Month: September 2025
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We’re all guilty of Resulting
Imagine your parents betting their life savings on Red at the roulette table. They win and instantly double their life savings. Is that a good decision? Resulting, a.k.a outcome bias Nobody thinks that betting your life savings in the casino is a great decision. This is despite the fact that the outcome was good. This…
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Hours, not dollars
Don’t look at the price tag. Look at lifespan instead. There are things in life that we use for a few hours. There are things in life that we use for a few months. There are things in life that we use for years. How to value your purchases in hours How many hours do…
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What’s in my Portfolio?
What I do: Keep reading for the answer! Don’t copy this portfolio as it is matched to my personal beliefs, convictions, and situation! Portfolio allocation Why did I choose this portfolio allocation? A portfolio must match your willingness, ability, and need to take risk. I have a high willingness, ability, and need to take risk.…
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Debt is okay, sometimes
What I do: Like many Singaporeans, I have a housing loan. You borrow money, you pay it back later, with interest. That is debt. People hate it. “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” Ogden Nash Good and Bad Debt There is good…