An amusing and whimsical look at behavioral finance best practices for investors.
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Even if you didn’t grow up on a farm, you’ve heard, “Don’t put all your eggs in one basket.”
It’s morning and you’re out the door. Immediately your home’s smart devices take over, dialing down the heat, turning off the coffeemaker, and arming surveillance inside and out. In the car, rain-sensing wipers activate at the first drops; adaptive cruise control maintains a steady pace; and upon arrival, parking assist gets you into a tight space, no problem.
Estimate how much income may be needed at retirement to maintain your standard of living.