31Oct 2018
Dealing With Uncertainty

Psychology of Wealth: Dealing With Uncertainty

By John Sage

After years of working with investors,I can discuss in great detail two reasons that people are unable to reach their wealth goals.

1. Misguided beliefs about money and wealth

2. Basing their investment decisions on instinct

In this article,I want to not only discuss more about the irrational beliefs that people have about money,but also what you can do about it.

Exaggerated Reactions to Market Fluctuations

This is extremely common. When things are great in the market,people believe that they’ll last forever and are excessively optimistic. On the other hand,when the market is stagnating or in a recession,they become pessimistic about the future and think things will stay bad forever. Not only is this misguided thinking,but it can close people off to great opportunities.

My advice? Learn to identify a truly significant change requiring action from a regular shift in the market. To do this,it helps to understand the market context over the long-term,not just in the present.

The Inability to Deal with Uncertainty

It’s no surprise to anyone that investing goes hand in hand with uncertainty. This is why seasoned investors follow a set of guidelines to help them objectively weigh the pros and cons of investment opportunities.

Again,it’s crucial to understand the market in the long-term and have reliable investment tools that help you judge risks methodically.

Want More?

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31Oct 2018
Properly Dispose of Old Documents Around the Office

Go to any office space around the country,and chances are you are going to see filing cabinets filled to the brim,or maybe stacks upon stacks of paper taking up valuable space. If this sounds like the office that you work in,then maybe it’s time to do some cleaning. The problem is,a lot of documentation in an office contains sensitive information,and if it were to fall in the wrong hands,it could spell doom for the entire company. Thankfully,there is an easy solution. If you decide to go with a document shredding company,you can be assured that not only will your stacks of paper diminish,they will be destroyed in a safe way,that’s also good for the environment.-

The Shredding Process

If you were to hire a shredding company,first you would have to go through your documents,and decide which ones you no longer need. After that,the company will come with containers,and take them back to their warehouse. It is really that simple!The shredding company will use high powered machines to completely destroy your documents,so they could never fall into the wrong hands. If you decide to make it a regular monthly service,chances are they will give you receptacles to keep at your office,so all you have to do is place the items you want to be shredded into the container and wait for the shredding company to do their thing. It is as easy as throwing something away.

What Happens Once It’s Gone

You might be curious what a shredding company will do with your documents after they have been destroyed,and how exactly it is good for the environment. Well,most shredding companies are tied to a recycling program,sending bails of destroyed paper to the plant so it can be refurbished into something else. This saves our precious trees from being cut down for new paper. Not only that,but you will save your company time and money this way. You won’t have to buy an expensive shredder,use your employees time to sort through files,or give a bad impression to clients that visit your office. With all of these savings,it is easy to see why hiring a shredding company is great for your business.