Navigating Investing during Novel Coronavirus: Behavioral Lessons for Advisors
How can advisors help their clients navigate these strange times? Behavioral finance provides a powerful lens to understand investor psychology right now, and how to help investors (and advisors) address common mistakes. In this session, three of Morningstar’s senior behavioral scientists, Sarah Newcomb, Ryan Murphy, and Steve Wendel share their insights and practical techniques.
This webinar will cover:
- How the pandemic can trigger investor decision making biases
- The emotions of the moment, and how to navigate them
- Tools to help investors thoughtfully evaluate their plan, despite these emotions and biases