by Neil Parmar
Strangely enough, research says that when it comes to making smart financial decisions, the odds are actually stacked in midlifers'favor. Last year a study published in Brookings Papers on Economic Activity looked at how people make money-related mistakes throughout their lives. Its conclusion? The best decisions occur in middle age—peaking around 53—when experience lends financial wisdom but analytical abilities have not yet been impaired by advancing age.
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Createwealth8888:
Let someone started playing in the stock market when they were in their 30s and by the time when they are in their 50s they have came across a few Bull and Bear market cycles and will be more experiences in playing the stock market.
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