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Advice from a Surprising Source!

Harrison Lazarus Advisors, Inc. - Wednesday, August 08, 2018

Someone is sitting in the shade today because someone planted a tree a long time ago.” — Warren Buffett

Life is full of surprises. I would not have imagined I would be sharing advice from the rapper and entrepreneur Jay-Z, but he and billionaire Warren Buffett share a similar mindset that has helped them succeed: long-term thinking. As you will see, not getting distracted by the “next hot thing” has worked for them, and is a good reminder for long-term investors. To help increase our chances of making good decisions — and not just financial ones — a combination of psychology and behavioral economics can teach us how to tame the biases that can sabotage good decision-making. And as we count down to the end of the summer and the start of back-to-school season, here are some tips to help your child or grandchild make a smooth transition into college. Enjoy the rest of your summer!    
 
Jay-Z and Warren Buffett Agree — Having This Mindset Will Help You Succeed

Two superstars from very different disciplines offer their advice on how long-term, independent thinking can lead you to successful outcomes, whether you’re planning your next career move or fine-tuning your investment portfolio.



5 Tips for Better Decision Making 

What if you could retrain your brain to make better, more rational decisions? A combination of psychology and behavioral economics will show you how.



4 Ways Couples Can Tackle Money Goals Together

Financial issues can strain relationships. Learning ways to better communicate about money makes it easier to work together with your spouse and reduce the potential conflicts.




7 Real-Life Skills Your Teenager Needs?

There’s more to preparing teenagers for college than academics. Discover ways to teach students how to deal with money, illness, loneliness, and navigating new terrain and cultures effectively and successfully.