Can’t Sell at THAT Price  I’ve written before about how I’ve lost money because […]

What has $34,000 in annual income, $40,000 in annual expenses and $148,000 in debt? I’ll give you some time to think about it.   Maybe you said the average American household.  Maybe you got more specific and said the average Millennial.  Those both would be wrong.    According to the Congressional Budget Office, the correct answer is […]