In Part 1 of this two-part blog series, we examined why investors are hardwired for emotional investing. In Part 2, we’re sharing some of the potential costs of investing emotionally—and how you can avoid them.
Enduring the fluctuations of the market can be challenging, even for the most seasoned investors. Indeed, most of us know by now that staying the course is prudent—especially during periods of discomfort. Yet doing so may be easier said than done.
In my last few blog posts, I’ve focused on the importance of developing a healthy sense of awareness and skepticism when it comes to the forces that influence our financial decisions—mainly, the media and our emotions. Still, making good decisions also requires the right mix of education and advice. So, how do you know which …
Fact-Checking Financial Advice: 4 Steps For Separating Fact From Fiction Read More »
Investor heuristics and biases don’t often serve us when making complex financial decisions. Here’s how to recognize them and combat them. In recent blog posts, I’ve talked about the benefits of being positively skeptical when consuming information and making important financial decisions. While it may be clear to most at this point that we as …
Investor Heuristics: 5 Biases To Watch Out For When Making Financial Decisions Read More »
This article about emotional investing is part two of a four-part blog series about training yourself to make better financial decisions. “The challenge for all investors is to consume the news without being consumed by it.” –Jason Zweig In my last post, I introduced a four-part blog series on the importance of separating fact from …
Emotional Investing: How To Avoid Common Investor Pitfalls Read More »
