Lunchtime Takeaway: The cost of bad decisions

We’re committed to making your practice better, so all this month, we’re delivering you a daily takeaway.

Today’s takeaway is…

The cost of bad decisions

Bad investment decisions cost your clients. This chart compiled by Jemstep shows how a client’s perceptions of stock market expertise can lead to portfolio losses. Since a key part of the advisor’s job to keep investors on the straight and narrow, and show them they’re not always experts, this graphic provides a useful illustration.

Want more? Check out:The high cost of bad investment decisions

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.