| |
| |
|
Investing |
|
|
|
Articles and Information about InvestingNetFinancial | Institutions | LoansColleges and Universities | Search Engines Find Your Investing Soulmate on the Jersey Turnpike
As a followup to a previous column, "Irreconcilable Differences," I received an e-mail from a reader asking how she could ensure, ahead of time, investment compatibility with a future spouse. Unfortunately, like most issues in life, the direct approach does not work. Asking him, "Sweetie, how will you invest our 401(k) funds?" will only result in getting the answer he thinks you want. "Honey, whatever you think is best," will be the answer you will hear. The thought that different investment strategies could result in irreconcilable harm to your future relationship seems remote to him. But we know better. He will say whatever you want in order to move the conversation to supposedly more important questions like, "How many kids do you want, five or six?" Or, "What religion should we raise the kids in?" We all know, however, as index investors, that our Investment Gestalt (IG) is the key predictor of future happiness. Fortunately, I have developed a test that will increase the probability of matching your IG with that of a prospective partner. This is the scenario: Your friend (and I would keep the relationship at a platonic stage until after this first test of compatibility) is driving and you approach a toll on the New Jersey Turnpike. It's 5:30 p.m. and traffic is backed up a quarter mile. Now watch carefully as your friend selects one of 10 lanes to approach the tollbooths. Does he scan the mass of opportunities and abruptly cut across eight lanes of traffic to get into the shortest lane? So far, so good, correct? No, don't jump to any conclusions yet. Wait and see his behavior as his lane stops dead. Does he pull out and squeeze into the fastest moving lane two rows to your left? Even worse, does this behavior continue for the next 10 minutes as he chases the best performing lane? Stay away from this person. Don't give him a kiss goodnight and don't take his calls in the future. His approach is strictly short-term. He chases short-term performance (and he is rude too). Still confused? The most suitable mate, the one with a similar IG would have randomly selected a lane and not wavered. He realizes that the lane that moves the fastest cannot be determined ahead of time and that short-term performance has no statistical significance to the final outcome. Your Mr. Right would have selected a lane and stayed in it. He would have used the extra time to find your favorite CD and ask how your mom is feeling. Stay close to this guy. (Please note: With the introduction of express toll booths the validity of the above test has been challenged.) My question to our readers: what are the habits, quirks of personality that help you identify a person with a similar IG? Please share your perspectives with us. Is it the kind of car he drives? Or the kind of dog he walks? Or how neat he keeps his apartment? Is it important that he calls his mom each night? Or is it totally counterintuitive? Are Indy 500 or Formula One drivers more likely to be index investors, while librarians take very large positions in hedge funds? Please e-mail me with your insights so that I can share them with our readers. Hesh Reinfeld writes a syndicated business humor column. You can read additional examples of his columns on his website: http://www.heshreinfeld.com Or contact him at hesh1@comcast.net
MORE RESOURCES:
Investing - Google News |
|
|
|
RELATED ARTICLES
Effective Advice For A New Generation of Investors CATCHING A FALLING KNIFEOne of the most common mistakes made by inexperienced investors is trying to "catch a falling knife". This is a habit, common among new investors, of buying stocks that are in "freefall", and it's a bad idea for an investment strategy. Discipline in Trading and Investing The one thing I can think of that most affects both trading and investing has to be self-discipline.Being disciplined is fully 50% of the job of trading or of investing. Seven Investment Terms Everyone Should Know For those who have never given their financial future a second thought, the term "Financial Planning" could be a scary one. Investments can be a smart way to invest money for your future, but it can be confusing for those who have no experience in the financial business. Success Trading: Some Basic Terminology for New Traders The world of trading can get very complex because the financial markets are complex. There thousands and thousands of successful traders out there today. DXPortfolio: A Great Passive Investment of 25% to $40% per month First, I need to explain about e-currencies or digital currencies. DXPortfolio are based and supported by the supply and demand of e-currency. Buying a Home - Your BIGGEST Investment This column has often focused on intangible investments like stocks that a young investor might hold in their portfolio. While these are one of the most important components of an investment plan, it is not the dominant one for most young people. Can Using Sales Leaseback Method of Investment Property Acquisition Reduce Risk? Sales Leaseback compared to traditional property investmentCan a Sales Leaseback arrangement make investing in Orlando investmentproperties more safe and reliable?Yes. Providing a guaranteed rental amount each month is the safest andmost reliable way to realize a return on your investment. The Differences Betweeen the Wealthy and Everyone Else I recently received an e-mail from a young lady who had doubts about the principles of wealth found in "Rich Dad, Poor Dad". She mentioned a couple of past failed investments, and wanted to know what I thought about investing and financial freedom - whether it was just a myth, or whether it could be acquired. Playing With Money - And Making More Ready to start playing with your money? Not interested in complicated businesses or boring bank C.D. Why the Rich Keep Getting Richer Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated, caring, brilliant individuals? Becoming rich isn't hard, but it does require a bit of time and knowledge. Having time to get rich, educating oneself, and buying assets are the three key factors in attaining untold wealth. Investing in Car Dealerships: Doing Your Homework This article attempts to help give the investor a broader basis upon which to decide whether a dealership merits their time, money and attention.Interviewing Factories and Financial InstitutionsLenders have an affirmative duty not to promiscuously disclose the financial condition of their debtors. How Eating Bitumen Made Me a Better Stock Trader Stock market trading is a fascinating activity.There are so many layers to it. Art Investing for a Financial Future When we think of investing we probably conjure images in our minds of the New York Stock Exchange, suited stock brokers making deals, bonds and treasury bills, and all manner of financial matters. The last thing we probably think about is art. The Arrow-Debreu Contingent Claims Model of Investment Throughout the discussion of speculation and stability, we emphasized that uncertainty theorists now have a generally accepted framework for modeling choice under uncertainty. Economic theorists have chosen to model uncertainty as the revelation of a state of the world. Quit and Retire Three Years Earlier! For most people, there is a direct correlation between how worried they are about retirement income, and how much they can actually do about it. This is because the more worried you are, the closer you probably are to retirement, and the less time you have to do anything - like save up. Evaluating A Money Manager Scams and frauds are designed to take your money through false promises and phony claims. Money management is supposedly designed to increase your net worth. Volatile Oil The Light Crude Continuous Contract fell from $67.70 a barrel on Monday to $62. Commodities - The Next Big Wave of Fortune Building Have you often wished you could have got in on a tremendous money making opportunity before it took off? How would you feel if you had bought Microsoft stock when it first went public and your investment doubled 5 times? Imagine how rich you would be right now?I'm not saying you should be in Microsoft stock at this time. In fact Microsoft's stock has stayed in the $25 range for years now. Everybody Wants to Know How to Invest Those unfamiliar with the process of making and managing investments often have more than a few trepidations about investing in general. They figure that, since they do not know how to invest, they will never learn. Top Ten Investment Mistakes 1. Lacking an investment plan a/k/a/ "Don't take a trip without packing the map".
|
|
Currency Trading | Investing | Leadership | Negoatiation | Real Estate | Stocks and Mutual Funds | Taxes home | NetFinancial | Institutions | Loans | Colleges and Universities | site map Search Engines | EZmatic | 0pops | GetSonic | TrafficFish | Health |
| © 2006 |
