University of Toronto’s Avni Shah looks at one way our brains may sabotage our financial decisions and explains why a good plan may help us stay the course.
Part X in our Wealth Psychology series: Assistant Professor Avni Shah shows us how we are wired to feel losses more deeply that an equivalent gain, and how that might put you into a panic when experiencing investment declines.
Part VIII in our Wealth psychology series: Assistant Professor Avni Shah explains why we push harder as we get closer to accomplishing a goal, and how you can make it work for you when it comes to planning for retirement.