What if I like or dislike anything?

01:17 Mins Read

The emotional aspect of investing and how to understand it properly.

Transcript

What if I like or dislike anything? Everybody wants to be safe and secure when they want to use their hard earned money. To do so, investors sometimes overly analyse something and for their personal preferences. Sometimes this critical thinking leads to biases based on human psychology, which often lead to decisions that may not be so good for investing financial resources. This leads to people forming their attachments to certain invests and also dislike some. Attachment bias is associated with a sense of belonging whereas dislike bias or regret descent bias reduces a person's ability to reason rationally and blur their vision. This can either put investors at risk or negatively encourage them to take risks they should not take. In both ways, risk landing bias hurts business. To invest approprately we need to understand these in detail. We also need to learn about maximum limits and who all are included in these sections. Don't worry we are here to help you. Read about importance and journey of biases in investment on Smart Money by Angel Broking and put it to actionable use.

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