It's one of the biggest traps in investing... one that too many of us fall victim to.
It's called the sunk-cost trap, and it may be the most dangerous trap of all. It's when a person will continue with something just because of the money, time, and effort that has been invested in it – rather than considering whether it's still the best idea.
Don't fall for these headlines...
A few years ago, the New York Times reported that "trust your gut" could be profitable advice on Wall Street... while the Financial Times described "gut feelings" as key to financial trading success.
Every great athlete has one thing in common...
They hate to lose – more than anything else in the world.
She laid down in bed for a nap. By the next morning, she was laying in another bed, with a ventilator doing the breathing for her...
It was Labour Day in Canada in 2021. MaryAnn Harris felt unusually tired. But hours after trying to rest, she started feeling queasy. Then the double vision set in.
Doc's note: "The single most valuable thing I could teach you about investing is also the simplest..."
That's what my good friend and Stansberry Research founder Porter Stansberry says he learned in today's story about his near-death experience. If you want to be a more successful investor, this is the lesson you should follow...
It's a natural instinct, but one that could spell disaster for your finances...
Humans are hardwired to follow the herd. We're more comfortable thinking and acting the same way as the majority. It's a survival instinct that has kept us alive for hundreds of thousands of years. Safety in numbers meant you didn't get mauled by a saber-toothed tiger.
It only took 135 years for Larry to discover the fountain of youth...
That's the "Quaker Oats man." You know, the smiling guy wearing a dark suit and wide-brimmed hat. He has round, ruddy cheeks, a double chin, and a cloud of white hair. Company insiders call him "Larry," though.
There's a bull market outside of stocks that very few folks are talking about...
But if you've been reading Health & Wealth Bulletin, you know all about it. And if you've been following our advice, you're up nearly 17% this year and 35% from when we started writing about this investment in late 2022.
As Ellie peered into the mirror, black dots began speckling her vision, and a second mirror image of herself appeared...
But this was no scene from a horror movie. The 21-year-old had just been plucking her eyebrows when she started seeing double and black spots.
More than 90 million iPhones...
That's what Apple (AAPL) executives expect to sell this year, after the iPhone 16 comes out in a few months.