Any good financial advisor will tell of the importance of diversifying your portfolio. Putting all of our money into one investment leaves us vulnerable to risk. To protect ourselves, we diversify, investing some of our holdings in riskier investments and some in more stable investments. This is the safest way to see our assets grow […]
A story that was posted earlier this year on the Wall Street Journal blog, “The Wealth Report,” described a wealthy man who gave away his entire fortune as a means of achieving greater happiness. His feeling was that money and a luxury lifestyle were obstacles to being happy, so he decided he wanted to give everything away. […]
Time. It may be our most valuable resource for without it, nothing else matters. It also may be the resource we most take for granted, squandering it foolishly by watching re-runs of American Idol or whiling away the hours in a job that brings no meaning or satisfaction. Our relationship with time permeates every aspect […]
The relationship between wealth and happiness is complicated. People are always excited to hear (and share) snippets of research that seem to indicate that money doesn’t buy happiness. It is comforting to believe that happiness and wealth are not related because it means we don’t have to keep trying so hard to make a buck. […]
