Are Your Resolutions Looking a Little Different this Year?
We spend a lot of time talking to clients about their upcoming goals for the short, medium, and long term. Many involve some financial aspect:...
Dec 29, 2020
Kimberly S. Baker, CFP®
Predicting the Unpredictable
We’ve heard quite a few questions from clients about why the market is doing so well right now. Many feel that the stock rebound is overdone, or...
Looking for College Tuition Savings?
Autumn is the time of year when we think about the need to start raking leaves, watching baseball playoffs, and getting kids back in the school...
Overconfidence: There’s More to Thinking Than You Think
The concept of behavioral finance is a relatively new field of study that combines psychological theory with conventional economics. We may not...
Mental Accounting: There’s More to Thinking Than You Think
Cash is cash, right? But sometimes, we treat money differently depending on where it came from or what we intend to do with it. When that happens, mental accounting may be at play. Our next post in our behavioral bias series: There's More to Thinking Than You Think takes a look.
There’s More to Thinking Than You Think: Understanding How Biases Impact Decisions
In this series, we explore some of the most common behavioral biases to which people find themselves susceptible. Today we look at Loss Aversion.
