How Kahneman’s and Tversky’s Noble Prize Winning Prospect Theory can Improve Your Finances

April 13, 2011

I finally did it! A few weeks back, in a post about the behavior trap of Mental Accounting, I mentioned that my Grandpa passed on a few shares of stock to me. When the stock was given to me, it was worth around $30 a share. I sold it on 4/7/2011 for $3.04. It hurts [...]

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How Much House Can I Afford Based on My Income? | Two Financial Rules of Thumb for Buying a House

April 11, 2011

How much house can I afford based on my income? I’m leading with this question because the amount you spend on your home, is one of the biggest financial decisions you’ll ever make. The purpose of this post is to look at two financial rules of thumb for buying a home that can protect you [...]

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Weekend Reading – Problems in Google Reader?

April 9, 2011

If you’re reading this through a feedreader such as Google Reader, can you click through and comment on this post if you’ve had any problems with this feed over the past week? A couple people have contacted me about different problems, (showing old posts as new, old posts showing new content, double footers) but since [...]

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Targeted Retirement Funds | Can Investing Really be this Easy?

April 8, 2011

You open your 401(k) packet, to find a targeted retirement fund, among the selection of mutual funds. Amazingly, this fund with a target date of 2050, matches perfectly with your investment horizon. You go to the fund’s website to find this target fund advertises itself like one stop shop for investing. The way the mutual [...]

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27 Ways to apply to 80/20 Rule to Earn More and Spend less

April 6, 2011

  The 80/20 Principle is a simple law that says, 80% of the results come from 20% of the effort. In other words, 80% of your time is wasted on achieving only 20% of the results. In other other words, we waste a lot of our time doing busy work to avoid what really matters. [...]

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