If you see everyone moving in one direction, how likely are you to change your own direction? Furthermore, will you even realize why you are doing it?
In this episode of the Planning For Life Podcast, Russell Jacobs discusses human bias and how these biases can impact the financial industry on both a personal and global scale.
In this episode, you will learn:
– What the different types of biases are when it comes to your finances
– How you should react when facing each type of bias
– How each bias affects the market
– The importance of creating a plan and maintaining it
– And more!
Listen in to learn about behavioral biases and how they can impact the financial industry.