What is Kiasu?
Kiasu can be good and bad. It can encourage people to persevere and create amazing results; it can also waste time and energy. In the investing world, it can create an irrational fear of losing.
How Does Kiasu Work?
Kiasu can be found in many aspects of daily life. Some people parent their children with a kiasu philosophy, for example, pushing them to excel and investigating the best educational options for their kids.
The business world also experiences kiasu in many areas. For example, some investors are kiasu when they spend an excessive amount of effort trying to get what they want. Some consumers are kiasu when they camp out in front of a store to buy something thatnot change their lives significantly.
Why Does Kiasu Matter?
Kiasu is a Chinese word that roughly translates to "fear of losing out."
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
We saw the effect of foreign policy on both the U.S. dollar and the New York Stock Exchange when the EU...Read More →
Question: I want to buy a house in five years, but I won't have quite enough for a 20% down payment by that time. What if I invested in stocks to make...Read More →
When you were a child, security items probably filled your childhood with peace of mind. Things like a blanket, stuffed animal or pillow might have protected you from monsters under the bed or...Read More →