Icon Accounting is the best accounting firm in Dublin where we try to resolve the issue related to investment because, even the savviest of us make mistakes with investing – trading too often, refusing to sell losing stocks, or chasing past performance. These errors, and many more, are common among investors.
But psychologists and behavioral experts say many of them are deeply rooted in human nature, making them extremely difficult to avoid. Being aware of these behavioral flaws is the first stage to preventing them from hurting your finances, said Mr. Tsivrikos. He also advised investors to use diverse sources of information and get out of their “echo chambers”. Investors should discuss ideas with family or friends, and preferably with people who have differing opinions so that their views can be tested.
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