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
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…
The Happiness Hypothesis by Jonathan Haidt (2006)
Executive Summary: Haidt poses several “Great Ideas” on happiness espoused by thinkers of the past—Plato, Buddha, Jesus, and others—and examines them in the light of contemporary psychological research, extracting from them any lessons that still apply to our modern lives. …
My Background Story
52 years old, three teenage kids, one wife, home since 1997: Singapore After completing my A-levels in Germany, I started on the traditional path in acquiring some skills to earn money. I did an Industrial Apprenticeship with Siemens. Then worked, and…
There are “debt-free” people among us – how do they do it?
1) They say no to smaller expenses which can add up to big savings. For example, replace an expensive dinner in a fancy restaurant with a potluck dinner with friends, or meet up with friends for a walk in the park instead…
Market Sense and Nonsense by Jack D. Schwager – Executive Summary & Key Messages
Schwager takes aim at the most perniciously pervasive academic precepts, money management canards, market myths, and investor errors. Like so many ducks in a shooting gallery, Schwager picks them off, one at a time, revealing the truth about many of…
How we know what isn’t so by Thomas Gilovich – Executive Summary & Key Messages
The tendency to find order to ambiguous stimuli is built into the cognitive machinery we use to understand the world. That predisposition to impose order can be so automatic and so unchecked that we often end up believing in the…
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