Everyone Loves a Little Gossip!
Know what ages quicker than dog years?
BLOGGING YEARS!
Sweating the Big Stuff recently made the comment, “Yeah man – you haven’t written anything new in a WEEK.” That must be the equivalent of being gone for several months in blogging years. 
So, let’s dish out some juicy gossip on what’s been going on.….. not much if you can believe it!
Went to the April Happy Hour which was great. The $3 PBRs were expected, but I’d been looking forward to the shindig for some time because Lean Life Coach dropped by. Plus you simply can’t beat the energy emanating from My Next Buck & Budgets Are Sexy.
Great Expectations: Ignore Social Norms Save More
“More money begets more spending” seems to be an underlying result of success many people accept. In other words, the more money you make, the more you spend. Quite often, it’s the expectation of the money you should spend.
In most regards, we judge people based on our expectations of them. Generally speaking, people of certain social status or professions are elevated to higher standards.
Think about it. If your doctor showed up in an old, rusty car, it would probably give you cause for concern.
“Hey, wait a minute, what kind of quack is going to operate on me!?!?”
Continue reading “Great Expectations: Ignore Social Norms Save More” »
Managing Fear and Expectations
Recently I’ve been reflecting back to March 2009. My interest in behavioral finance probably stems from the technical confusion with markets. From the collapse of Lehman on, another engineering friend and I traded daily emails attempting to make sense of what was happening. As news continued to worsen, we threw our hands up and proclaimed:
“TOO SCREWY – INCONCLUSIVE!”
Although I anticipated the answer, I needed to find a chart graphing historical events against the stock market. As you would imagine, the more severe the news – the more the market plummeted.
Back to 2009 – equities were at fire-sale prices, yet my urge to grab everything under the sun was relatively low. My wish list grew daily, but my executed orders were close to nill. Simply put, my brain was outputting conflicting messages. How could this be given I knew the Buffet adage, “Be fearful when others are greedy, be greedy when others are fearful”.
Mulling over this relationship, an interesting thought surfaced. Maybe it has less to do with
FEAR & GREED and more to do with
FEAR & EXPECTATIONS.
Yakezie Weekly Round-up
Another weekend’s come and gone. Realigning my shift back to blogging after the whirlwind of personal events. Have a few more upcoming, but looking to get out some new articles here in the near future.
Here’s the highlights from the weekend for your reading pleasure:
