Ep. 102 - Wealth Management Hacks: Mastering Your Biases
Manage episode 452656074 series 3619636
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Do you know when you're most likely to make risky financial decisions and how it might be affecting your investments? If you're striving for better financial outcomes, understanding how unconscious biases impact your investment decisions is key. Most of us are unaware of how our habits, especially at the end of the week or month, influence our risk-taking. This episode uncovers the hidden patterns behind these behaviours and shows you how to turn them to your advantage. In this episode, you will: 1) Learn how behavioural economics can help you avoid unnecessary risks when investing. 2) Discover strategies to modify your habits and make more thoughtful, purposeful financial decisions. 3) Find out how to use self-awareness to improve your portfolio and ensure your money is working harder for you. Tune in now to discover how to take control of your financial habits and make smarter investment choices!
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