Business

Behavioral Biases, and How They Impact Your Investment Decision Making.

Investing in the stock market is a strategic process, and for many the risk and reward vary depending on their previous knowledge and current understanding of market trends. However, uncertainty of the market isn’t the only thing that dictates what makes a good or bad investment decision. Our own behavior biases when it comes to finances play a major role in our gains or losses when investing in stocks. Things such as mental accounting, loss aversion, and herd behavior bias are a couple of examples in Ramsay Lewis’ article on Behavior Biases. Head over to Business Insider to read the full article, and get helpful insight on what to do, or not do when it comes to investing your funds. 

-Alexandra Shuford

Share
Published by
Alexandra Shuford

Recent Posts

Can I Talk About Politics With My Therapist Right Now?

If politics are currently ruining your mental health, trust us, you’re not alone. It’s hard… Read More

6 hours ago

You Can Do Anything For Three Months” Is The Parenting Advice We Needed

I full believe that if anything would be helpful in parenthood, it’s a time machine.… Read More

8 hours ago

Found: 23 Pairs Of The Absolute Softest Leggings

We love the commitment that comes with assembling a never-leaving-the-couch outfit — from trendy, coordinated… Read More

8 hours ago

4 Things Eldest Daughters Need To Hear Every Day

The day I found out my first baby was a girl, I was delighted. I… Read More

8 hours ago

‘I’m Leaving My Toxic Job. I Wish I Didn’t Have To Work Again.’

Most of us, at some point in our parenting journeys, have had to adjust our… Read More

8 hours ago

Bladder Cancer and Black Women

Monica Austin-Cox remembers well the day a routine pelvic exam changed her life forever.Her gynecologist… Read More

10 hours ago