Saturday 8 November 2014

Passed USD 1 million (again) Yesterday

Today's net worth USD 1,006,182

Well, for the second time my net worth has exceeded USD 1 million for the second time. The last time was in September of this year, when my status as a millionaire only lasted for a few days.

I have to admit that I am secretly oozing with serotonin today. Let me explain, for those of you that are not aware, serotonin is one of our feel good hormones. We create serotonin whenever we perceive our star is rising. Its a key chemical that any serious investor should be aware of. While its great to feel your sense of status rising - thanks to serotonin, you need to be aware when it works against you as an investor. For example, you will get a serotonin boost when you buy a new shirt, especially if the label is on the outside and everyone will be aware that your shirt was expensive or exclusive - or at least you believe that they will be aware. But should you have kept wearing that old shirt from last season and bought a share of P&G instead.

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