Understanding Behavioral Aspects of Financial Planning and Investing
Journal of Financial Planning, Volume 28, Issue 3, pp. 22-26
5 Pages Posted: 20 Apr 2015
Date Written: March 1, 2015
Abstract
Understanding fundamental human tendencies can help financial planners and advisers recognize behaviors that may interfere with clients achieving their long-term goals. The authors describe several well-established behavioral biases and suggest how to overcome them.
Keywords: Investor psychology, personal finance, financial planning, trading and investing strategies, biases, investment theory, behavioral finance, behavioural finance, behavioral economics, client behavior, financial planner
JEL Classification: A12, D81, G00, G30, G10, M00, M10, M41
Suggested Citation: Suggested Citation