Part VII in our Wealth Psychology series: Professor Dilip Soman explains why we feel so attached to funds we’ve already spent and share an idea on how you can avoid throwing good money after bad.
Part IV in our Wealth Psychology series: Professor Lisa Kramer explains how seasonal changes can affect markets, and why we may feel compelled to make more hay when the sun is shining.
Part V in our Wealth Psychology series: Professor Dilip Soman explains why we tend to spend tax refunds and bonuses more lavishly than our regular income — and what you can do now to avoid blowing those cheques when they arrive.
Kim Parlee talks to Dilip Soman an economist and director of Behavioural Economics in Action at the Rotman School of Management, talks about our behaviour around money and how to use insights from Behavioural Economics to avoid financial missteps.
Kim Parlee speaks with Brad Simpson, Chief Wealth Strategist, TD Wealth, about how investors can protect against financial blind spots and avoid panicking when markets turn sour.