How our money can make us truly ‘wealthy’ in retirement with Dr Daniel Crosby
The Humans vs Retirement Podcast
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The Importance of Courage in Retirement
In retirement, you have to be quite courageous when it comes to the money and the decisions that you make. William Sharpe found that you had to get your buy and sell decisions 82% of the time to match doing nothing. And in every single country where it's been studied, the less active people are, the higher their returns. So courage is not running through a burning building. It's not doing some great heroic act. When it comes to financial markets, courage is typically just hanging out, focusing on something else,.
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