Wednesday, August 27, 2008

Things you should do, but probably don't

Advice from Nudge (book review), a new book summarizing research in Behavorial Economics:
  • save more
  • diversify your investments
  • don’t invest much in your employer’s stock
  • don’t pay points on mortgages
  • buy insurance with the biggest deductible you can afford
  • don’t pay for extended warranties

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