Tag: investing
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A Victim of Sunk-Cost Fallacy
“Patience is a product of confidence and trust.” — Peter Kaufman The only ally for long-term investment is time. For an investment to grow over time, investors require patience. And to be patient, investors need to have confidence and trust the investment will grow over the long term. Malaysia Equity Market In my opinion, confidence…
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Where is my Ferrari?
I’m sure you have come across this Ferrari joke before. Do read it again and have a good laugh. This joke is all about cutting expenses and investing the money to purchase some valuable item in the future. The typical, standard boring guideline anyone from the finance industry will talk about. On face value, the…
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