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FOBO: The Silent Saboteur of Wealth

FOBO: The Silent Saboteur of Wealth

by O'Hagan Attorneys | Oct 3, 2025 | Behavioural Finance, Saving & Investing

“In the face of too many choices, we often choose nothing—and pay dearly for it.”   (Barry Schwartz, The Paradox of Choice) Everyone knows about FOMO. But have you even heard of FOBO, let alone contemplated how it might be kaiboshing your wealth...
Loss Aversion and Lifestyle Creep – How Behaviour Influences Saving

Loss Aversion and Lifestyle Creep – How Behaviour Influences Saving

by O'Hagan Attorneys | Sep 29, 2022 | Behavioural Finance, Saving & Investing

“For everything you have missed, you have gained something else.” (Ralph Waldo Emerson) Don’t be biased towards short term loss ‘Loss aversion’, from an investment perspective, refers to our tendency to avoid losses over acquiring gains. For example, we all know that...
Red-Carding the Myth of The Rational Investor

Red-Carding the Myth of The Rational Investor

by O'Hagan Attorneys | Jan 7, 2022 | Behavioural Finance, Saving & Investing

“If there’s no meaning in it, that saves a world of trouble, you know, as we needn’t try to find any.” (The King, Alice in Wonderland) There has been an interesting debate taking place in the world of sports psychology for nearly 20 years. The question is whether the...
A Tip for Successful Investing – Move from “Binary” to “Directional” Thinking

A Tip for Successful Investing – Move from “Binary” to “Directional” Thinking

by O'Hagan Attorneys | Oct 28, 2021 | Behavioural Finance, Saving & Investing

“Clarity means being very clear about the direction you want to go, but very flexible about how you will get there.” (Bob Johansen) It sometimes feels like there is a lot of black-or-white thinking in the world today. Many issues are presented as if there are only...
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  • South Africa’s exit from the FATF Greylist: What it means for investors?
  • Are You Financially Fluent or Just Faking It?
  • Who Should Inherit Your Wealth?
  • Gift Vs. Loan: The Devil’s in the Details
  • FOBO: The Silent Saboteur of Wealth
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