When it comes to investing, we need to be aware of the biases that influence our decision making. Read our free 7-step guide to get started investing in Australia: Ted Richards is the Director of Business Development at Six Park, and a former Sydney Swans AFL premiership player. In this video, he shares with us five of the emotions that can play tricks on our brain when we're managing our investment strategy.
🌐 Helpful links and resources
Step by step guide to investing in shares:
How to reduce your investment risk:
A beginner’s guide to investing in exchange traded funds (ETFs):
💸 The emotions that put your investments at risk
0:17 #1 Loss Aversion
0:37 #2 Confirmation Bias
1:00 #3 Present Bias
1:38 #4 Recency Bias
2:12 #5 Hindsight Bias
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