Can Money Make You Happy?
The relationship between happiness and income is complicated.
Investor Psychology Guide
SPENDING HABITS
Tightwads and Spendthrifts
Both of these extreme spending personalities suffer pain and guilt when faced with opening up their wallets.
GAMBLING & INVESTING
Are You a Gambler or Investor?
If you treat your portfolio as a gambling stake instead of a nest egg, the consequences can be dramatic.
SPECIAL REPORT
Be a Better Investor
Step one: Recognize -- and overcome -- the psychological hurdles that influence our behavior.
COMMUNITY
"... I think that being frugal is not the same as being a tightwad. They are more thoughtful about their spending- not to the point of getting anxious, but keeping in mind what is the return on the investment. Spendthrifts, if they have the income, can continue to live that way, just as long as the money does not run out." – Stainlesssteel
- Join the discussion: Are You a Tightwad or a Spendthrift?
- All Forums
Other Resources
MarketPsych's Investor Personality Test
This 60-item test from MarketPsych, a firm that studies investor biases, offers insight into your investing vulnerabilities and suggests how you can improve your financial decisions.
5 Books That Explain Investor Psychology
These reads help you understand how your brain works when you make financial decisions.
Sponsored Link
Your Mind, Your Money
Just Say No to Extras to Save Money
Don’t let tricky marketing ploys influence your financial decisions and get you to spend more.
Making Decisions
Think Like a Squirrel
Delaying a financial decision can help give the logical part of your brain a chance to kick in.
Investing Biases
Confirmation Bias
Our natural tendency to seek out others with similar opinions can be harmful to our portfolios.
Quizzes
Are You a Gambler or an Investor?
Do you buy and sell stocks for the thrill of gambling or for the purpose of investing? You can find out by taking this short quiz.
Investor Personality Test
This 60-item test from MarketPsych, a firm that studies investor biases, offers insight into your investing vulnerabilities and suggests how you can improve your financial decisions.
Videos
How to Beat the Status Quo Bias
Richard Zeckhauser, Professor of Political Economy at Harvard University, discusses the tendency to go with the flow and why it can harm your portfolio.
How Overconfidence Hurts You
Nick Barberis, Professor of Finance at Yale University, discusses how overconfidence in investing can hurt your portfolio in the long run.
Kiplinger Publications |
- Kiplinger's Personal Finance Magazine
- Kiplinger's Retirement Report
- The Kiplinger Letter
- The Kiplinger Tax Letter
- The Kiplinger Agriculture Letter
Subscription Products:
- Kiplinger's Mutual Funds
- Kiplinger's Retirement Planning
- Success with Your Money
Annual Special Editions:
More Information
- Media Contact
- Customer Service
- Employment
- Products
- Advertise
- About the Company
Kiplinger Washington Editors Inc.:
- Advertising
- Content Sales
- Reprints
- Photocopies
- Syndication
- Partnerships
- Subscriptions
Corporate Sales:
- Contact
- Privacy Policy
- Advertise
- Media Kit
- Partnerships
- Terms of Service
- Millennium Copyright Act
- Mobile Site
Kiplinger.com:
- Contact
- Give a Gift
- Reader Panel
- Digital Edition
- Advertise
- Media Kit
Kiplinger's Personal Finance Magazine:
