To sell or not to sell, that is the question. Whether tis nobler in the mind to sell your losers and gain some tax advantages or suffer the sling and arrows and hope for a rebound in the new year. Lost in Semi-Crypto Let me tell you, I feel the pain of loss aversion and … More Taking Stock of Your Stocks at EOY
We know the saying about dating. “Don’t fishing from the company pond,” which means don’t date anyone from the company you are working for because if the relationship does not work out, you will see that person every day, which would be awkward. Funny that the same is true for investing more money in the … More Don’t Invest in the Company Pond
The sunk cost effect considers past non-recoverable costs, time, or resources in deciding the future. In other words, whatever effort, money, or time you have put into an investment does not matter when looking at the investment in the present and predicting the future. The sunk cost effect varies by the cost or effort put … More Don’t Let Sunk Costs Sink Your Finances
Behavioral Investing and Finance 