investing

Episode 14 - Behavioral Finance & Investor Psychology

Does your mind work for you, or against you, when making decisions about money and investments?

Have you ever had a hard time making an important financial decision, or later discovered you made a major mistake? Join Mike and Patrick as they talk about several well-known, but perhaps not well understood, aspects of behavioral finance. Stay tuned to the end, as this episode may make you ponder the objectivity of your own decisions!  

 

Resources:

https://www.wsj.com/articles/impatient-investors-get-caught-in-the-return-gap-1525658940

https://www.kitces.com/blog/datapoints-building-wealth-assessments-sarah-fallaw-thomas-stanley-millionaire-next-door-book/?utm_campaign=coschedule&utm_source=pinterest&utm_medium=Michael%20Kitces&utm_content=Predicting%20Wealth%20Building%20Behavior%20With%20DataPoints%20Assessment%20Tools

https://ofdollarsanddata.com/be-careful-what-you-choose-dd3cf7b45dd9