The effect of psychology on investors
Posted by Andrew_Smith on Thursday 21st of March 2024
You should base financial decisions on logic and facts. But psychology can have a much larger effect than you think, and it can lead to you making decisions that aren’t right for you. Read on to find out more about what behavioural finance is and how it could affect you.
“Behavioural finance” was first coined in the 1970s by economist Robert Shiller and psychologists Daniel Kahneman and Amos Tversky. They used the term to refer
to how unconscious biases and previous experiences affect the way people make financial decisions.
It can be used...
It’s important to take a long-term view
Posted by Andrew_Smith on Friday 1st of March 2024
How Does Your View of Independence Affect Your Return On Life?
Posted by Andrew_Smith on Thursday 25th of January 2024
Independence is an important value to all of us. It's also a value that's central to how we feel about and use our money. When we feel financially free, we can make a wider variety of choices, pursue our passions, and find our ideal version of work-life balance.
As we head further into 2024, ask yourself how these three areas of financial independence are affecting your planning and how to get more Return on Life going forward.
1. Career independence.
Very few people can say that they are totally free in their careers. "Independent" ...
Omnis 2024 Investment Outlook
Posted by Andrew_Smith on Friday 19th of January 2024
