Why The Herd Mentality Is Dangerous In Investing
Humans naturally want to be a part of groups and communities. While being social can work wonders, there is also a harmful side of our desire to fit in. Numerous studies...
September 14, 2017
Investing an Inheritance: 4 Expert Tips
When it comes to investing, when you suddenly receive an inheritance it can be anything but straightforward. Often, this inheritance comes with complex emotions if its tied to a loved...
September 6, 2017The Familiarity Heuristic: Why Most Investors Make This One Mistake
Our comfort zones have the word “comfort” in them for a reason: it can be daunting to enter uncharted territory. However, whether it’s though public speaking or trying an exotic...
August 29, 2017The innocuous dangers of anchoring in investing
When it comes to making financial decisions, we all like to think we’re rational creatures who make reasonable, informed choices. Unfortunately, this isn’t always the case. Take shopping, for instance. Advertisers...
August 22, 2017The Hidden Dangers of The Gambler’s Effect in Investing
In 1913, at the famous Monte Carlo Casino, black came up an astonishing fifteen times in a row on the roulette wheel. Thinking that red was “bound to happen” next...
July 25, 20173 Rookie Investment Mistakes to Avoid
If you’re just getting started with investing, you may be prone to some rookie investment mistakes. Because the world of finance is often counter-intuitive of our emotions and gut reactions, it’s...
July 10, 2017Why Hindsight Bias is Dangerous in Investing
Whether it’s discussing the results of a sports game with friends or hearing television personalities talk about world events, we’re constantly inundated with people who proclaim they “knew it all...
June 26, 20173 Beginning Investing Mistakes You Should Avoid
When we learn and start something new, it’s often part of the process to make some mistakes. This is a truism in the complex world of investing. Unfortunately, unlike most learning...
June 15, 2017