The stock market has been soaring. Both the Dow Jones Industrial and S&P 500 indexes have more than doubled since their lows during the 2008-2009 financial crisis and are now approaching their all-time record highs. Understandably many investors are beginning to feel more optimistic about their financial futures. For some, the financial and emotional damage unleashed by the crisis has receded into distant memory. However, for those of you considering increasing exposure to stocks, make sure you are doing it for the right reasons, not simply because you “feel” more confident about the future of the markets.
Behavioral finance is …Read More