We have heard a lot of negative information lately – about economies, debt levels of governments, unemployment. This can affect our very human decision making – as we become pessimistic and forecast that the gloom will go on. This is called ‘recency bias’ and it can get your retirement plan seriously off course. Listen here where Jason McIntyre of CFRA’s Business at Night and I discuss recency bias and how to keep it in check so you don’t become a ‘buy high, sell low’ investor.
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