When you think of building wealth and creating a sustainable financial future, you likely imagine the numbers of your bank account acquiring more commas. To get those commas, you anticipate having to ...

Investment decisions are among the most important life choices a person can make. They may determine where your children will be able to go to college, when you’ll be able to retire and the type of ...

There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...

Advisers who can combine their investment expertise with an understanding behavioral finance offer an unbeatable combination of skills. Financial advisers are smart people, well-versed in the various ...

Understanding behavioral finance and economics can greatly improve your investing success. Two classic anomalies to be aware of are the quality-minus-junk anomaly and the disposition effect. The ...

Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior. Traditional finance theory assumes that investors make ...

Women face particular challenges when it comes to navigating the world of financial planning and investing with confidence, whether caused by behaviors more common to them or the way the wealth ...

In the few weeks since the House of Representatives passed the bipartisan Secure Act, there has been an outpouring of impassioned and polarized opinions about how Americans should best save for ...

Investors are prone to risky behavior during market downturns and TDF glide paths should protect against these shifts, says a portfolio strategist with Charles Schwab. Pulling assets out of a defined ...

In This Episode, You’ll Hear... In This Episode, You’ll Hear... You can listen to this and other episodes of the Big Picture in Practice podcast by Morningstar on all major streaming platforms. You ...

Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.