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The fewer choices you face, the fewer opportunities there are for errors. Therefore, one way to reduce the effect of bias on your financial well-being is to make fewer decisions.
Coreen Sol, senior portfolio manager at CIBC Wood Gundy in Vancouver and a former UBC Okanagan adjunct professor, spoke Tuesday at the annual FP Canada Financial Planning Conference about how clients’...
How to take behaviour out of financial decision-making. "When you write down the process, it makes you more accountable to it," says Coreen T. Sol, CFA