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Mental accounting is a behavioral economics concept which refers to the different values a person places on the same amount of money, based on subjective criteria, often with detrimental results.
Simply put, it explain why people think less about some purchases than others?
Let see some real life example of mental accounting.
@Mikebierer: Hate spending $200 on groceries $Bed Bath & Beyond Inc (BBBY.US)$ $AMC Preferred Equity Unit (APE.US)$ $AMC Entertainment (AMC.US)$
@yeftern: Where th...
Simply put, it explain why people think less about some purchases than others?
Let see some real life example of mental accounting.
@Mikebierer: Hate spending $200 on groceries $Bed Bath & Beyond Inc (BBBY.US)$ $AMC Preferred Equity Unit (APE.US)$ $AMC Entertainment (AMC.US)$
@yeftern: Where th...
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$Tesla (TSLA.US)$ drop to 500 also won't buy Tesla
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$Tesla (TSLA.US)$ this stock made many rookie investor think that money can be made so easily which is a very dangerous mindset to have in the stock market.
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By Julianna
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures fell early Thursday after the Dow Jones Industrial Average and S&P 500 turned lower overnight following a Federal Reserve update by chair Jerome Powell, at the conclusion of its two-day meeting.
- Elon Musk's company has shown it can generate cash selling electric vehicles, but its valuation depends on much more.
Market Snapshot...
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures fell early Thursday after the Dow Jones Industrial Average and S&P 500 turned lower overnight following a Federal Reserve update by chair Jerome Powell, at the conclusion of its two-day meeting.
- Elon Musk's company has shown it can generate cash selling electric vehicles, but its valuation depends on much more.
Market Snapshot...
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Spoiler: Join the discussion #Comparison forms cognition: What can Stock Compare bring us? and share your findings of the Stock Compare feature to win the adorable moomoo merchandise and rewarding points! ![]()
When you step into a mall to buy something, you may hear conflicting recommendations. You know what you need, but you haven't decided what to buy yet. Take buying clothes as an example. How do you know which one best suits you? Salesm...
When you step into a mall to buy something, you may hear conflicting recommendations. You know what you need, but you haven't decided what to buy yet. Take buying clothes as an example. How do you know which one best suits you? Salesm...
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$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Future Mobility ETF (EVS.SG)$
will this pay out dividends or just hold for price increase? Thanks as still new to ETF
will this pay out dividends or just hold for price increase? Thanks as still new to ETF
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$Tesla (TSLA.US)$ agreed to purchase nickel supplies from miner Talon Mentals Corp. as an expected surge in demand spurs automakers to secure access to battery metals and other electric-car parts.
South Korea's telecommunications regulator said on Tuesday that $Apple (AAPL.US)$ had submitted plans to allow third-party payment systems on its app store, to comply with a law banning major app store operators from forcing s...
South Korea's telecommunications regulator said on Tuesday that $Apple (AAPL.US)$ had submitted plans to allow third-party payment systems on its app store, to comply with a law banning major app store operators from forcing s...
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$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Future Mobility ETF (EVS.SG)$
EV is already here. its not a question whether EV will take off, but whether the managers can capture and position well to maximise returns.
EV is already here. its not a question whether EV will take off, but whether the managers can capture and position well to maximise returns.
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