Goldstein on Gelt: How Much Do Emotions Affect Your Investment Choices?

Are you comfortable with your investment decisions? Is your comfort level affected by your gender?

Doug Goldstein, CFP®, director of Profile Investment Services Ltd., and Dr. Kate Levinson, author of Emotional Currency: A Woman's Guide to Building a Healthy Relationship with Money and a licensed family therapist, discuss why women seem so uncomfortable with investment decisions. Dr. Levinson shares how she tries to encourage women to take an interest in their financial situations. She explores how emotion can cause an investor to make a poor financial decision. Listeners will also learn how emotions can be an effective tool in investing.

Is “loss aversion” costing you more than you think?

Doug reviews an interview with Nobel Prize winner Daniel Kahneman on the topic of loss aversion. He explains loss aversion and offers some preventive measures to avoid it. Listen to the original interview on the GoldsteinOnGelt website