Common wisdom tells us that the partner who is most knowledgeable about money becomes the money manager. Sounds logical.But that’s not what researchers Adrian Ward and John G. Lynch both psychologists and marketing professors found.Examining 313 couples early in their relationship, they asked about financial literacy, credit score, income, and time spent on household work.…
Day: April 25, 2020
Coronavirus: How to help and why it’s good for you
Writing for The Wall Street Journal (4/17/20) Michelle Ma writes: “When you’re down, help others.”“Psychologists and stress researchers have long understood the mental and emotional benefits of doing good.”Research by Dr. Emily Ansell demonstrated that “performing compassionate acts, even small ones, can help mitigate the negative effects of stress on an individual’s mood and mental…
A Simple Global Market Portfolio
A Simple Global Market Portfolio consists of “all stocks, bonds and other assets that are readily tradeable. This is the mix of investments that’s owned by all investors worldwide and reflects our collective judgment of what different securities are worth” writes Jonathan Clements in the Humble Dollar weekly email. Sign up at https://humbledollar.com You can…