We don’t like to lose things that we own. We tend to become extremely attracted to objects in our possession, and feel anxious to give them up. Ironically, the more we have, the more vulnerable we are ...
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Protecting your money beats chasing returns, here's why
Most people are taught to hunt for the highest possible return, yet the real determinant of long term wealth is how well you ...
Many high earners delay retirement despite having sufficient wealth due to identity attachment and loss aversion. The poster saved twice his retirement target by 55 but delayed to 57 chasing $6M more.
We don’t like to lose things that we own. We tend to become extremely attracted to objects in our possession, and feel anxious to give them up. Ironically, the more we have, the more vulnerable we are ...
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