Best In Wealth - Best Practices For Real People, Investments, Retirement Planning, Money Management, Wealth Building, Financi

Financial discipline is imperative to the success of your long-term investments. But your behavioral biases can get in the way of that long-term success. Biases allow you to be short-sighted and you forget about the big-picture consequences of your actions. What are some of those biases? How do you avoid them and make sound investment decisions? I talk about 6 behavioral biases in this episode of Best in Wealth. Don’t miss it![bctt tweet="6 behavioral biases can negatively impact your long-term investments. What are they? Find out in this episode of the Best in Wealth podcast! #wealth #retirement #investing #PersonalFinance #FinancialPlanning #RetirementPlanning #WealthManagement #Behavior" username=""]Outline of This Episode[1:07] Leave Best in Wealth a review![2:13] Personal + financial discipline[4:28] The definition of discipline[7:13] Behavior #1: Herding Behavior[9:30] Behavior #2: Overconfidence[11:48] Behavior #3: Myopic Loss Aversion[13:29] Behavior #4: Recency Bias[16:05] Behavior #5: Home Market Bi