This weekend, I bought new shoes for two of our kids at a Nike Outlet store. When I got home, I told my wife what a “great deal” they were. The shoe boxes told the tale. In both cases, they showed a “suggested retail price” of $85 and listed “our price” at $64.99. But I […]
Ignorance definitely isn’t bliss when it comes to your investments, and yet we all seem to be hard-wired with blind spots, or as psychologists call them, behavioral biases. Here are some of the more common ways we tend to make irrational and unprofitable investment decisions. 1. Assigning too much value to the most recent news Try […]
