Thumbs up for simple rules of thumb. Source: Carlos Pereyra/Pixabay Have you ever wasted precious energy on making minor decisions? If you're anything like me, you’ll find long periods of debate ...

Some financial advisors can be rather critical when it comes to financial planning rules of thumb, or heuristics that provide general guidance to households about how to invest, save or potentially ...

People often use simple mental shortcuts, also called heuristics or rules of thumb, when they make everyday decisions. And while the behavioral sciences tend to focus on how these shortcuts can ...

Almost everyone uses heuristic techniques. We use them every day in many ways, often without even thinking about them. Unfortunately, the ways many people use them in their finances diminishes their ...

Investors have recently been flocking to “safe-haven” investments like U.S. treasury bonds, gold and other commodities. These assets tend to stay valuable in uncertain times. At times of geopolitical ...

Emergency department physicians who saw patients with a pulmonary embolism - a blood clot in the lung - were about 15% likelier over the next 10 days to test subsequent patients for the same thing.