Unless you live in Saskatchewan, you’re likely a little groggy this morning thanks to the start of Daylight Saving Time over the weekend. No big deal—s little extra coffee and we’re good to go, right?
Bubble markets occur when stocks trade at inflated prices.
Investors yet to recover from the 2008 crash and subsequent uncertainty may be missing out on the more recent positive market developments around the world, their emotions still dictating their investing behaviour. According to Franklin Templeton’s recent investor survey, a third (34%) of Canadian investors acknowledge that they take an emotional approach to investing and […]
Don’t let clients buy or sell for emotional reasons.
“At the beginning of the year, people want to make a fresh start,” says Stephen Ciccone, a professor at the University of New Hampshire’s Whittemore School of Business and Economics.
What happens to your body when you take risks? A lot, argues Canadian-born former trader John Coates in his new book, The Hour Between Dog and Wolf. And the more you understand the biology of risk-taking, he says, the better prepared you’ll be to make sound investment decisions.
“Decisions can be easy when [people can] choose from a well-defined set of options,” says Baruch Fischhoff, a specialist in social and decision sciences at Carnegie Mellon University in Pittsburgh.
When it comes to making investment decisions, many Canadians admit to engaging the emotional right side of the brain rather than the logical left. Two in five (40%) Canadians say emotions play a role in their investing decisions, says the latest BMO Psychology of Investing Report. Read: Do your clients make these mistakes? “While we’re […]
Though America is going through a substantial deleveraging process, it doesn't mean another recession is around the corner.
A predictable world doesn’t exist. Enter heuristics: a method whereby people deliberately ignore some available information in order to make quicker decisions. Most people and organizations—even traders—rely on heuristics.