rawrrr
I’ve managed to keep my losses to a minimum these past few months but I’m still afraid to look at my portfolio every day… so I can only imagine how investors across the country are feeling.  I’m sure a lot of people are asking “What should I do in this Bear Market?”.  It seems like [...]

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Woo-Hoo!  Finally, the last day of cognitive biases in investing! Let’s dive right in… 
Self serving bias is pretty similar to the fundamental attribution error.  The Fundamental attribution error says that other peoples successes and failures are a direct result of their actions while our own are attributed to situational factors. The self serving bias is [...]

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I was eating lunch at Tropical Smoothie Cafe yesterday when my friend turned to me and said “Dude, that [amazingly cute] girl over there is totally checking you out”.  I quickly dismissed his comment but he kept persisting, “No seriously, she keeps looking over at you”.  I probably just had some mustard on my face [...]

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Today’s cognitive bias is anchoring and its not only something I try to avoid in investing, it’s also something that I exploit in negotiations.  And you can too!  
When you’re negotiating and you know the inherent value of something, you can easily barter a fair price.  But when you’re unsure of an item’s value and the other [...]

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“Whenever someone else performs poorly or makes a mistake, it’s a direct result of their actions.  Whenever I make a mistake, it’s because of a circumstance I had no control over!”
This is the underlying position of the fundamental attribution error.  We have a tendency to over emphasize the result of other people’s actions as personality-based.  [...]

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So I woke up this morning around 6 AM, and started getting ready for work: take a shower, get dressed, grab breakfast, check stocks.  It was the same as any other weekday morning… until I checked my retirement portfolio.  I’ve been a little busy these past few days and haven’t had the opportunity to check my portfolio.  [...]

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I’ve recently been asked by several friends and family what I thought about target date retirement funds since they are a fairly new investment vehicle.  What are they and should I invest in them?  Is it too good to be true?  Well let’s start off by establishing what a target date retirement fund is.  
A [...]

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