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Tag Archives: behavioural finance
Where is the money you “saved” on Tuesday?
We as South Africans are fond of going out of our way to do things in the spirit of “saving” on expenses. On Tuesday evening, the petrol price went up by 93c per liter – apparently the single biggest price … Continue reading
Beware of your own overconfidence when investing
Investing has become a very popular passtime. Stockbrokers have made it ridiculously easy for someone to sign up for a brokerage account and start trading immediately. More often than not, everybody has had the experience of doing their research, picking … Continue reading
How to take advantage of your own laziness
We are all naturally lazy. Even if we are excited or energetic about something, we revert to laziness once the thrill has worn off. This is the principle behind the behavioural finance concept of “Status Quo bias”. Advertisers and Marketers … Continue reading
Sunk cost and flogging a dead chicken
Have you ever been stuck in a position of continuing with something, even though it may not be the best course of action anymore? Often, if you were to make the decision today, you would do something completely different. This … Continue reading
Never look at Facebook when you are feeling depressed
I think that Facebook friends are the new Joneses. We used to look up and down the street and see everybody flaunting their possessions. Now, our friends are sitting in beautiful destinations around the globe, enjoying the good life and … Continue reading
To Automate or not to Automate: That is the question…
There has always been a debate on whether it is better to automate your finances or not in personal finance. Today I will explore the theory behind automation and what I have found to work best for me. The argument … Continue reading
How do you eat an elephant? One bite at a time…
Today I will be discussing the principle of “keeping on, keeping on” and how it applies in the realm of personal finance, specifically debt. We all know that some goals require one big push to get them completed, while others … Continue reading
Beware the Ides of …. Margin!
If William Shakespeare were looking at his brokerage account in 2009, I am utterly convinced that he would have changed the iconic line: “Beware the Ides of March” in his play “Julius Caesar”! Today I will discuss how trading on … Continue reading
Posted in Invest, Plan
Tagged behavioural finance, investor psychology, Margin, Margin account
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