Have you ever sold a stock too soon or passed up an opportunity that went on to experience explosive growth? I did. I bought Tesla stocks back in April 2013 at USD50. Fast ride up. Held them till June 2013…
𝗧𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝗽𝗲𝗼𝗽𝗹𝗲 𝗼𝘂𝘁 𝘁𝗵𝗲𝗿𝗲 𝘄𝗵𝗼 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗯𝗲 𝗿𝗶𝗰𝗵 – 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝘁𝗵𝗲 𝗿𝗶𝘀𝗸, 𝘁𝗵𝗲 𝘀𝗮𝗰𝗿𝗶𝗳𝗶𝗰𝗲, 𝗼𝗿 𝘁𝗵𝗲 𝗱𝗲𝗹𝗮𝘆𝗲𝗱 𝗴𝗿𝗮𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗻𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝘁𝗼 𝗮𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗲 𝘀𝘂𝗰𝗵 𝘄𝗲𝗮𝗹𝘁𝗵.
According to economists, we should all be cold, clear-eyed spenders who always choose what would benefit us the most economically. In their economists’ world, we are all as emotionless, passionless, and predictable as the Vulcan Mr. Spock in Star Trek, since we are supposedly…
After the recent days of heightened market volatility I was curious to check out how the S&P 500 component stocks have faired over the last 12 months: Hmm, looks to me as if the bull market is mainly hinged on those…
My apologies, in case I puzzled you, but we do love our acronyms here in Singapore. I have mentioned the PFC previously under the “Framing Bias” but to expound further, the PFC is your Prefrontal Cortex; a brain region that lies…
Do you use Alipay, payWave, Apple Pay, Google Pay, Samsung Pay or boring NETS or even Credit Cards to part with your money? Then for you making payments might hurt less than it should. The pain of paying may be the…
Would you have a few minutes for some slightly deeper thoughts? Do you trust your memory? Your memories are unreliable and often flat-out wrong, especially when it comes to remembering how you felt at a certain time or place.…
To what? – you might ask. To whatever you are somewhat interested in. We are masters in paying zero attention to what we are not interested in. All thanks to our inborn or learned biases. Regular readers of Tacomob are…
1) How to succeed? The education system you just went through has planted some seeds into you. Now it is up to you—and only you—to make them grow. Go the extra mile, and see how good you can be at…
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…