Tag: stocks
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Chapter 38: Best Time To Buy Stocks
Best Time To Buy? When debating when to enter the stock market, there is no better time to buy than yesterday. Ken Fisher said “Time in the market beats timing the market”. Nobody can predict what’s going to happen next. Buying consistently ensures that you can average down to the best price for your picked…
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Chapter 36: Lazy Investing
A 3-fund portfolio consists of 3 allocations: a total market index, international market index, and a bond market index. It offers minimal effort, diversification, and long-term benefits for investors.
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Chapter 28: Fear Of Missing Out
What is FOMO? The fear of missing out, sometimes abbreviated and called FOMO is an irrational fear that sometimes makes you make rash decisions just because you don’t want to miss out. It’s fed by anxiety and wanting to have the best possible outcome. Limited time sales, buying stocks, placing bets, once in a lifetime…
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Chapter 13: Sunk Cost Fallacy
Have you ever heard of the Sunk Cost Fallacy? This psychological phenomenon is when you invest so much time or money, that you just refuse to abandon it or pull out. Even when you know that it’s better to abandon it. This applies to everything in your life, not just your investments. For example you…
Money Ain't Sh*t 