Being on track has reduced emotional and psychological stress associated with retirement plans.This is also a practice in behavioural finance encouraging realistic retirement goals that are framed based on the...... Read More
Author: seofinxl
The behavioural finance strategies that have been included in your retirement plan keep you disciplined, encourages saving through automation, and manages emotions associated with market fluctuations. It promotes balanced asset...... Read More
Behavioural finance is important in understanding what is happening in our minds during the design of retirement plans. After knowing about present bias, overconfidence, loss aversion, or even herd mentality,...... Read More
Longevity Planning This minor statistical overestimation of life expectancy can be corrected by the behaviour finance. Most people do not factor in the time they might live and, therefore, under-save....... Read More
Behaviour finance argues that knowing specifically what triggers you to fall a victim of your emotions will place you better to avoid bad decisions.You can also employ strategies such as...... Read More
Emotional Response Control to Market Fluctuations Volatility in markets evokes emotional responses that, in the majority of instances, assume the manifest form of impulsive decisions to sell investments during the...... Read More