We’ll end today where we started, with our original premise: Behavioral bias in finance can have disastrous and costly consequences. Knowing ourselves and having an outside advisor can be essential to seeing through your biases.read more →
Have you ever noticed that something you put a lot of time and effort to acquire feels more valuable than something that came easily to you? Maybe you’ve been stuck in traffic and experienced a twinge of envy when comparing your car to a high-end...read more →
So far, we’ve discussed several biases that may influence your investment decisions and get in the way of reaching your financial goals. The nature of biases keeps us “in the dark” – we don’t think about them. Today we are going to shed some...read more →
After a period of relative calm in the markets, in recent days the increase in volatility in the stock market has resulted in renewed anxiety for many investors.
From February 1–5, the US market (as measured by the Russell 3000 Index) fell almost...read more →