Or maybe we actually do know it and just fail in doing what we know we should do. To know and not to do is really not to know yet. Some timeless advice I’ve heard from the age-experienced over the years:…
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
I ended my previous post with the question “How will you measure your life?” Another way to put it would be to ask “How do U define your success?” Do you have a vivid picture in your mind what success…
Everyone wants to be wealthy. The problem I see more often than any other is that the majority of normal investors skip the first step in the process of wealth building completely. People want to know what to invest in…
Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…
Now the profound simplicity of what I want to share today will elicit in some people yawning boredom and in others “Aha!” eureka moments. Yet whether you yawn or go Yippee! it all depends on the meanings you construct. And…
Thank you, dear readers, for reading my blog-posts and for letting me know what you like and dislike about them (for example, too long, too wordy). I hear you; thus, this post is succinct in answering: Why we save so little? Why evolution is to blame for our stock losses? Why…
Five years ago, I was rather unhappy with my day job. Social psychologists would have diagnosed me as being disengaged. My growing disengagement resulted in me quitting. Don’t get me wrong. I am not complaining. Quitting and retiring from my…
It happened again. I had lunch with an ex-colleague back from that phase in my life when I served my corporate duties and built up the foundation of my finances. TACOMOB: “How are you?” CORPORATE WARRIOR (CW): “Busy.” TACOMOB: “Busy with…
We tend to associate more importance to recent events than we do to less recent ones. The more vivid our memory of something which occurred in the past is, the more “available” that event will be in our mind and the more…