Archive - August 13, 2012

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Investing With Humility
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Rent Or Buy?

Investing With Humility

Our society places a high value on confidence and most people identify it as a key element for success in life. But does it necessarily hold true for successful investing?

In daily life when we talk about confidence we are referring to the degree of certainty that we hold in the validity of our knowledge, predictions about the future, or decisions. In other words, self-confidence reflects our opinion about our own abilities. However, not everyone is realistic about their limitations and their abilities.

People that lack confidence are at one end of the spectrum. They underestimate their understanding of the …

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Rent Or Buy?

A recent Bloomberg article, Recession Generation Opts to Rent Not Buy Houses to Cars, illustrates how different generations manage their finances based on their economic experience. The article makes the case that the Great Recession may have hampered Gen Xers and Gen Yers chance for building wealth. The article states:

For those who choose to rent not buy, there’s a price to pay, said Lubell of the Center for Housing Policy. By foregoing purchases of assets like homes, young people are giving up on a chance to build wealth, he said.

“What you are seeing is a delay in all

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