1. Be unemotional - use pre-planned If-Then-Else (eg. portfolio rebalancing IF.., IF x falls 20% or more.., IF..), numbers/knowned,
NOT based on feel/crystal balls
Do NOT "plan fire escape during fire". That's where fear & greed jumps on me.

2. All financial plans are useless - it's the planning that is useful.
ie. the logic/reasons/whys. Thus, one can always tweak when things happens or goals moved/changed

3. All financial goals are really life goals.
If i dont have a burning reason WHY i NEED to reach the goals... then.. meh.. i won't carry through

This post has been edited by wongmunkeong: May 6 2019, 11:51 AM