(#113) What would an advisor say about mental barriers that are stopping them from making better investment decisions (Part 1)
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Your mind can be your own worst enemy when it comes to making rational investment choices. It is sad to say but as much as we like to think that we are rational investors, in most cases, we are not. But one thing is for certain, we are rationalizing most of the time. In this episode, we explore mental barriers such as cognitive dissonance that are stopping you from making rational investment decisions.
This is one of our most difficult podcasts and is only for those who are ready to open their mind to the world of behavioral finance. It was so much information, we had to do two parts.
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