Why Don't We Do What We Know We Should Do With Our Money?
Financial planning is less about knowing what to do and more about doing what we know.
Source: forbes.com
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Availability Heuristic: What It Is And How To Overcome It
The availability heuristic refers to our tendency to give more credence to information we are already aware of – particularly if it is dramatic or emotionally charged.
Source: forbes.com
How To Avoid Financial Losses: How to avoid financial losses: Take a look at these 6 Daniel Kahneman principles | Business
Financial Literacy News: Human beings are considered to have superior cognitive abilities among all species. However, our capacity to make good decisions is often challenged by life's complexities. Psychologist and Nobel laureate Daniel Kahneman, who recently passed away at the age of 90, emphasised that making sound decisions is not as simple as it seems.
Source: indiatimes.com
If Inflation is Down, Why Are Prices Up?
Shockingly, most people aren't economists.
Source: outsidethebeltway.com
Thursday's selloff rattled traders, but big drops are more common than you think
After Thursday’s selloff, investors should ask themselves, “What might cause a more serious drop in the markets?”
Source: cnbc.com