How To Find Out Your Risk Attitude
It is important to know what your risk attitude is, as it can determine what kind of investment options are good for you. What does risk attitude mean People love putting people in boxes...
It is important to know what your risk attitude is, as it can determine what kind of investment options are good for you. What does risk attitude mean People love putting people in boxes...
Choice overload is a kind of bias in human behaviour that affects our decision making, like all heuristics and biases do. Understanding why biased behaviour happens can help you minimise the effect on your...
Previously I wrote about heuristics and biases, what they are and why they matter when it comes to finances. There are many different ones that have been recognized, and today I want to focus on...
Remember when I wrote about heuristics and biases? Well, cashless effect is another example of biased behaviour when it comes to financial decisions. Understanding how they may affect the decision making process is the...
Anchoring bias, like the name suggests, is an example of heuristics and biases, which I previously wrote about. It is important to understand how they affect your decision making process to avoid making bad...
Have you ever wondered how we humans make decisions? Especially those bad financial decisions that you end up regretting for a long time afterwards. Often we don’t think about these decision long enough to...