A Rich Life

The Old Ideas on Saving & Investing Don\’t Work — Here’s What Does

Podcast #30 — Fear and Greed and Hope and Love

Published in November 14th, 2008

Posted by Rob in Investor Psychology, Podcasts, Rational Investing

I’ve added Podcast #30 to the “RobCasts” section of the site. This one is called Fear and Greed and Hope and Love.
It takes a positive emotion to overcome a negative emotion.

Podcast #23 — Stock Panic!!!

Published in October 27th, 2008

Posted by Rob in Bear Markets, Investor Psychology, Podcasts

2 Comments

I’ve added Podcast #23 to the “RobCasts” section of the site. This one is called Stock Panic!!!
First they tell you to do nothing when prices go to crazy dangerous levels. Then they say not to panic when you suffer the inevitable wipe-out. Huh?

Podcast #22 — Are You Woman Enough
for Rational Investing?

Published in October 24th, 2008

Posted by Rob in Investor Psychology, Podcasts, Rational Investing

1 Comment

I’ve added Podcast #22 to the “RobCasts” section of the site. This one is called Are You Woman Enough for Rational Investing?
What is this about? I’ve never heard of anything like this before. I don’t understand.

Podcast #20 — Surviving the Stock Crash

Published in October 17th, 2008

Posted by Rob in Bear Markets, Investor Psychology, Podcasts

2 Comments

I’ve added Podcast #20 to the “RobCasts” section of the site. This one is called Surviving the Stock Crash.
Everyone else is advising you not to panic — Well, Duh! We all know that panic is not good. We need to know what to do to avoid getting ourselves in circumstances in which panic is the [...]

Should You Resist Hunches Or Yield to Them?

Published in August 5th, 2008

Posted by Rob in Investing Strategy, Investor Psychology, Rational Investing

No Comments

Neither.
You should explore them. You should try to figure out where they are coming from, what they mean.
Hunches are not the product of logic. In that sense they are irrational.
But some hunches represent a sort of super-logic. There are circumstances in which a hunch can permit you to jump over the limits of pseudo-logic to [...]

“I Have Much More Confidence in My Ability
to Understand What Is Happening”

Published in June 27th, 2008

Posted by Rob in Bear Markets, Investor Psychology, M-Class Millionaires, Rational Investing

2 Comments

I’ve added Elizabeth’s story to the Middle-Class Millionaires section of the site.
Juicy Excerpt: I woke up around DJI 13200, realized I had a lot to learn and had better learn it fast, and found this site. I now have cash sitting in MMFs that has not disappeared out of my retirement funds. I [...]

Please Do Not Feel That You Must Read This Blog Entry

Published in June 25th, 2008

Posted by Rob in Discussion Boards, Goons, Investor Psychology

3 Comments

Intimidation undermines science.
Intimidation interferes with the reasoning process.
Intimidation causes confusion.
Intimidation turns friend against friend.
Intimidation biases research.
Intimidation can trump logic for a time.
Intimidation causes worry about the long term because intimidation cannot trump logic indefinitely.
The use of intimidation reveals the weakness of an argument.
Intimidation is bad manners.
The desire to make use of intimidation comes from [...]

The Author of the Bogleheads Wiki
Statement on SWRs Speaks Out

Published in June 12th, 2008

Posted by Rob in Investor Psychology, SWRs

20 Comments

A fellow going by the name “SWR Lover” has posted a comment to Tuesday’s blog entry on the Bogleheads wiki statement on safe withdrawal rates (SWRs), saying that he is the author. We of course do not know this for certain to be so. I find it believable. The group that controls what goes into [...]

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