Ponder-worthy stuff I read last week
The best way to talk to people about money … is keeping the phrases, “What do you want to do?” or “Whatever works for you,” loaded and ready to fire. You can explain to other people the history of what…
Category: What Works Great life lessons from people who have “been there, done that” long before you.
Weakness of willpower
Why do we consciously do things which we genuinely know are not beneficial to us? A non-financial example includes smoking cigarettes (we know we shouldn’t, but many do anyway), while a financial example includes not living within our means, or saving up for a…
Have you ever been wrong?
If your answer is yes, you are an honest chap. If your answer is no, either you are lying to yourself or your name must be Nobody (“Nobody is perfect”). Or you are a candidate running for president—the best any country ever had. I would…
I am so skillful, I am the greatest
An interesting week we are going through right now. The stock markets are finally providing a bit more entertainment value. Giving us a good test on another (nasty) bias that makes us do dumb things with our money: Illusion of skills. All…
Profound Question
I had lunch with an ex-colleague from my corporate-duty-days yesterday. She asked me how was it possible (sic!) to achieve financial freedom by the age of 44? Hmm, that made me think. I was not able to come up with…
Working to Live or Living to Work?
How was your weekend? Was it full of memorable moments? How many days of annual leave do you have left carried over from 2017? What kind of experiences are you going to exchange them for? Need some encouragement? Have a…
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…
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…
You’ve got a minute …?
Even if you do, it would be better if you do not (ever) admit to having any “spare time” as our culture still revolves around one’s ability to stay focused for hours or days on end and being busy—all the time. Because, unlike most addictions, workaholism is…
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…
Great life lessons from people who have “been there, done that” long before you.
Weakness of willpower
Why do we consciously do things which we genuinely know are not beneficial to us? A non-financial example includes smoking cigarettes (we know we shouldn’t, but many do anyway), while a financial example includes not living within our means, or saving up for a…
Have you ever been wrong?
If your answer is yes, you are an honest chap. If your answer is no, either you are lying to yourself or your name must be Nobody (“Nobody is perfect”). Or you are a candidate running for president—the best any country ever had. I would…
I am so skillful, I am the greatest
An interesting week we are going through right now. The stock markets are finally providing a bit more entertainment value. Giving us a good test on another (nasty) bias that makes us do dumb things with our money: Illusion of skills. All…
Profound Question
I had lunch with an ex-colleague from my corporate-duty-days yesterday. She asked me how was it possible (sic!) to achieve financial freedom by the age of 44? Hmm, that made me think. I was not able to come up with…
Working to Live or Living to Work?
How was your weekend? Was it full of memorable moments? How many days of annual leave do you have left carried over from 2017? What kind of experiences are you going to exchange them for? Need some encouragement? Have a…
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…
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…
You’ve got a minute …?
Even if you do, it would be better if you do not (ever) admit to having any “spare time” as our culture still revolves around one’s ability to stay focused for hours or days on end and being busy—all the time. Because, unlike most addictions, workaholism is…
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…