Predictions of Uncertainty

predicitionIt is difficult to make predictions, especially about the future – Yogi Berra.

Each year there are predictions about the following year. This is easy to do because few go back to check what someone said. Did someone get it right? Wow! – you might think. But wait … who is consistent? No body is consistent when it comes to predicting.

Moral of the story: Learn to manage life embracing uncertainty because uncertainty is life. A prudent plan includes both when times are good and when times are not as good.

More blogs on prediction addition and how to manage without them.

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About Larry Frank, Sr.

Larry R Frank Sr., MBA, CFP®, is an experienced financial advisor and a published author on Retirement Planning Research. Have a financial question? Click Here to Ask Larry

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3 Responses to Predictions of Uncertainty

  1. Larry Frank, Sr. November 13, 2014 at 12:45 pm #

    There is no modern day Nostradamus – especially for the markets!

    http://advisorinsightsblog.com/2014/11/05/there-is-no-modern-day-nostradamus/

  2. Larry Frank, Sr. December 17, 2014 at 3:36 pm #

    Market forecasters no better than flipping a coin research finds:

    http://advisorinsightsblog.com/2014/12/17/follow-a-forecaster-or-flip-a-coin/

  3. Larry Frank, Sr. May 21, 2015 at 4:04 pm #

    AdviceIQ with a great short article: “The Predictions Racket”
    http://adviceiq.com/content/predictions-racket

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