Self Improvement Site
On The Internet! Take the Self Improvement Tour
On The Internet! Take the Self Improvement Tour
Articles from Russell Holcombe | Selfgrowth.com
- Seduced by Homo Fictus - by Submitted on Jan 08, 2013 from Russell HolcombeHuman beings are obsessed with stories. From the very beginning of our existence, we have used stories to explain the way of the world and make sense of the environment around us. Even as we sleep, our addiction to stories manifests themselves as dreams. In the book The Storytelling Animal, ...
Views: 1270(1 vote) - Avoiding Regret in Financial Planning: Be Prepared for Change - by Submitted on Jan 08, 2013 from Russell HolcombeRegret is a stern taskmaster. It simply will not let you rest. Thoughts of “coulda, woulda, shoulda” constantly nag at you and begin to gradually feel like the mental equivalent of having a pebble in your shoe that you just cannot seem to get rid of. In order to keep regret at bay, it is wise ...
Views: 717(1 vote) - Peruvian Lessons on Good Financial Planning - by Submitted on Jan 08, 2013 from Russell HolcombeA couple of years ago, I came across an article about a Peruvian man named Jorge Villanueva, whose story, while unfortunate has a great deal to say about financial planning. According to the article, Mr. Villanueva was scheduled to have an amputation on his left foot at a hospital in Callao, ...
Views: 658(1 vote) - Defining and Reaching Your Financial Dream - by Submitted on Jan 08, 2013 from Russell HolcombeDreams are funny. Wanting to be a pilot, a famous businessperson, or movie star plants itself somewhere deep inside of us very early on. Dreams are shrewd. They don’t care if you’re rich, poor, educated or not, they will not be satisfied until you reach them. Chasing your dream won’t satisfy the ...
Views: 695(1 vote) - Financial Planning: The Importance of "If" - by Submitted on Jan 08, 2013 from Russell HolcombeThe simple truth about life is that it is unpredictable. As humans, we try to plan and predict what the future may hold despite our inability to know for sure what lies ahead. With an unknowable future, having a financial plan is always a good idea. Plans keep us focused and on track in a ...
Views: 786(1 vote) - Don't Be the Bird on the Road - by Submitted on Jan 08, 2013 from Russell HolcombeLife is about knowing our limitations. In nature, it is an obvious fact that birds do not run particularly well, they fly. When they do try to run, the consequences can be deadly. This thought filled my mind as I swerved to avoid hitting the carcass of a large dead bird in the road. As I ...
Views: 665(1 vote) - Focus on the Bird in Hand - by Submitted on Jan 08, 2013 from Russell HolcombeThe old saying, “a bird in the hand is worth two in the bush” may seem quaint and cliché, but there is truth in its simplicity when it comes to financial decisions. In today’s financial world, we are bombarded with choices. From armies of financial advisors to the latest hot stocks, the myriad ...
Views: 767(1 vote) - Don't Pay Fixed Bills with Variable Money - by Submitted on Jan 08, 2013 from Russell HolcombeThroughout my time as a financial advisor, I have noticed one main difference between those who are secure financially and those who are not: how they pay their bills. Without a doubt, the main lesson I encourage each of my client’s to learn well is to never pay fixed bills with variable ...
Views: 804(1 vote) - Bricolage - by Submitted on Jan 08, 2013 from Russell HolcombeIn my opinion, the majority of investment advice out there seems like it just came off of a factory production line. For some reason, financial planning has become formulaic and advisors are trying to fit a variety of clients into a single mold dictated to them by higher ups in the firm. While ...
Views: 856(1 vote) - Intelligent Errors: Learning from Financial Mistakes - by Submitted on Oct 30, 2012 from Russell HolcombeThere are distinctive patterns in the errors people make. The reasons for this are many. Daniel Kahneman, in his excellent work “Think Fast and Slow,” takes his reader down a thoughtful path to uncover how and why we make decisions, and most importantly how and why we make the same mistakes over ...
Views: 998 - Planning, Pilots, and Profits - by Submitted on Oct 30, 2012 from Russell HolcombeThe last several years in the financial markets have been truly transformative. Strategies that were seen proven and effective methods for decade suddenly stopped working and trillions of dollars of wealth instantly disappeared. All of a sudden, the financial “experts” began to lose their luster ...
Views: 722 - Life Should Be More than Slaving Saving and Dying: Breaking Free of the Financial Factory - by Submitted on Oct 30, 2012 from Russell HolcombeSounds exciting, doesn’t it? If the financial factories had their way, you would spend your whole life as an endured servant to your 401(k), working away to save and build a nest egg with no real way out. This is the path the large investment firms need you to follow. Every story they tell ...
Views: 728