One investing lesson I was fortunate enough to learn early on was how to swallow your pride, and take a loss from your investments. Though it can be a tough pill to swallow in the short-term, the benefits (capital appreciation) in the long run generally will greatly outweigh any short-term losses suffered—if you can takeContinue reading “Cognitive Bias and Recouping Losses in Investing: Cutting Your Loses and Letting Your Winners Run”
Tag Archives: personal finance
The Dangers of Thriftiness and the Slippery Slope of Attachment
For a long time, I had prided myself on my thriftiness. If you’re familiar with the blog, you probably have come across a post or passage somewhere that is specifically about or at least mentions frugality, finding value or supporting independent business. Up until recently, I thought my tendency towards penny-pinching was to the benefitContinue reading “The Dangers of Thriftiness and the Slippery Slope of Attachment”
Conscious Consumption 