Fear of loss can cause individuals to be hesitant to take financial risks, while greed can lead individuals to make risky investments in pursuit of high returns.

Authors

• Person: Not available Organization: NextGen Financial Planning
  The Psychology of Personal Finance - Next Gen Financial Planning

Sources

• The Psychology of Personal Finance - Next Gen Financial Planning www.nextgenfinancialplanning.com NextGen Financial Planning via serper

Referenced by nodes (1)

• greed concept