How to be a Better Investor

We have some tips to build wealth, and help you spot the pitfalls to avoid as you make money

Ruth Saldanha 26 August, 2020 | 12:34AM
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Investing is about more than money. If cash was all there was to it, there would be no need for personal finance. The problem often is that we focus more on the ‘finance’ part, and less on the ‘personal’ part.

Human behaviour, the way we respond and react to life around us, plays a very important role in how we do everything, including how we interact with money. Because of this, we often carry biases and unsuitable behaviours into our investing lives as well.

This series aims to help with some of that. Through this series, we will explore the parts of our ingrained behaviours that make us greedy or fearful. We will help you recognize destructive behaviours so you can avoid them, and help you identify positive actions that will help you make your money work for you.

You can access the whole series here. You can also check out individual episodes here:

Episode 1: Present Bias
Learn how to picture your goals so you can better reach them

Episode 2: Land, Labour, Capital
If you want to stop labouring, you need more land and capital!

Episode 3: Financial Services Vs Financial Products
How do you tell which is which? And why does it matter?

 

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About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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