According to BlackRock’s 2015 Global Investor Pulse Survey, 49% of American have negative feeling toward investing and 72% of Americans don’t even think of investing in the markets as a way to save for their long-term goals. Our emotion brains are not designed for investing in the long run and there are 3 psychological biases that can impact how you invest: Negativity bias, recency bias and status quo bias. It’s important, therefore, to recognize and acknowledge these common cognitive biases. Doing so can help us invest smartly and ultimately achieve the goals we really need. (learnvest.com)
3 Psychological Biases That Can Impact How You Invest
