Now is a good time to reflect on the topsy-turvy economy of 2011. You may want to forget the past year if your portfolio declined or you lost your job. But you can benefit long term by learning valuable financial lessons from the year that’s ending.
I don’t know which would be worse: finding out my wife had cheated on me sexually or deceived me financially. I’ve had a taste of the latter in my two failed marriages, and it’s devastating. Financial infidelity destroys trust as much as sexual infidelity.