The psychology that can lead investors to make bad financial decisions

PeopleImages/ShutterstockSay you buy shares in a company. The price climbs and months later you sell for a healthy profit. Ask why it worked, and the answer is often some version of “I made a good call”. Now imagine the trade had lost money instead. Would you be as quick to blame your own judgment? Many of us wouldn’t. We may point to bad timing, a jittery market, anything but ourselves.

The UK autumn budget: why the chancellor’s options are limited

The autumn budget looks set to be a cautious affair. It is not expected to spark the kind of Labour party enthusiasm that Andy Burnham has enjoyed in his first three months as prime minister.

In that short time, Burnham has promised not to shy away from tackling the big issues facing the UK, such as social care, weak economic growth and the effects of Brexit. He says he also wants to offer immediate and tangible help to those who are struggling with the cost of living.

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