Wednesday, January 14, 2015

NEW YORK, USA — In this June 18, 2014 file photo, specialist Peter Giacchi calls out prices during the IPO of Foresight Energy on the floor of the New York Stock Exchange. A strong US economy helped propel the stock market higher for a fifth straight year in 2014. (PHOTO: AP)

 As another year begins, many individuals have made various New Year’s resolutions in the hope of having a more prosperous and enjoyable year.   A popular resolution is the desire to be in a more favourable position financially, but let’s be honest, these promises are usually made the previous year and even the year before that. So why hasn’t it been working? The answer is discipline; most of us can “talk the talk”, but we give up on these promises by the end of January, some even sooner! This is a problem most investors face daily.

http://www.jamaicaobserver.com/business/Psychology-of-investing_18216035