How overconfidence can make you poorer
And other psychological aspects of investing
- Applies to shares, property, fixed interest etc
- Which gender?
- Overconfidence leads to:
- Too little diversification
- Frequent trading
- What to do instead.
- Many women have their own problem — too little risk
- Other ways emotions affect investing
Mary Holm is a freelance journalist, a director of the Financial Markets Authority and Financial Services Complaints Ltd FSCL, a seminar presenter and a bestselling author on personal finance. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.