Studies show that people get happier with their lives as they have more money
but only up to a point. After their basic needs are met, people get happier by a
smaller and smaller amount as they have more money. And at a point, adding even
more money no longer makes them happier. So instead of shooting for interstellar
growth with your portfolio, just shoot for one nearby star. You are more likely
to hit that attainable target and less likely to fall all the way back to Earth.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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