3 Ways to Make Better Investment Decisions

by Elle Kaplan | Sep 20, 2016 | BDE, Investing

If we could all put our emotions on completely on hold, we’d become better investors. The logical, smart decisions are often the complete opposite of where our feelings lead us. But since we’re all human, this can seem like a tall order at times. However, there...

How to Manage the Risk of Investing

by Elle Kaplan | Sep 19, 2016 | BDE, Investing

Although it can be uncomfortable at times, much of your success depends on your ability to take the right risks. The importance of risk-taking is especially prevalent in investing, where risk is directly associated with the ability to preserve and grow your wealth....

How Recency Bias Can Affect Your Success in Investing

by Elle Kaplan | Sep 13, 2016 | BDE, Wealth Management

There’s nothing like a blizzard to drive up demand for snow tires. The inverse is also true: the longer it’s been since an event took place, the less likely we are to believe it will happen in the near future. This effect is known as the recency bias, and it can...

Some Reasons Why You Might be Bad at Investing

by Elle Kaplan | Aug 24, 2016 | BDE, Investing

Nobody’s perfect, and this is a truism when it comes to investing. In fact, studies show that even the majority of money managers are unable to beat indexes like the S&P 500. With that in mind, consider these reasons that could be tripping you up and throwing off...

2 Ways Your Emotions Can Harm Your Investments

by Elle Kaplan | Aug 10, 2016 | BDE, Investing

When it comes to your wealth, emotions can be very harmful. Although it’s fine to make an occasional purchase based on emotions, feelings often innocuously steer us towards danger when it comes to the stock market. But just like you can become more confident or less...