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Understanding the trade-offs in our decisions

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Published Fri, Jun 12, 2020 · 09:50 PM
Euphoria and Despair

WE LIVE in a finite world. Every decision we make involves a trade-off. Spending more time making money may mean less time for family. Enjoying instant pleasure now may mean more hardship in the future. Financial decisions are no different. Every decision involves a trade-off.

Let's consider some of the trade-offs inherent in our decisions.

Risk versus returns

Wealth management

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