Budgeting and Investing Decision Models

Budgeting and Investing Decision Models [WLO: 2] [CLOs 1, 3, 4, 6]

Prior to working on this discussion, read Chapters 9, 10, and 11 in The Dhandho Investor and review Matthew Confer’s TEDx video, Before You Decide: 3 Steps to Better Decision MakingLinks to an external site..

In your initial post,

• Identify a budget or investing decision in your life.
• Using Matthew Confer’s decision model from the TEDx video you watched and the budget or investing decision you identified,
  • Discuss one challenge to the constraints of the decision.
  • Describe what failure on this decision would look like.
  • Identify at least two key basic facts of the decision.
• Compare this decision model to another decision model provided in this course.
• Propose an alternative decision model for the decision you identified.
• Provide one additional resource related to this alternative decision model and cite it using APA StyleLinks to an external site..