1. When you’re investing, you will come across a lot of updates, suggestions through media, financial planner or the general public, which affects the behavioural pattern.
2. Herd mentality affects investment decision as many investors fear taking a contrary view.
3. Behavioural bias is also one of the behavioural finance traits that one should avoid. Based on interpretations, our mind creates technical impressions. Hence, we end up reacting in a certain way.
4. It is best to avoid exposing yourself to constant market information and updates in order to eliminate knee-jerk reactions.
Let’s hear from the financial expert to know more about behavioural financial traits in this interesting podcast.
"
" />
Podcast 26
Avoid 4 Behavioural Finance Traits while investing
When it comes to investments, people tend to fall into a behavioural pattern while making investment decisions. This podcast of Mutually Yours focuses on four behavioural finance traits investors should avoid. These include:
When you’re investing, you will come across a lot of updates, suggestions through media, financial planner or the general public, which affects the behavioural pattern.
Herd mentality affects investment decision as many investors fear taking a contrary view.
Behavioural bias is also one of the behavioural finance traits that one should avoid. Based on interpretations, our mind creates technical impressions. Hence, we end up reacting in a certain way.
It is best to avoid exposing yourself to constant market information and updates in order to eliminate knee-jerk reactions.
Let’s hear from the financial expert to know more about behavioural financial traits in this interesting podcast.
My Financial Goal #1
My Goal
Buy a House
Achievment Date
July 31, 2022
Create your own goal through "Smart Selfie"
Get Started