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Ongoing research in behavioural finance is unearthing alarming consistencies in how we act around money and stark differences between men and women that have some investors sitting up and taking profits. Here are five reasons why you should consider your feminine side when it comes to investing.
Coupled with the outside noise of market emotions, our individual ability to justify decisions based on sometimes irrelevant and biased information, makes the seemingly simple axiom, 'buy low, sell high' difficult to execute efficiently. Luckily, there are 3 easy ways that you can create and manage an emotional firewall between you and your investments:
Research suggests that people who lean to the left tend to give lower economic estimates than people who lean to the right. Your body's posture may actually affect the amount you are willing to pay for a consumer good, or even a financial asset!