Getting Started With Investing? Ask Yourself This

Getting Started With Investing? Ask Yourself This

Do you want to get into investing but aren’t sure where to start? Do you need professional financial help to get started? Investing doesn’t have to be complex. People selling investments profit by making them complicated—they convince you that you need professional help to get started with investing. Yet the actively managed funds they sell are costly and underperform index funds. According to financial blogger J.L. Collins, getting started with investing only requires answering three questions and applying three wealth-building tools (stocks, bonds, and cash). We’ll consider Collins’s three questions for beginner investors and the wealth-building tools below.

What Is Adaptive Leadership: Definition & Qualities

What Is Adaptive Leadership: Definition & Qualities

What is adaptive leadership? What does “leading adaptively” entail in practice? “Adaptive leadership” is marshaling people to tackle problems with unknown solutions and thrive while doing so. These problems with unknown solutions are called “adaptive challenges.” The only way to solve them is for the people in organizations to learn and change. In this article, we’ll take a look at the qualities of adaptive leadership, the key activities inherent in addressing them, and some tips on how to lead adaptively.

The Environmental Factors of Self-Confidence

How to Build Faith in Yourself and Change Your Life

Is confidence a matter of nature or nurture? What role does the environment play in confidence development? Confidence isn’t a matter of nature versus nurture—both biology and environment are implicated. Scientists estimate that around 25-50% of confidence stems from our genes, and there is also a lot of evidence in favor of nurture. In this article, we’ll look at what role the environment plays in confidence development, focusing on the environmental factors of self-confidence that affect women, who often lack the self-belief men have.

J.L. Collins: How to Balance Your Investment Portfolio

J.L. Collins: How to Balance Your Investment Portfolio

Do you want to get into investing? What factors should you consider as you decide what to do with your investment money? How much risk should you incur? Two stages in your investing life determine the mix of assets in your portfolio: the wealth accumulation stage, and the wealth preservation stage. According to financial blogger J. L. Collins, if you are young, you should focus on accumulating wealth. When you are approaching the retirement age, you should focus on preserving it so you can continue to live on it. Once you’ve determined your investment stage and allocated the desired percentages

Ronald A. Heifetz: Preparing for an Adaptive Change

Ronald A. Heifetz: Preparing for an Adaptive Change

What exactly is an adaptive change? Have you ever introduced a fundamental change to your organization’s processes? How did you communicate it to your team? According to change theorist Ronald A. Heifetz, an adaptive change is a change instituted in response to an “adaptive challenge”—an organizational problem that has no known solutions. Part of your job as an adaptive leader is to prepare people for the change, and the first step to this is to make sure that everyone has an accurate understanding of what the challenge entails and what change is about to come. In this article, we’ll look

The Confidence Gap: Why Men Have More Self-Esteem

The Confidence Gap: Why Men Have More Self-Esteem

Why do women tend to be less confident than men? Can the confidence gap between genders be explained by genetic differences between males and females? While there are no genetic differences between men and women—the confidence-related gene variants are evenly distributed between genders—the sexes do have physiological differences in their brains, think in different ways, and have different amounts of relevant hormones. Some of these differences may explain the confidence gap between men and women. Here is what neuroscience has to say about the confidence gap between men and women.

Is Confidence Genetic?—Yes, to an Extent

Is Confidence Genetic?—Yes, to an Extent

Is confidence genetic? And if so, how much do genes contribute to one’s sense of self-confidence? It’s scientifically accepted that the big five personality traits—agreeableness, neuroticism, conscientiousness, extroversion, and openness are responsible for around 50% of our personalities. Confidence and optimism are related to these traits, and scientists estimate that 25-50% of our confidence comes from our genes. Here is what science has to say about the role of genetics in confidence.

The Role of Extrinsic Rewards in Motivation

The Role of Extrinsic Rewards in Motivation

What role do rewards play in motivation? Have you ever done something purely for fun, then started getting paid for it? How did getting paid change how you felt about the work, and how motivated you were? According to Daniel H. Pink, the author of Drive, rewards—specifically, extrinsic rewards—are only effective when the job is low-skill, routine and, monotone. However, when the job requires creativity and intelligence, extrinsic rewards actually diminish motivation and performance. In this article, you’ll learn about the psychology behind rewards and motivation. Specifically, we’ll discuss why extrinsic rewards are ineffective in motivating performance in the long-term.

How to Stay True to Your Organizational Purpose

How to Find Your Major Definite Purpose in Life

What is organizational purpose? Do you feel like you often lose sight of your purpose as change gets in the way? Organizational purpose is the grand vision of an organization that pulls its different functions together. Although most businesses will have a purpose, many struggle to stay true to it as circumstances get in the way. There are five techniques to stay true to your and your organization’s orienting purpose as you navigate change.