investment decision: But a few years ago, I made a really dumb investment decision. In a single day, I hit the trifecta, committing at least three classic behavioral mistakes, according to Bloomberg. At the time, I was working in the federal government, with a daughter in college, a 2-year-old boy and a new child on the way. Could I afford to lose a lot of money? Wouldnt it make sense to sell equities and to put the money into a safe, reliable certificate of deposit and For many years, I have studied human behavior, including the mistakes occasionally made by fallible people, including investors. The year was 2011. The stock market was recovering well from its terrible collapse during the Great Recession, but over a short period it had a series of stumbles. I got nervous. What if it collapsed again?
(news.financializer.com). As
reported in the news.
Tagged under , human behavior topics.