Monday, 15 January 2018
Wednesday, 10 January 2018
Economists use the term 'utility' to explain behaviour - essentially it relates to the benefit you gain from buying or selling something. People are simply expected to 'maximise their utility' - in other words, do things that make them feel better off.
That basic principle works pretty well - but when it comes to investing, the new discipline of behavioural economics has found that it is all a lot more complicated.
Tuesday, 9 January 2018
Happy New Year to all DIY investors!
The DIY Income Investor portfolio has done OK during 2017 - but a number of poor investment choices held back the overall total return.
So - how to make better choices in the New Year?