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.
With unemployment at its highest level in generations and whole sectors struggling, is the stock market really correlated to the economy?
If you’ve left a job recently, what are your options for your old 401(k)?
If you are short on cash, when does it make sense to tap into your retirement accounts?