Don’t Look Back: How to Avoid the Sunk Cost Fallacy

“I want to get my money’s worth.”  On its face, this may seem like a perfectly reasonable way of thinking about costs and experiences. After all, when you pay for something, you expect to get something in return. Otherwise, you might have wasted your money, time or effort—and who likes waste?

Source: Schwab Market Insights
Comment Form is loading comments...