by ccmrmyng | Jul 30, 2019 | Learning Module 4, Topic 7: Behavioral Finance
(This post continues the discussion from a previous post: https://ccmrm.org/mental-accounting/) This post addresses a different scenario. Instead of the dilemma created by that impulse credit card purchase, suppose you got an unexpected bonus or a tax refund. We tend... by ccmrmyng | Jul 15, 2019 | Learning Module 1, Topic 1 : Cash flow and Emergency funds
This post expands further on the conversation in the video about keeping money in different boxes, or buckets. Like us, many financial planners recommend that you have a) an emergency fund of upto 6 months of expenses; b) a school fund for your children; c) a savings... by ccmrmyng | Sep 15, 2018 | Dear old dad
Think long-term, buy-and-hold, is the prescription of many investment books and textbooks, what I do with portions of my personal portfolio, but it is not easy when sitting on outsize multi-year unrealized profits. As an example, supposed you purchased something a...