Many thanks to Mary Pilon and Davis Janowski for mentioning Behavior Gap this week. It’s exciting to see that what we’re doing at Behavior Gap is reaching people.
The Behavior Gap store is up an running. We still have some large t-shirts left from our original order, but if you need a size other than large, we will be placing a new order, probably next week. So just ping me at carl{at}behaviorgap{dot}com and we’ll make sure we get the size and color (black or heather grey) you want. Have a great Memorial Day weekend, and if you’re traveling this weekend, we wish you a safe journey.
Behavior Gap Goes to the Coffeehouse, Episode 4
This weeks episode focuses on the goal of defining where you are today and where you want to go. While this process sounds simple, many people aren’t sure where to start.
Many Bought Shares High, Sold Low
Since bottoming out, the Dow has surged 26%. That means investors who sold at the bottom have missed out on one of the most powerful rallies in decades. “Their timing was almost perfectly bad,” said Dennis Houlihan, a Fort Wayne, Ind., financial adviser who tried unsuccessfully to steer three of his clients away from selling in early March…
Some investors said they had no choice but to bail out when stocks were sinking. Josh Caucutt of Lakewood, Colo., cashed out his individual retirement account in early March to help pay the $1,200-a-month maintenance costs on his unsold home in Wisconsin. The IRA, valued at $3,000 a year ago, was divided evenly between a stock-index fund and funds that blended stocks, bonds and other investments. When he cashed it out, it was valued at $1,800, a 40% slide.
“I knew exactly what I was doing,” said the 34-year-old father of three. “By no means am I convinced I did the right thing. But we needed this money immediately. And there wasn’t much to indicate that things were going to change.”
What Makes You Feel Rich While Being Frugal?
Everyone who opts for a life of thrift can benefit from finding one or two things that make them feel “rich”. These indulgences don’t have to cost a lot of money — they just need to provide mental relief, an escape of sorts.
