Personal Development Archives

The Best Investment Strategy for Normal People

October 16, 2018/0 Comments/in Personal Development /by George Krueger & Mary-Lynn Foster

The best investment strategy for normal people (i.e. non-financial types) is simple. Yet it tends to yield better risk-adjusted returns than a commonly touted investment strategy.

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We discussed whether or not the stock market is haunted on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by recent fluctuations in the stock market. What’s the best investment strategy to deal with these fluctuations, if you’re a normal person (i.e. non-financial types)?
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The First Step in Solving Money Problems

August 28, 2018/0 Comments/in Personal Development /by George Krueger & Mary-Lynn Foster

Money problems come in all shapes and sizes. But in all cases, the first step involves defining if it is a puzzle or a mystery.

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We discussed the two types of money problems on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by a post on Psychology Today by Utpal Dholakia. He borrows a concept from the national security expert who – literally – wrote the book on puzzles and mysteries* for the intelligence community.

The first step in solving a money problem is determining the kind of problem you’re dealing with.
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How to Save Money on a Midlife Crisis

August 14, 2018/0 Comments/in Personal Development /by George Krueger & Mary-Lynn Foster

A midlife crisis can be costly. Fortunately, a new discovery offers us a new way to save ourselves and our money.

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We talked about midlife crises and happiness on The BIGG Success Show today. This episode (#947) was inspired by the book The Happiness Curve* by Jonathan Rauch. Here’s a summary of that discussion.

Retirement Planning an Easier Way

August 7, 2018/0 Comments/in Personal Development /by George Krueger & Mary-Lynn Foster

There’s good news on retirement planning, whether you’re early in your career or further along.

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We discussed an easier way to plan for your retirement on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by a study on the power of retiring later, published by the National Bureau of Economic Research.

Which of these two options sounds harder to you…

(1) saving 1% more every year for 30 years, or

(2) postponing your retirement by 4 months

The two of us agreed that Option 1 sounds harder. Yet the researchers found the two options deliver similar results.

The Downside of Finding Your Passion

July 31, 2018/0 Comments/in Personal Development /by George Krueger & Mary-Lynn Foster

We discussed finding your passion on The BIGG Success Show today. Click the player to listen, or keep reading for a summary of that discussion.

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This show was inspired by a study on finding your passion to be published in Psychological Science.

The research shows people are led astray by the advice to “find your passion”. It makes it harder to discover one’s passion. So you get stuck. In fact, that’s a conclusion we came to years ago here on BIGG Success.

Fortunately, there is a better way…

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