How Our Minds Get in the Way of Our Money with Behavioral Finance

Investing with Behavioral Finance

Many of you may not have heard of the term behavioral finance, but it is hard to find a point where our minds do not get in the way of our money. It happens all the time. We try to kid ourselves that we are rational human beings who make rational decisions, but history and our stock market has proved us wrong time and time again. In fact, we let our emotions take hold of us more often than we would like to admit much to the detriment of our finances. Below are three classic examples of behavioral finance and how we behave irrationally with our money and let our minds get in the way and cost us. We Have … Read more