Sign in

Oz Chen
Writing about personal finance OzChen.com and UX Design on UXBeginner.com

Higher prices attract attention and create FOMO

  • A stock’s price starts going up
  • The higher and more dramatic the increase, the more it attracts media attention.
  • Investors feel FOMO and buy
  • When the price falls, the investor forgets why they bought the stock, and sell.

When social signaling ends up hurting us

Actually looking (paying attention) is more likely…


Perfectionism is toxic.


Psychology of Money @ ozchen.com

Missed a big investing opportunity? Here’s how to feel less miserable.

Minimize regret by seeing the past more clearly


Psychology of Money

Baggage turns into beliefs; beliefs turn into investing decisions.


Psychology of Money

  • Financial models = ways to represent a specific financial situation.
  • Mental models = ways of thinking about how something works.

“The S&P 500 is supposed to give me 8% every year. …


Edition #6: Psychology of Money Newsletter

Plus, a personal update about Annual Reviews


When will the game stop?


The financial tradeoffs between singles & couples


Another way of looking at the controversial cryptocurrency

Oz Chen

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store