Investment professionals can reduce the influence of behavioral biases by understanding a client's psychological biases, resisting the inclination to engage in irrational investor behaviors, and establishing disciplined investment strategies and trading rules.

Authors

• Person: Not available Organization: Financial Planning Association
  Understanding Behavioral Aspects of Financial Planning and Investing

Sources

• Understanding Behavioral Aspects of Financial Planning and Investing www.financialplanningassociation.org Financial Planning Association via serper

Referenced by nodes (1)

• psychological biases concept