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If you’re down $20k one day and up $5k the next, you might be wondering when the cracks will start to show in your retirement ...
This phenomenon reflects loss aversion, and Spencer mentions that this investing bias is normal. "Loss aversion is natural and affects everyone. People seek pleasure and want to avoid pain," he says.
Additionally, individuals with higher levels of loss aversion demonstrate a reluctance to invest in supplementary cyber risk ...
Unfortunately, that very feeling of risk aversion might increase the chances that you make investing mistakes. On the flip ...
This little behavior is paralyzing your startup Entrepreneurship is hard enough without adding loss aversion. Here's how to tackle this destructive behavior before it kills your business.