Moolanomy
Personal Finance. Investing. Wealth Building.

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The Economic Crisis And Recency Bias

With the current economic crisis in full swing, it’s easy for us to fall into the recency bias trap.  In psychology, the recency effect is the tendency to remember more recent events or observations more vividly and give recent information more weight than historical information. Unfortunately, this recency bias could cause you to abandon your [...]

thumb Everything You Ever Wanted To Know About Asset Allocation

Asset allocation is an investing a strategy for maximizing gains while minimizing risks in your investment portfolio. It involves diversifying your assets among different broad categories of investments, such as equity, fixed income, and money market, etc.  By reducing your investment risks, you’re in a better position to meet your financial goals.
How Asset Allocation [...]

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