The Most Important Money Question: Why
(New York Times) — As an investor, the first thing you need to do is ask, “Why am I investing?”Simon Sinek’s book “Start With Why” reminded me that this question gets skipped over all too often. In the world of investing, people start with the product and related matters:
- What stock or fund am I going to buy today?
- What asset allocation should I use?
- What estate planning strategy should I adopt?
Most of us are trained to think “What” first, because it’s what you hear about all day long. It’s the message you read in some financial publications and see on CNBC. But “What” questions should come after we think about “Why” and understand “How.”
SEE ALSO
- Nia Long Isn’t Happy With How The Boston Celtics Handled Ime Udoka’s Cheating Scandal
- Wendy Williams’ Son Kevin Hunter Jr. Evicted From Miami Apartment
- Tyler Perry And Byron Allen Are In Talks To Acquire BET From Paramount
- Lenny Kravitz Maintains Rock God Status With Bubble Bath Thirst Trap And A Phone Call From Denzel Washington During Performance
- Georgia Judge Prohibits Tiffany Haddish From Drinking And Ingesting Illegal Substances
