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☆ Mothers may know best when it comes to money
▼ + stars: | 2023-05-10 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

For Mother's Day, we asked a few business leaders about the best money advice they ever got from their moms. Founder & chief investment officer, Ariel Investments"My mom was Deputy Solicitor General, and was a pioneer in serving on corporate boards. "When I started Ariel in 1983, when I was 24, my mom gave me whatever liquid cash she had. We can't always control how much money we make, but we can control maximizing the value of the things we already have." "The best financial advice my mom gave me was to be financially minded at a young age.

☆ The Stock Market Has Been Full of Drama in 2022, and It’s Masking Investing Opportunities
▼ + stars: | 2022-12-05 | by ( Mellody Hobson | John W. Rogers Jr. | ) www.wsj.com time to read: 1 min

There has been no shortage of market drama this year. The breathtaking returns fueled by post-Covid enthusiasm have been drained from stocks as a bear market has taken hold. The drama is understandable. Instability grips the world as the pandemic lingers, inflation swells, violence against Ukraine rages, an energy crisis looms and China shelters. U.S. consumers are still buying, but their confidence is falling, as prices and escalating wages remain largely unaffected by the interest-rate increases meant to contain them.

First, we have to understand why our minds make it so hard to have a nuanced view. Then, we have to get beyond that.

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