4 checked facts

Finance

Everything on this site about finance — each one naming the study behind it.

You fear losing money more than gaining it.
Loss aversion is the tendency to prefer avoiding losses over acquiring equivalent gains, with a median loss aversion c…
You sell winning investments while keeping your losing ones.
The disposition effect is the tendency of investors to sell winning positions too early and hold onto losing positions…
You hold losing investments far longer than winning ones.
A 1985 study found that investors are significantly more likely to sell a stock that has gained value than one that ha…
You value money differently depending on where it came from.
A 1985 study found that people treat funds differently—and are more likely to spend 'windfall' gains—even when the amo…