Posted
Jan 09 2008, 06:00 AM
by
Karen Datko
This post comes from partner blog The Dough Roller.
Sound personal-finance and investing decisions flow from two things -- knowing the numbers and knowing ourselves.
If we know the numbers but not ourselves, our decisions will look good on a spreadsheet, until our real-world decisions deviate from the plan. If we know ourselves but not the numbers, our decisions may feel right, but will lead us down the wrong path.
What's the answer? We need to think like Mr. Spock, but act like Captain Kirk. Allow me to explain.
Read More...