Strategies for success: narrow your investment choices, manage your mood, bet strong when others are weak. Obviously, it's a bit more complicated than that. Read on for the full explanation.

Put your money in a 401K and get a tax break now. Then, let the money accrue tax free and pay taxes later. Alternatively, switch that 401K to a Roth IRA this year, pay the taxes and let the money grow tax free and take it out tax free.

That happy feeling you get from entering the highest bid at an auction does not come from winning the item. Something else is at work and it tends to result in habitual overbidding.

Recent research suggests that collectibles such as wine, art, stamps, and watches can yield positive returns and also have low correlation with other asset classes.

Want a really good hedge fund manager that outperforms? Recent data suggests that your search need not be complicated - simply hire a woman.

Recently, novel and cost-effective financial assistance has become available to independent minded investors. Certain websites enable clients to create and maintain their own portfolios, use index tracking investments, and charge only a flat fee.

Does experience counterbalance deteriorating mental abilities? Recent research suggests not, a potentially explosive finding. However, the authors of this particular study offer some policy remedies to address age discriminatory practices that could result because of their work.

In order to make year-end reports look good, financial managers will often ditch bow-wow stocks or mutual funds, replacing them with "winners" at a high cost. Though the report looks sterling, the client should be seeing tin covered in silver.

It would be a fantasy fulfilled if a machine could really make money without the user going to prison. Dream on no longer. The future is here. Or, in a nod to transparency, it is almost here.

For those who are gambling that we will see inflation sooner rather than later, commodities are a reasonable bet. They will likely bring big profits for those who are simply willing to be patient, understanding that deflation continues to be a possibility.