Invest
The Defensive Pessimist and The Realistic Optimist
By My Money What  •  June 3, 2020
TLDR? Optimism is good, but unrealistic optimism is not. Pessimism is bad, but defensive pessimism is not. Each strategy has its pitfalls. And when Defensive Pessimists and Realistic Optimists learn to work together, synergy is built. Hey everyone, thanks for visiting us once more. We’re coming fresh off of a series of posts where we have touched on technical and dryish finance topics. So today, we thought we talk about something that some may find interesting as it allows them to learn a little about themselves. Today, we are going to talk about the difference between a realistic optimist and a defensive pessimist, and how it relates to how you handle your personal finance. To us, personal finance is a just that – a deeply personal endeavor. Learn about how one relates to their own money has an uncanny knack of illuminating blind spots, exposing behavior that is unhelpful and...
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By My Money What
“mymoneywhat” is a site about everyday Singaporeans by Singaporeans (that seek to influence the way Singaporeans view our finances. Our goals are to make you rich, while learning some interesting things along the way such as personal finance, financial independence, retire early, cpf, asset allocation and investing in general.
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