Edge
Are you a stock picker? May I ask why? What makes you think that you can outsmart full-day traders and the professionals? What is your edge over them? You might no longer have an edge in calculating ratios or analysing…
Category: Junior Investor You can’t afford to give the stock market a miss. Start now to have enough later!
Here we go again and I was right – again
Don’t waste your time reading all those stock market forecasts! Unless it is for pure entertainment. At the beginning of each year, there are many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting…
Do you need a financial advisor?
No, not really. Finance is a simple industry made to look and sound complicated to justify fees. Just one example, active managers love to confuse us by using Greek words. Like – alpha – to describe what other industries call…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
You and I, we are both just average
“Whoa, wait a minute,” I can hear you protesting, “Dude, what are you saying? No way! That might apply to you, but definitely not to me. I am special!” Face it, my friend, you’re nothing special, because the mediocrity principle simply states so. The universe…
My 10 Golden Rules: If I were 22, I’d wish that someone would have taught me
1) How to succeed? The education system you just went through has planted some seeds into you. Now it is up to you—and only you—to make them grow. Go the extra mile, and see how good you can be at…
Herd Behavior or Herding or Lazy Thinking
Mostly, our herd conformity is a good thing and it’s one of the reasons that societies are able to function (legal system, driving, etc). Nevertheless, watch out for what you step into when you follow the herd. Herd behavior occurs when investors follow the…
Use your money to buy happiness
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
Do you know where you are going?
Everyone wants to be wealthy. The problem I see more often than any other is that the majority of normal investors skip the first step in the process of wealth building completely. People want to know what to invest in…
Survivorship Bias
Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…
You can’t afford to give the stock market a miss. Start now to have enough later!
Here we go again and I was right – again
Don’t waste your time reading all those stock market forecasts! Unless it is for pure entertainment. At the beginning of each year, there are many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting…
Do you need a financial advisor?
No, not really. Finance is a simple industry made to look and sound complicated to justify fees. Just one example, active managers love to confuse us by using Greek words. Like – alpha – to describe what other industries call…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
You and I, we are both just average
“Whoa, wait a minute,” I can hear you protesting, “Dude, what are you saying? No way! That might apply to you, but definitely not to me. I am special!” Face it, my friend, you’re nothing special, because the mediocrity principle simply states so. The universe…
My 10 Golden Rules: If I were 22, I’d wish that someone would have taught me
1) How to succeed? The education system you just went through has planted some seeds into you. Now it is up to you—and only you—to make them grow. Go the extra mile, and see how good you can be at…
Herd Behavior or Herding or Lazy Thinking
Mostly, our herd conformity is a good thing and it’s one of the reasons that societies are able to function (legal system, driving, etc). Nevertheless, watch out for what you step into when you follow the herd. Herd behavior occurs when investors follow the…
Use your money to buy happiness
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
Do you know where you are going?
Everyone wants to be wealthy. The problem I see more often than any other is that the majority of normal investors skip the first step in the process of wealth building completely. People want to know what to invest in…
Survivorship Bias
Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…