Showing posts with label sunk cost fallacy. Show all posts
Showing posts with label sunk cost fallacy. Show all posts

Monday, February 11, 2019

Forty Two

Do you need to take a risk in life? Or play safe? We also talk about calculated risk, oh that is not a risk. I am not a risk taker. But can I take the chance? I should make a decision. What, where, how I need to think. Taking risk itself is a risk. I have gone into too deep in the comfort zone in life. How do I come out? I need to set some tough targets? What are they? I plan, dream and I never venture into reality. Till I go out and try out something new, my life will slip away.

The sunk cost fallacy; I spent enough time and energy in this endeavour, and I make it work even though it is not working. I moved to a new home, after a lot of contemplating, my computer table is placed in the master bedroom. Now I realise that it was not the right place. But I don't want to move it to another room, I have made electrical connections, too big a table to move and I have convinced about this table to my "the wife". So even it is uncomfortable I am not changing it. It is true with few stocks I hold, I spent enough research on those stocks, I can't sell them. It is right for my new pair of jeans also, bought online, I am not liking fitting, but I paid a lot of money I should use it though it is very uncomfortable.
Oh, I need to get out of this.
Keep an eye on TIME