What can I find here?
Information to help me run my own business: MY ME, Inc.
Ideas to Own It and live my personal life by design and not by default.
Advice on how to prosper slowly but steadily.
Here are the latest Blog Entries
Got any habits?
Let’s talk about Habituation. Habituation is really just another trick that our inner con man plays on us: He makes us believe that wonderful things are especially wonderful the first time they happen, and that their wonderfulness wanes with repetition. “Psychologists call this effect habituation,…
Whatever you earn – live within your means
Now, that is a no-brainer! Others might even call this a “know-brainer”. Still, I know from personal experience that this principle is not easy to apply; nevertheless, it is worth your utmost attention as it is the key to growing your savings. People are always talking about character,…
Can you afford to give the stock market a miss?
Your answer might be a clear “Yes,” in case you have loads of money and zero concerns about it—EVER—being depleted. Congratulations! But in all other cases, I would recommend that you get yourself informed about how money (in general) and the stock market (in particular) work.…
Sharks or Hippos? or the Attentional Bias
Which animal kills more humans per year? Sharks or Hippopotamuses? And the winner is … …the river horse, a.k.a. Hippopotamus, with a tally of 500 to 2,900 lives per year. These beauties weigh about 8,000 pounds each and are capable of darting at 18 miles…
Let me try and make myself even less popular with the female minority(*) of the human species
On the occasion of the upcoming “big day” that is almost entirely invented by florists and the bric-a-brac manufacturers of this world, I would like to share my humble thoughts about diamonds. Yes, that chemical compound, that metastable allotrope of carbon, that sparkling gem…
How to cure shortsightedness without a laser surgery
Are you a bit shortsighted? Well, I was. Do you suffer from Myopic Loss Aversion—when it comes to money? Myopic-what-aversion? Myopic Loss Aversion is the tendency to focus on avoiding short-term losses—even—at the expense of long-term gains. As a consequence in the investment field—and…
Could it be that you like home too much?
Let me share some thoughts about what we call Home Sweet Home, or what behavioural economists call Home Bias. Or what investors need to remember—to achieve a diversified portfolio. Have you heard of what investors in Sweden do ? Although all of…
The Relative-Dollar-Bias
I believe people sometimes need an accountant with a whip next to them. Wuh-PSSSH! Whapshhh! Although for some of you, that may sound like a great idea (“yeah, give it to me!”), my take is that the majority of you would be…
The ultimate most accurate Stock Market Forecast for 2015
At the beginning of each year, there are many pundits, experts, self-proclaimed gurus, and other 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 (and know for sure what’s…
Why lower management fees for your investments do matter and why many mutual fund companies should be out of business soon
The other day, a friend of mine was slightly amused after I bombarded him with reasons why he should always check management fees before selecting a Mutual Fund or (even better) an ETF. His words: “C’mon, what difference does a management fee…
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