The pain of loss, is much greater than the satisfaction of gains!

Did you know that the average person hates losing roughly twice as much as they get satisfaction from making the same or equivalent amount of a gain? A well-known experiment carried out by Kahneman and Tversky involved asking people if they would accept a bet based on the flip of a coin.

The danger of overconfidence when it comes to investing!

Did you know that almost 90% of all drivers think that they are better than average (Swedish Psychology Journal, Acta Psychologica, Aug 24, 2011). A similar figure applies to the anticipated success of new business start-ups.

Introductory Blog Published on April 15, 2017

Hi, I’m Paul, a Certified Financial Planner from Co. Mayo. I’m married with 5 grown-up children, 2 living abroad and 3 still in college and believe it or not, I’m still alive!