While instant wealth is fun to think about, it is elusive. Wealth looks like it was created overnight when it was actually created through years of hard work.
Psychological research and behavioral evidence have demonstrated that humans typically regret losses at least twice as much as they appreciate similar-sized gains. We are “loss-averse.”
Colorado's wine industry has been steadily growing for years; there are now 146 producers in the state. It is estimated that the contribution of the Colorado wine industry to our local economy is around $21.1 million from direct wine sales. Setting aside the pleasure many of us get from drinking it, should we consider investing in wine and how do we go about doing so?
The best banks can help guide and mentor a growing business.
The Paradox of Choice is a behavioral finance doctrine that describes how the presence of too many choices is paralyzing and debilitating, hindering decision-making.
All of this takes time and effort, but without securing a loan or other business funding, it can be difficult or more time-consuming to reach your business growth goals.
EHRs are expensive to plan for, implement, train and maintain.
We, on the other hand, believe they are complementary and not mutually exclusive. Based on our research, neither an all-passive, nor all-active portfolio, is an optimized portfolio. Rather, optimal appears somewhere in the middle, hence our comparison to yin and yang.
Individuals should work with their financial advisor to understand the risk of their required position when it comes to investing in their own company.
Keen attention to market trends both at home and abroad are key to constructing a solid investment portfolio.
Here are some tips for those just starting out on a financial path.
Bonfire Brewing was growing so quickly it was tough to keep up with demand and needed to invest in more tanks. Unsurprisingly, the 80 tanks he needed came with a hefty price tag.