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Married with money: How to combine finances with your partner + MORE Dec 21st
If you’re in a relationship, the topic of money will eventually come up. Since the pandemic started, couples have spent more time talking about money, according to a 2021 RBC poll. Almost half—47%—identified finances as one of the biggest stressors in their relationship. One U.S. study found t.... More »
The best GIC rates in Canada for 2024 Sep 3rd
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Calgary council approves plan to revamp downtown with $200M initial investment - CBC.ca Apr 27th
Calgary council approves plan to revamp downtown with $200M initial investment CBC.caCity council approves initial $200M for downtown revitalization effort CTV TorontoCity council approves downtown plan with $200M investment Calgary HeraldCalgary city council approve.... More »
Ahsoka: Episodes 1 and 2 Review - IGN Aug 22nd
Ahsoka: Episodes 1 and 2 Review IGNAhsoka Episodes 1 & 2 Review: A Mixed Star Wars Opening ComingSoon.netEverything You Need to Know Before Watching ‘Ahsoka’ TechDiggFans Hold Their Breath For ‘Ahsoka,’ Hoping It Doesn’t Ruin 11 Years Of Character Inves.... More »
Who’s buying crypto in Canada, and why? + MORE Nov 19th
Despite crypto’s extreme volatility, nearly one in three Canadians (31%) said they planned to buy crypto assets in the next 12 months, according to a recent survey. And 11% said they definitely will.
The survey by the Ontario Securities Commission found that 13% of Canadians currently.... More »
3 Types of Cognitive Biases that Can Lead to Huge Investment Mistakes
– investitwisely.com
When it comes to investing, we’re all aware that what we don’t know can hurt us. That’s why we spend time doing research on stocks, ETFs, companies that are poised for strong long-term future growth such as those in the biotech field, green tech, unified communications solutions — and the list goes on.But sometimes, it’s what we think we know — but isn’t actually the case — that can hurt us even more. With this in mind, here are three types of cognitive biases that can, and often do, lead to huge investment mistakes and possibly a lifetime of regret:
Confirmation Bias
Confirmation bias refers to the tendency to filter out information that doesn’t align with a preconceived notion. For investors, this often manifests as overconfidence in their positions despite clear and convincing evidence to the contrary; that is until they invariably must face the harsh reality outside of their heads.
Loss Aversion
Loss aversion refers to the tendency to disproportionately prefer avoiding a loss vs…
Dow drops more than 1,000 points amid surge in COVID-19 cases Global NewsDow Jones falls over 1,000 points amid coronavirus pandemic scare Daily SabahDow plunges more than 800 points as pandemic fears rise Kitco NEWSTurnaround Tuesday? Stocks tend to bounce back quickly from market drops like this one CNBCCoronavirus panic deflates extreme bullishness in the stock market MarketWatchView Full coverage on Google News
