Extreme Discounting
It’s the time of the year again where we start out with a bag full of New Year’s Resolutions and than slowly … one by one … fail to execute them. Do you happen to have set the resolution to…
Tag: Money
Is it money that motivates you?
Are you motivated to work and to invest? By what exactly? Some say, “One single motivation model does not fit all, because everyone is different.“ I say, “Everyone is NOT different. At our core, we are wired the same way.…
Does Indecision Bias spoil it for you too?
I had a sobering meeting with a former colleague from work. We had not met for years. But I vividly remember him making a commitment at the end of our previous coffee chat in 2016 or was it 2017 that…
Why do you try to avoid pain so often?
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…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
Use your money to buy happiness
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…
Survivorship Bias
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…
Finally, a less wordy post about our biases
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…
Have you decided yet?
This post is for you. Yes, you, who sent me that e-mail yesterday asking me whether it would be a good timing to start investing in the stock market right now. I understood from your mail that you have not…
Familiarity Bias vs. Ambiguity Effect
Or otherwise known as reliance on old-fashioned financial institutions and outdated economic structures. Partly, it is due to habit; partly, because of our concerns about liquidity; and partly, because we think that it is always risky to experiment with new things where we might lack…
Is it money that motivates you?
Are you motivated to work and to invest? By what exactly? Some say, “One single motivation model does not fit all, because everyone is different.“ I say, “Everyone is NOT different. At our core, we are wired the same way.…
Does Indecision Bias spoil it for you too?
I had a sobering meeting with a former colleague from work. We had not met for years. But I vividly remember him making a commitment at the end of our previous coffee chat in 2016 or was it 2017 that…
Why do you try to avoid pain so often?
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…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
Use your money to buy happiness
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…
Survivorship Bias
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…
Finally, a less wordy post about our biases
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…
Have you decided yet?
This post is for you. Yes, you, who sent me that e-mail yesterday asking me whether it would be a good timing to start investing in the stock market right now. I understood from your mail that you have not…
Familiarity Bias vs. Ambiguity Effect
Or otherwise known as reliance on old-fashioned financial institutions and outdated economic structures. Partly, it is due to habit; partly, because of our concerns about liquidity; and partly, because we think that it is always risky to experiment with new things where we might lack…