◀ The Principal Blog

Posts tagged ‘finance’

The Rational vs. Irrational Investor



On occasion, we all make questionable decisions and reach incorrect assumptions. Often, this is due to cognitive biases—built-in tendencies that we all share. Many social psychologists believe cognitive biases help us process information more efficiently. But in some situations, these biases can…

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No COLA for Social Security and its Impact on Some Unlucky Medicare Beneficiaries.



Good luck trying to convince those on fixed incomes there was no inflation in the past year. In 1975, Congress passed into law one of the most important provisions for the Social Security program. It authorized annual cost-of-living allowances, or COLAs, for Social Security benefit recipients based…

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