Financial well-being and mental health are inextricably linked, a truth that we must face with the same seriousness as we do our physical health. The challenges of mental health, particularly among men who struggle to open up about this, is a conversation that must happen openly and continuously. The stark reality is that mental health...Continue reading
Month: November 2023
Financial fads: Is an 8% withdrawal strategy sustainable?
The financial world is often abuzz with the latest advice from soi-disant gurus and experts, but it’s essential to parse fact from opinion, especially when it comes to safeguarding your future. A recent stir in the financial community has brought the spotlight back onto the 4% withdrawal rule—a guideline for spending down retirement savings—and a...Continue reading
Unravelling the mind’s influence on financial decisions
Investing is a complex interplay between financial acumen and psychological influence, a concept well-articulated by Charlie Munger, the renowned investor and vice chairman of Berkshire Hathaway. He once said, “Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things.” Many people...Continue reading