The sunk cost fallacy can also emerge when it comes to hanging onto purchases for longer than they best serve you. Let's say you took out a car loan for $40,000, ...

The sunk cost fallacy is the mindset of continuing with a decision just because of past investments, even when logic would say otherwise. It is a flawed process of thinking.

The sunk cost fallacy often motivates people to do things based on how much time or money they've invested — even they don't want to them. Forget about how much time or money you've invested.

The sunk cost fallacy is when you throw resources into a losing venture because you've already spent time or money. S&P 500 +---% | Stock Advisor +---% Join The ...

The sunk cost fallacy often muddies this inflection point—a psychological trap that tempts owners to chase poor investments or decisions, sometimes at the expense of more promising opportunities.

Some traders fall into the sunk cost fallacy by engaging in revenge trading. Traders in this state of mind may allocate an additional $200 into a trading strategy after losing $100.

However, he refuses to upgrade because he perceives a loss of $200,000 relative to the original price he paid of $1 million. Bob is committing the sunk cost fallacy by letting the original price ...

But a reason people are seduced by the sunk-cost fallacy is that investments of time, money, or lives on ventures that do not work out feel like failures. They feel like a waste.

Many people fall victim to the “sunk cost fallacy” at some point in their lives. Maybe you have stayed at an amusement park even though it was hot and crowded, or remained at a concert even ...

The sunk cost fallacy can also emerge when it comes to hanging onto purchases for longer than they best serve you. Let's say you took out a car loan for $40,000, ...

Everyone makes mistakes or suffers from bad luck from time to time. But too often, people dig their heels when the tide is shifting against them, rather than getting back on course — especially ...