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Recognition and Elimination of Biases
Human beings by nature have biases. And to begin the process of implementing the phases of retirement planning ...
Herd Mentality: There are many investors who follow trends or imitate the action without understanding the reasoning behind the decision. They may buy...
Over-confidence: Overestimation of one's ability to control investments or predict the movements of the market may lead to some quite adventurous deci...
Most Common Behavioural Biases in Retirement Planning
It is helpful to recall some of the more typical biases with which most decision-makers are lik...
What is Behavioural Finance?
Behavioural finance refers to studies upon psychological factors in the decision-making process about financial matters....
How Behavioural Finance Enhances Retirement Planning
Retirement planning is one of the most valuable monetary goals at any point in life. It calls fo...
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