Why People Believe Weird Things About Money - Trading-Lab

Leth · #1 01-17-2008, 03:58 PM

Here is a good article posted in the Los Angeles Times that provides a good perspective...

http://www.latimes.com/news/opinion/...nion-rightrail

Mr. Blonde · #2 01-18-2008, 08:01 AM

That is a sad but good article. I initially chose the $50k because I figured in the other scenario that the cost of goods/inflation would reduce the purchasing power of my $100k. (assuming that $250k was the top salary level available to anyone) I quickly changed my mind after reading that cog were the same.

I'm going to do that experiment with the $100 split.

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#1 01-17-2008, 03:58 PM
Leth Super Moderator Join Date: Oct 2007 Posts: 621	Why People Believe Weird Things About Money Here is a good article posted in the Los Angeles Times that provides a good perspective... http://www.latimes.com/news/opinion/...nion-rightrail __________________ Nothing is more difficult than the art of maneuvering for advantageous positions. - Sun-Tzu Trade with the trend, Ride winners, Cut losers, Keep bets small, Use Stops - Old School

#2 01-18-2008, 08:01 AM
Mr. Blonde Member Join Date: Jan 2008 Posts: 37	That is a sad but good article. I initially chose the $50k because I figured in the other scenario that the cost of goods/inflation would reduce the purchasing power of my $100k. (assuming that $250k was the top salary level available to anyone) I quickly changed my mind after reading that cog were the same. I'm going to do that experiment with the $100 split.