Ep 492 - Investors' behavioural biases, crowdfunding and financial planning week
On this week's episode, Damien discusses seven of the main behavioural biases that can affect your investment decision making and hurt your investment returns. Damien also explores crowdfunding, the potential rewards, risks and examples of crowdfunding successes and failures. Finally, Andy looks at financial planning week and the free tools and advice that are available for those wanting to sort their finances.
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00:00 - Celebrating 15 Years of Money to the Masses 02:43 - Understanding Behavioral Biases in Investing 19:46 - Mitigating Investment Biases for Better Decisions 20:13 - Understanding Crowdfunding: An Overview 21:02 - Types of Crowdfunding Explained 23:27 - How Crowdfunding Works 24:05 - Potential Rewards of Crowdfunding 25:40 - Risks Involved in Crowdfunding 28:03 - Behavioural Biases in Crowdfunding 30:28 - Final Thoughts on Crowdfunding 30:44 - Financial Planning Week Overview 31:00 - Get a Free Financial Review
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