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Emotional Decision Making



One of the most difficult aspects of investing is the ability to make decisions unemotionally. No matter how aware we are of trying to avoid this, it still affects us.

I thought this was an interesting quiz from Charles Schwab. It highlights some of the problems we all have:

This Is Your Brain On Money

Emotional decision making is one of the things you won't learn about unless you actually invest real money. That is one of the benefits of being in an investment club. You can go through the learning experience without taking on all the risk yourself.

I thought you might find taking and discussing the results of the quiz an interesting activity for your investment clubs.

Laurie Frederiksen
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