Great life lessons from people who have “been there, done that” long before you.
Enoughism* You have to find, define and fix your personal level of ENOUGH. Where you possess everything you need, and buying more would actually make you worse off. In my most recent post I have brought up the crucial question:…
Recently I spotted this ad in a German newspaper (I took the liberty to translate the few German words): It reminded me of my Water-ETF which I bought about one year ago. So I checked it out: 13.4% up. Ok,…
The other day some friends asked me what Tacomob actually means and stands for. As this is a FAQ I often encounter, let me share my thoughts here: In one sentence, I prefer to Tacomob instead of mentally doing other’s…
A few weeks ago and before my long vacation to Europe I published one post about the stuff I read online. I decided to keep this up on irregular intervals. So since a few days I am back in Singapore…
Reading is not too bad an investment of time. In a short period of time I get to absorb what took someone else years to accumulate, understand, distill, and refine. There could be so much to learn from what I…
In my previous post I shared a few thoughts on probabilities and statistics. I wrote about disregarding probabilities in decision making, ignoring small probabilities and not over-weighting small probabilities. A tough act to follow. I am totally guilty of failing…
The GSS – the Great Singapore Sale is upon us again. And I am not talking about the Singapore stock market here. It’s an opportune time to remind ourselves of that one emotion that is the cause of the lack…
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.”…