Blog categorized as Behavioral Finance

Tips to Avoid Getting Emotional About Your Investments

01/19/2024 11:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Tips to Avoid Getting Emotional About Your Investments
Whether you’re new to the stock market or a seasoned investor, it can be hard to keep your emotions in check. Follow these tips to avoid getting emotional about your investments.

Are You Procrastinating About Your Finances? Here are 5 Ways to Overcome It

12/07/2022 08:34 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Are You Procrastinating About Your Finances? Here are 5 Ways to Overcome It
You probably learned in college, that procrastination is usually not the best way to do your best work. Do you procrastinate with your finances, as well? These five tips can help you to overcome this bad habit.

Are Your Finances Impacting Your Health?

12/01/2022 04:11 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Are Your Finances Impacting Your Health?
Financial stress can negatively affect your health, but it doesn’t have to. If you have some financial trouble, take time to apply some self-care for your health care while you get the financial help you need.

The Human Factor in Evidence-Based Investing

01/21/2021 01:37 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
The Human Factor in Evidence-Based Investing
We turn now to the final and arguably most significant factor in your evidence-based investment strategy: the human factor. In short, your own impulsive reactions ...

How To Be Positively Skeptical, Part 4: Check the Facts Before You Act

12/31/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
How To Be Positively Skeptical, Part 4: Check the Facts Before You Act
There are only so many hours in the day to do all the fact-checking you’d like to when deciding who and what to believe. How do you approach this never-ending challenge?

How To Be Positively Skeptical, Part 3: How Do You Do Your Due Diligence?

12/30/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
How To Be Positively Skeptical, Part 3: How Do You Do Your Due Diligence?
Our brains are hardwired to lead with fight-or-flight instincts ahead of rational resolve. As such, our critical thinking often plays second-fiddle to rash reactions such as fear, excitement, overconfidence, and regret.

How To Be Positively Skeptical, Part 2: Understanding Your Emotions

12/29/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
How To Be Positively Skeptical, Part 2: Understanding Your Emotions
Let’s talk about your emotional reaction to unfolding news, and the impact that can have on your financial well-being.
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