I know that I have been past my physical peak for a very LONG time, but at 55 I had not realized I had passed my financial-decision-making peak only 2 years ago.
Otherwise I might have had a party.
do-financial-decisions-get-better-with-age: Personal Finance News from Yahoo! Finance
I'm joking of course, as I know I am fitter and smarter than I've ever been
Otherwise I might have had a party.
do-financial-decisions-get-better-with-age: Personal Finance News from Yahoo! Finance
The silver lining is that as you age you become wiser and declining cognitive function, not age, is what eventually robs you of your financial decision making abilities. So what can you do to maintain, or perhaps even improve, your cognitive function? According to Dr. Jeffrey Toth, a psychology professor at the University of North Carolina at Wilmington and co-author of the study "Fluency, Familiarity, Aging, and the Illusion of Truth," there are a number of ways to maintain and possibly improve your cognitive function.
"Physical exercise, mental stimulation, diet, and social interaction can all help maintain your cognitive abilities," says Dr. Toth, "and of these four, physical exercise, especially aerobic exercise, appears to be the most important, with mental stimulation a close second, especially if that stimulation is truly novel and challenging."
I'm joking of course, as I know I am fitter and smarter than I've ever been