The Scientific Investor
Intelligent ideas to make you healthy, wealthy and wise.
Ian McGugan is a multi-award-winning business reporter with Canada’s Globe and Mail. He’s been writing about investing, economics and business for more than 20 years. Previously, Ian was executive editor of Canadian Business magazine, founding editor of MoneySense magazine, and he’s also worked for the Financial Post and the Financial Times of Canada. Best-selling financial author Andrew Hallam cites Ian McGugan as one of his most influential mentors.
By:
Ian McGugan
March 28th, 2018
One of the most common reasons people give for refusing to invest in stocks and bonds is it reminds them too much of gambling.
After all, both are uncertain, involve risk and may result in a loss.
But avoiding financial markets for that reason is a bit like refusing to eat because it could potentially cause heartburn.
Like it or not, we all have to take risks in life.
By:
Ian McGugan
March 7th, 2018
If you’ve ever suffered a major financial loss, you know the last thing you want to hear is, “it’s only money.”
Because it’s not just money...
The emotional and physical effects of a major financial loss are similar to the grief you feel over the loss of a loved one, according to Aaron Bruhn, a lecturer at Australian National University.
Increase your wealth, improve returns, cut costs and remain compliant.
Subscribe today and grow.
By:
Ian McGugan
February 6th, 2018
[Estimated reading time: 4 minutes - Read while pondering the meaning of life]
If you want to get rich, you probably dream of finding the ideal money manager – someone who can peer into the future and know which stocks will sizzle and which won’t.
The market guru we all yearn for is omniscient, infallible, nearly god-like.
But would you actually be happy with such a flawless creature?
Surprisingly, no.
By:
Ian McGugan
January 4th, 2018
[Estimated reading time: 6 minutes - read while you debate whether to start your post new year fitness plan]
It’s easy to snicker at people who make New Year’s resolutions.
John Norcross, a professor at the University of Scranton, found that only about half of those who announce such self-improvement programs manage to stick to them for even three months.
But the cynics who laugh at all those quitters may be missing the bigger point.