Behavioral Finance

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The Smartest Step on the Road to Wealth

3 Aug 2025 4 minute read 2 comments Perfectionist25

The step I mentioned in the title isn't actually wealth, but wealth. However, in the perceptual chamber of our brains, the term "rich" is much more striking. For most of us, the two may be the same; while the terms "being rich" and "being wealthy" ar...

Three Psychological Effects to Avoid to Make You a Better Investor

25 Nov 2021 5 minute read 3 comments kev_nag

***INTRODUCTION*** If we find ourselves in a position where we have a solid trading plan in place and are still losing money, it is time to look inside ourselves and examine our own psychology to attempt to discover a solution. In dealing with our ow...

Differentiating Gambling from Investing

3 Nov 2021 5 minute read 1 comment kev_nag

INTRODUCTION It is very true that both gambling and investing involve choice and risk, specifically both activities involve the risk of a certain amount of capital with the future anticipation of a return of profit. But gambling over the long run yie...