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Unbiased investor : reduce financial stress and keep more of your money / Coreen T. Sol.

By: Material type: TextPublisher: Hoboken, New Jersey : Wiley, [2023]Description: pages cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9781394150083
Subject(s): Additional physical formats: Online version:: Unbiased investorDDC classification:
  • 332.024 23/eng/20220909
LOC classification:
  • HG179 .S552365 2023
Summary: "People are not naturally equipped to invest and trade securities to their advantage. If you've sold an investment at the wrong time, held a stock thinking that it would rebound, or regretted an investment decision in hindsight, you're in good company. Costly mistakes, however, are often due to natural shortcuts we use to process information quickly. The resulting errors are often avoidable when you adopt the critical habits offered in this book. By focusing on your personal economic principles and limiting the harmful effects of biased choices, you can reduce financial stress and grow wealth with more reliably. Unbiased Investor first walks readers through what can go wrong with financial decisions based on three main processes: 1. how we rely on decision-making shortcuts to understand the world around us 2. how we try to control risk at the worst moments 3. how we want to be right. The following chapters ask readers to consider their most critical financial goals, personal preferences, and skills in reaching those objectives then outlines how to adopt strategic habits to avoid bias in everyday financial choices. The book concludes with an overview of the deeper issues (including when to rely on expert advice and when not to, the perils of portfolio abandonment, and much more) and presents stories illustrating money's influence on happiness by considering how much money is enough and ties these themes back to the reader's personal economic principles"-- Provided by publisher.
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Cover image Item type Current library Home library Collection Shelving location Call number Materials specified Vol info URL Copy number Status Notes Date due Barcode Item holds Item hold queue priority Course reserves
Long Loan Books Rongo University Library General Stacks Non-fiction HG179 .S552365 2023 (Browse shelf(Opens below)) Available 20261413

Includes index.

"People are not naturally equipped to invest and trade securities to their advantage. If you've sold an investment at the wrong time, held a stock thinking that it would rebound, or regretted an investment decision in hindsight, you're in good company. Costly mistakes, however, are often due to natural shortcuts we use to process information quickly. The resulting errors are often avoidable when you adopt the critical habits offered in this book. By focusing on your personal economic principles and limiting the harmful effects of biased choices, you can reduce financial stress and grow wealth with more reliably. Unbiased Investor first walks readers through what can go wrong with financial decisions based on three main processes: 1. how we rely on decision-making shortcuts to understand the world around us 2. how we try to control risk at the worst moments 3. how we want to be right. The following chapters ask readers to consider their most critical financial goals, personal preferences, and skills in reaching those objectives then outlines how to adopt strategic habits to avoid bias in everyday financial choices. The book concludes with an overview of the deeper issues (including when to rely on expert advice and when not to, the perils of portfolio abandonment, and much more) and presents stories illustrating money's influence on happiness by considering how much money is enough and ties these themes back to the reader's personal economic principles"-- Provided by publisher.

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