INVTGEN056 5 Psychological Traps Hurting Your Investments (517 words)

This article explores the influence of behavioural biases on investment decisions and offers practical strategies for managing these biases to achieve better investment results.

Market trends aren't the only factors affecting your investment portfolio—behavioural biases can significantly impact your returns.

These psychological tendencies, like confirmation bias and herd mentality, often lead to poor investment decisions.

Behavioural biases are mental shortcuts or blind spots that can mislead us, even when our choices seem rational.

Understanding the most common biases and their impact on our investment decision-making is crucial for achieving the best possible returns.