Cognitive and emotional biases can have a big impact on your financial life. Each episode of Financial Decoder looks closely at one financial decision--and the biases that might cloud your judgment and cost you money. Host Mark Riepe, head of the Schwab Center for Financial Research, decodes the behavioral and psychological factors at play and shares strategies designed to improve the way you approach financial crossroads. Other experts join Mark to provide their unique perspective on behavioral economics, portfolio management, retirement planning, personal finance and more.
As investors eye rising prices, are there ways to manage a portfolio that can offset some of the effects of inflation?
Mark sits down with Choiceology host Katy Milkman to discuss some of the barriers to change in her new book How to Change.
It’s normal for aging investors to experience at least some cognitive decline. Are you taking the right steps to prepare your finances for the future?