TITLE

Uncertainty the Best Place for Decisions

AUTHOR(S)
Levin, Ross
PUB. DATE
August 2006
SOURCE
Journal of Financial Planning;Aug2006, Vol. 19 Issue 8, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the emotional difficulty of making hard financial decisions. Two examples are given regarding decisions to sell property, one from the author and one from the other's clients. The clients decided to sell their barrier island Florida property, despite their attachment to it. After closing the deal, the clients felt they had made the right decision by avoiding the risks of owning a home in a hurricane prone area. The author's family, on the other hand, made a wise financial decision to sell their family cabin, but regretted the loss on an emotional scale.
ACCESSION #
22065616

 

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