Here are nine bite-sized posts describing human biases in decision-making. I also offer remedies for the biases to ensure better investing and better living. The Framing Effecthttps://lnkd.in/gA2YEDqP Action Biashttps://lnkd.in/g_-_b8vj Primacy Biashttps://lnkd.in/g5g87pWD The Paradox of Choicehttps://lnkd.in/gYateh4A The Sunk Cost Fallacyhttps://lnkd.in/gSkd9q6M The Decoy Effecthttps://lnkd.in/gJCqTWTq Availability Biashttps://lnkd.in/g9AQKA5M Overconfidence Biashttps://lnkd.in/g6z3NKdZ Confirmation Biashttps://lnkd.in/gv9nESUz

Thank you for your comments and questions on my posts. I’ve gathered the most frequently asked questions and provided my answers below. Q1: Will you recommend an investment book for young adults in my family? A1: Certainly! “The Psychology of Money” by Morgan Housel is perfect for those with minimal knowledge of money and investing.…

Diversify, Diversify, Diversify! Every investment book and guru will drill that into you. But, have you ever wondered why diversification works? And, when it does not? Here is an explanation using simple math. Imagine the stock market consists of only two stocks – Nike and Berkshire Hathaway. Let’s say you have $200,000 to invest in…

I posted 12 ideas to help investors evaluate their financial advisers and partner with them. Below is a recap. 1.      Check Out Your Adviser on the SEC’s Websitehttps://lnkd.in/gYimSr8c 2.      A Dozen Ways a Good Adviser Can Add Value for Youhttps://lnkd.in/gm6ywxwA 3.      Make Sure the Adviser Can Generate a Higher Return than You Can on Your Ownhttps://lnkd.in/gbhD_M2D 4.      Focus on…