Save Like A Pessimist

Cheating or taking shortcuts leads to financial mistakes. Money can work hard by itself to generate more money, provided it is not forced to do it faster than required.

One has to embrace the inherent flaws and work towards investing by taking into account the various financial mi...

While a few universal laws do exist, there are as many right answers as there are people in this world.

One cannot compare with everyone’s unique situations and personalities and make investment rules that they think would work for all.

The risk of unpleasant things happening is always there for everyone, and though it seems that job loss, divorce, financial fraud etc. only happens to other people, no one is exempt from these things, given enough time.

When purchasing a new flashy phone or car, we tend to overestimate its social benefits and think that we would be admired.

Most people who notice the nice stuff are imagining it having themselves, not giving you any importance because you own it. Buy stuff for yourself, no...

The world is always in flux. One has to be patient and even stubborn in the right proportions instead of strictly adhering to some investment strategy that may be obsolete in this rapidly evolving world.

Any investment strategy needs to survive a disaster or a drastic change to be proven.

Money lets you do what you want, when you want, how you want and for as long as as you want, something which is often overlooked when we waste money on impulse purchases and unnecessary expenses.

Investing for your own independence and freedom should be the greatest motivator.