I remember the angst I was having deciding how, when and what to invest money in. Using spreadsheets and back tested modeling the decision became more and more complicated. Should I choose fund A or fund B. Quickly I wrote down the pros and cons - the intangibles. Still no clarity. What's a person to do? Wait for more clarity? more information? more facts?
A wise financial planner once told me: " If you can't make a full decision ..... make a half of a decision".
A Psychological Tip
Whenever you are called upon to make up your mind
And you are
hampered by not having any,
The best way to solve the dilemma,
Is simply by spinning a penny.
No--not so that chance shall decide the affair
passively standing there moping
But the moment the penny is up in
You suddenly know what you're hoping. "Peoples Almanac"