Emotions can trip up any investor by stoking a fear of loss — and fears of losing out. The field of behavioral finance helps investors understand how emotionally driven decisions happen and the potential implications.
Mind Games: Behavioral Finance
On The Board of Directors
Substantial donors are often asked to serve on the boards of nonprofits they support. And being a board member for a nonprofit organization you care about can be very rewarding. Board memberships also carry significant responsibilities and can potentially expose you to liabilities, so a little research is in order before you accept a position.
Educating the Next Generation: Managing Inherited Wealth
Helping children understand how inherited wealth can make all the difference in their success.
Which News Do You Want First?
The global recovery feels different, depending on where you are. In this two-part video, Northern Trust’s award-winning Chief Economist Paul Kasriel takes a look ahead at the economic recovery — the hopeful signs and the hidden landmines.
Part I: Prospects for Jobs and Global Growth
Part II: Prospects for the Financial Sector, Real Estate and Long-Term Growth
Planning for the Unexpected
Despite your best-laid plans for how to distribute your wealth to your heirs, sometimes events happen that are beyond your control. How can you best prepare for unpredictable factors? Learn how in this Web-exclusive article.
- Managing Sudden Wealth
- Living Well: A Roadmap for Lifelong Health and Wealth Planning
Q. How can I make my family’s summer trip both memorable and educational?
A: With the right planning, any summer trip can become a valuable learning experience...
