by Doug Goldstein CFP® | Jan 2, 2018 | Behavior finance
Who is usually a more confident investor – a man or a woman? When Professors Terrance Odean and Brad Barber conducted a study of 60,000 individual investors, they found that the male investors were far more confident in their investing decisions than their female... Click for more
by Doug Goldstein CFP® | Jan 3, 2017 | Behavior finance, Decision Making
Letting emotions interfere with decision making is a common cause of mistakes… both on the chessboard and off. Why is it a problem when your emotions interfere with decision making? Swept away Let’s imagine the following scene: In a game of chess, your opponent moves... Click for more
by Douglas Goldstein | Nov 15, 2016 | Behavior finance, Financial Strategies, Podcasts
What’s the difference between a casino and the stock market? On this week’s financial podcast, find out why the odds are much better if you invest your money in the stock market than if you try to make a huge win at a casino. Learn how to determine your... Click for more
by Doug Goldstein CFP® | Sep 1, 2016 | Behavior finance
When people think that they are greater, stronger, smarter, or luckier than normal, they misperceive reality and make poor decisions. For example, the vast majority of the population believes that they are above average when it comes to their driving ability, getting... Click for more
by Doug Goldstein CFP® | Jul 21, 2016 | Behavior finance, Other
The 2008 stock market crash – should we file it away as history? Even though Wall Street and the markets seem to have recovered from the 2008 stock market crash, it still matters to investors like you and me. I just finished Ben Bernanke’s book, The Courage to... Click for more
by Doug Goldstein CFP® | May 19, 2016 | Behavior finance, Financial Plan
When you look at your investment portfolio, what do you see? Are you able to focus on all of its details at once? Many investors think they are looking at the big picture when they read over their financial portfolio, but many important details escape their attention.... Click for more
