How to Make Better Decisions
Posted on March 16th, 2011
I’m in a constant pursuit of improving my skills as I manage your money and guide you towards your goals.
This study, which I find interesting, studied decisions made by people with empty and full bladders. The full bladder people made better decisions.
While I don’t necessarily think having a full bladder is the true answer to wisdom, I read this study that good decisions are made when there is a deadline, sense of urgency, and you’re focused on your goal so you can move on to other things.
Just in case, I’m drinking some water while I write this.
CLICK FOR FULL ARTICLE
The information being provided is strictly as a courtesy. Our company makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you assume total responsibility and risk for your use of the sites you are visiting.
The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.
The Standard & Poor’s 500 Index (“S&P 500”) is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market.
The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends.
Indexes are often used as a proxy for the stock market and cannot be invested in directly.