Behavioral Finance Video by Jay Mooreland, MS, CFP®
You may be familiar with the term asset allocation, which is how we divide up our assets (stocks, bonds, cash etc.). Attention allocation is how we divide up our attention.
Paradox of Abundance
The paradox of abundance states that there is a tradeoff between quantity and quality. The greater the quantity of a good or resource, the less its quality.
As investors, we are faced with a limitless quantity of market commentary and predictions, much of it conflicting. We are often left wondering which one will actually transpire…