Have you decided yet?
This post is for you. Yes, you, who sent me that e-mail yesterday asking me whether it would be a good timing to start investing in the stock market right now. I understood from your mail that you have not…
Tag: savings
A trip to Lake Wobegone
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Can you afford to ignore the long-term importance of money?
“Oh, money, I’m actually not interested in money.” So many people say that. Yet they’ll work at a job for eight hours or more (that they don’t even like) just to be able to buy stuff to impress their neighbours, the Tans and Lees (who they don’t really like…
Back to some basics: Good Debts vs Bad Debts
I believe in growing our wealth defense is often more effective than offense. And a good defensive approach would be not to get too deeply indebted (money or otherwise). Some people say—follow the Golden Rule—”Don’t get into debt at all.”…
Greed or need?
A few days back I wrote about “Am I saving enough?” Thank you for all your comments. I am just afraid that those people with their benchmark savings ratios are not really representative of the regular guys. Could it be…
Why ETFs are a good tool to slaughter some of our biases
Being biased brings with it that we don’t think like we think we think. We make illogical decisions. Passive index fund investing via a Regular Savings Plan or Dollar-Cost-Averaging is logically right, right? But emotionally and in terms of common…
New year, new start, same old, but still the most accurate stock market forecast for 2016
At the beginning of each year, there’re many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting the directions of the Stock Markets. As I personally have ample years of experience in the Stock Markets…
Another competitive edge of introverts
Do you know what is the central element of good decision-making? It is actually one’s ability to manage delay. Yes, our ability to think about delay is a central part of the human condition and it’s a gift, a tool that we can—and should—use to examine…
1 Mwh of sunshine
“A day without sunshine is like, you know, night.” — Steve Martin I personally prefer sunshine (though perhaps with less heat here in Singapore), because, since early August this year, we are the proud owners of a Solar or Photovoltaic (PV) System at our…
Others are just like me
We have the tendency to overestimate the degree to which others agree with us; therein making this—tendency—just another of those predictable patterns of thought and behavior that lead us to draw incorrect conclusions. Psychologists call this the False Consensus Bias. Let me ask you: “Is agreeing…
A trip to Lake Wobegone
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Can you afford to ignore the long-term importance of money?
“Oh, money, I’m actually not interested in money.” So many people say that. Yet they’ll work at a job for eight hours or more (that they don’t even like) just to be able to buy stuff to impress their neighbours, the Tans and Lees (who they don’t really like…
Back to some basics: Good Debts vs Bad Debts
I believe in growing our wealth defense is often more effective than offense. And a good defensive approach would be not to get too deeply indebted (money or otherwise). Some people say—follow the Golden Rule—”Don’t get into debt at all.”…
Greed or need?
A few days back I wrote about “Am I saving enough?” Thank you for all your comments. I am just afraid that those people with their benchmark savings ratios are not really representative of the regular guys. Could it be…
Why ETFs are a good tool to slaughter some of our biases
Being biased brings with it that we don’t think like we think we think. We make illogical decisions. Passive index fund investing via a Regular Savings Plan or Dollar-Cost-Averaging is logically right, right? But emotionally and in terms of common…
New year, new start, same old, but still the most accurate stock market forecast for 2016
At the beginning of each year, there’re many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting the directions of the Stock Markets. As I personally have ample years of experience in the Stock Markets…
Another competitive edge of introverts
Do you know what is the central element of good decision-making? It is actually one’s ability to manage delay. Yes, our ability to think about delay is a central part of the human condition and it’s a gift, a tool that we can—and should—use to examine…
1 Mwh of sunshine
“A day without sunshine is like, you know, night.” — Steve Martin I personally prefer sunshine (though perhaps with less heat here in Singapore), because, since early August this year, we are the proud owners of a Solar or Photovoltaic (PV) System at our…
Others are just like me
We have the tendency to overestimate the degree to which others agree with us; therein making this—tendency—just another of those predictable patterns of thought and behavior that lead us to draw incorrect conclusions. Psychologists call this the False Consensus Bias. Let me ask you: “Is agreeing…