Discover how anchoring impacts financial decisions and investing. Learn key concepts and examples of this behavioral finance term.

Guest essayist Amber Hunt writes that most people think they make rational financial decisions. But they don't.

Let’s have some fun and start off with a little quiz. Take out pen and paper and write down the answers to the following two questions: (1) How old are you? (2) How many people worldwide died in major ...

Our subconscious mind will use almost anything to "help" us think and make decisions. Be alert or be led astray.. Source: Shutterstock Want to make better decisions? Be alert to the troublesome ...

Behavioral factors can adversely affect investment decisions. A study by Morgan Stanley revealed that the average U.S. investor received about 55% of the potential returns from a balanced portfolio ...