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Endowment Effect

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Endowment Effect
Behvioral Finance

The Hidden Money Trap: How Confirmation Bias Sabotages Your Wealth Creation

Confirmation bias makes us see only what supports our existing belief and this mental bias can sabotage our wealth creation.
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Why We Overprice What We Own, how we loose money
Behvioral Finance

Why We Overprice What We Own (and How It’s Making Us Lose Money!)

I often hear from clients who feel frustrated that their old homes or vehicles are being underpriced in the market.
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