For Financial Decisions, Knowing Beats Guessing

For financial decisions, knowing beats guessing

“I’d rather be vaguely right than precisely wrong.” — Keynes

You’re considering a mortgage refi that will free up 100 bucks a month. You are in the process of purchasing some life insurance (finally) and wonder how much to buy. After all, you don’t want to be worth more dead than alive (a common and annoying…