You can’t afford to give the stock market a miss. Start now to have enough later!
Gambler’s fallacy is a term we often hear. What is it exactly and how does it affect what you do with your money? It is the belief that future events will be shaped by past events, even when the two…
This post has nothing to do with Brexit, UK’s ego, or the unfairness in life that the older generation always decides on things the younger generation has to live with. But then, maybe it does … Let’s visit another continent…
At the end of part 1 of this blog post we parted with the open question: How were most of these investment legends able to be wrong more often than they were right and still make incredible profits? To analyze…
Oops, did you click this post by accident? Or did you conscientiously click it because you do consider yourself a “serious investor” – I mean – serious investor (no irony intended)? I do apologize if my header created any sense…
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.”…
I don’t know. The human refusal to say “I don’t know” has huge consequences, for example, not getting good returns from your investments in the stock market, because there is a strong correlation between knowledge and humility. As such, the best investors are…
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…
We all have a preferential set of intuitions, feelings, and ideas. Less poetically characterized by the term “bias”. These little quirks in our thinking pose a challenge to our ability to weigh evidence accurately to arrive at truth. Bias is…
I caught myself again yesterday. I was having coffee with an ex-colleague of mine. Back from the phase in my life when I was doing my ‘corporate duty’. I do like to occasionally check in with my ex-colleagues to see…
The other day I was reminiscing about two epiphanies that influenced my choices in life. So back in those days I wanted to be independent. And I figured the best means to independence is money. Not for the sake of…