It is critical for financial advisers to help close the behavior gap by considering how they can keep their clients from making emotional investment mistakes.
So what exactly is the behavior gap? It's what happens when we let emotion get in the way of smart financial decisions. In other words, it's the distance between what we should do and what we actually do.
Most investors are no doubt familiar with the standard disclaimer “Past performance is not indicative of future results.” We know from working closely with individual investors for the past 20 years, however, that this compliance truism tends to stay… READ MORE ›
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