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The Impact Anchoring Bias Can Have on Your Financial Affairs # 400

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Manage episode 366993029 series 2353242
Content provided by Steve Cordasco. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Cordasco or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Anchoring bias can place a disproportionate amount of merit on something you hear or read. It can shape how you make future judgements, and it can have a negative effect on everything from the purchases you make to the success of your financial planning. Today, John Walker, Regional Vice President, Mercer Advisors, further explains anchoring bias in greater detail and how to avoid it.

Listening Time: 20 minutes

Mercer-Cordasco Disclosure Information

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Additional Mercer Advisors Disclosure Cordasco Financial Network is a tradename. All services provided by Cordasco Financial Network investment professionals are provided in their individual capacities as investment adviser representatives of Mercer Global Advisors Inc. (“Mercer Advisors”), an SEC-registered investment adviser principally located in Denver, Colorado, with various branch offices throughout the United States doing business under different tradenames, including Cordasco Financial Network.

Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning document preparation and other legal advice are provided through Advanced Services Law Group, Inc.

  continue reading

101 episodes

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iconShare
 
Manage episode 366993029 series 2353242
Content provided by Steve Cordasco. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Cordasco or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Anchoring bias can place a disproportionate amount of merit on something you hear or read. It can shape how you make future judgements, and it can have a negative effect on everything from the purchases you make to the success of your financial planning. Today, John Walker, Regional Vice President, Mercer Advisors, further explains anchoring bias in greater detail and how to avoid it.

Listening Time: 20 minutes

Mercer-Cordasco Disclosure Information

Visit Our Website

Join Our Email List

Additional Mercer Advisors Disclosure Cordasco Financial Network is a tradename. All services provided by Cordasco Financial Network investment professionals are provided in their individual capacities as investment adviser representatives of Mercer Global Advisors Inc. (“Mercer Advisors”), an SEC-registered investment adviser principally located in Denver, Colorado, with various branch offices throughout the United States doing business under different tradenames, including Cordasco Financial Network.

Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning document preparation and other legal advice are provided through Advanced Services Law Group, Inc.

  continue reading

101 episodes

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