Behavioral Finance: Strengthen Your Portfolio Using Investor Psychology
Often lurking behind our financial decisions is something called investor psychology. We humans are typically emotional by nature, and by that nature, we have innate biases that can lead to poor decisions. We seek security in most aspects of our lives, and financial security is among the top concerns for most of us. However, there are times when we can be our own worst enemies, acting on instinctive behavioral biases that impact our decision-making. When it comes to our financial security and investing, the natural volatility of the stock market can easily lead us to be susceptible to making […]
Spring Cleaning Your Investments: The Importance of Rebalancing Your Portfolio
As the seasons change and the days grow longer, it’s not just your living space that could benefit from a bit of spring cleaning—your investment portfolio might also need some attention! Rebalancing your portfolio is a crucial step in maintaining its health and aligning it with your financial goals. In this article, we’ll talk you through the importance of spring cleaning your investments through portfolio rebalancing, explore how market fluctuations can impact your asset allocation, and provide insights into how you can go about a successful portfolio spring cleaning.
