There is more to investing than finding the ‘right’ strategy, making an investment and following a plan. Being aware of how you think, why you react in certain ways and what biases or beliefs you might have will increase your skills as investor. Not controlling the emotions you might experience such as fear, greed, pride,…
In his book “The Art of Thinking Clearly”, Rolf Dobelli talks about the “Sunken Cost Fallacy”. This is where people keep on with a particular path of action for no other reason than the amount of time or money that they had already sunk into the path of action. People do this as they feel…
A man walks into shop wearing one shoe. The shop owner asks, ‘Lose one?’ Man answers, ‘No mate – found one!’ From one simple scene it is amazing the difference between the 2 men’s points of view. First there is the shop owner’s view:- ‘Lose one?’ The shop owners looks upon the world and sees…
I wanted to talk about individual responsibility this week as it’s something that’s quite important to me. With the way the world works at the moment it’s a little too easy to always push the blame away from yourself and onto anyone or anything else. There are some great examples of this that have been…
This week I wanted to explore how to find your passion. Here at Stream Financial we all seem to have 1 thing in common, we are all passionate about helping people – whether it be getting them the best possible insurance for themselves and their families, by helping them plan for their financial future, or…
Just because something seems simple, does not mean it is easy. Take for example getting fit. Simple – yes. Undertake regular exercise and you get fit. But how easy is it. The first few weeks you approach your fitness regime with vigour and excitement. Then comes the morning when you consider staying snuggled up in…