Retirement
from24/7 Wall St.
3 days ago"If a 2% Market Move Makes You Question Your Retirement Plan, You Don't Have One"
A solid retirement plan should withstand market fluctuations without panic selling or strategy changes.
The investment decisions people make are often influenced by cognitive biases that can lead to irrational decisions or behavior contrary to personal financial goals. Cognitive biases, like the status quo bias, showcase a tendency to prefer existing circumstances over change.