Home » psychological biases

5 Common Psychological Bias That Can Hurt Your Investment Returns

Published by Autumn on 29 March, 2021 Without even knowing, many of us have biases that affect our investment decisions, and ultimately outcomes. Here are 5 Psychological Biases that can hurt your investment returns. 1. Confirmation Bias Often times, you may already have a pre-existing opinion about a certain investment product based on recent news or recommendations from your family and friends. You may not even realise that subconsciously you tend to tune in to information which confirms your biases. This is known as the confirmation bias, as it creates a false sense of security and blind spots,

Go to Top