October 2024: Market Update. It’s been quite a turbulent time in the market. I haven’t provided a market update in a while, so I’d like to share my observations and interests. Are we in a🐂 Bull or 🐻 Bear Market? GOLD GOLD GOLD is the talk of the markets. It is challenging for an investor… Continue reading
The false choices fallacy, also known as the false dichotomy or either/or fallacy, occurs when only two options are presented as the sole possibilities, despite the existence of other viable alternatives. This fallacy misrepresents the issue by oversimplifying the choice, often by excluding middle ground or alternative solutions. Many of us tend to view a… Continue reading
Sunk Cost Bias (Fallacy) is a real and damaging phenomenon that we are often unaware of. It is our tendency to continue investing in something, whether it’s money, effort, or time, even when the costs outweigh the benefits. This behavior is associated with “Commitment Bias,” where we stick to our past decisions despite evidence suggesting… Continue reading
The Indian stock market has seen significant growth over the past decade. Even after the challenges posed by COVID-19 in 2022, the equity markets have continued to rise. For instance, investments in Indian mid-cap mutual funds have been yielding over 20% in annual returns, consistently outperforming the index. However, it’s important to note that there… Continue reading
At the top of every investor’s list should be DYOR, short for “Do Your Own Research,” just like the scholar in the cover picture. Many say that avoiding losing money is the number one rule in investment, a quote often attributed to the legendary Warren Buffet. However, it isn’t exactly a rule because sometimes it… Continue reading
As a frequent global traveler, I use WISE PLC every day. I am always on the lookout for the best ways to travel, spend, and convert various currencies to ensure that I get the best rates. Creating Wealth is not just about investing intelligently, it is also about spending intelligently and maximizing healthy financial habits…. Continue reading
Investors and entrepreneurs, everywhere, sometimes to be successful, it’s all about being in the right environment. Just like farming, to reap an abundant harvest, the environment and conditions must all be right. We are taught to hustle, grind, and push through, but sometimes that is not the answer or the best path. It’s hard to… Continue reading
I’ve heard a lot of hype about Vietnam. It’s one of the fastest growing economies in Southeast Asia and one of the best emerging countries in the world. So, like anything, I went to go and check it out and see it for myself. I spent two months with my family traveling the country. One… Continue reading
👑 Penelope was the Queen of Saying NO. She was the wife of Odysseus, the Queen of Ithaca, and the daughter of Spartan king Icarious and Asterodia. Penelope is depicted in the cover image rejecting a man who has come bearing flowers. Despite more than a hundred attempts to lure her, Queen Penelope was known… Continue reading
💥 Market Crash Monday…is this a temporary pullback? It’s been quite a chaotic August after the recent minor market crash. Investors are in for a rollercoaster ride. Global markets are still unstable after a significant sell-off on Monday, which also affected the cryptocurrency markets, with Bitcoin dropping by 16.50% and Ethereum by 24.19% at one… Continue reading
