Commitment device
Risk & psychologyAn arrangement made in advance that constrains your later self.
In plain terms
An auto-debit SIP and a fixed rebalancing date need no willpower, which is why they survive decades.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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