Jan 4, 2008

wbur_17416947

Warren Buffet doesn't allow his emotions to make his decisions. He acknowledges the emotion, and then questions whether his emotions are real. He makes decisions about his emotions, and not the other way round.

In order to make investing decisions more immediate, label retirement funds with a concrete goal. For instance, call your RRSP the Hawaii account, and put pictures of where you want to live in the future in the folder.