Anchoring bias in investing | How anchoring bias affects investment decisions | Scripbox
Anchoring bias, in financial context, is the tendency of investing in financial instruments based on an initial piece of information, which acts as an anchor. This bias can lead to potentially incorrect financial decisions, which might derail you from your financial goals. Invest with Scripbox, and don't let biases get in the way of your growth.
Watch this video to see how anchoring bias affects your decision-making in mutual funds investment. For more information on mutual funds investment strategy and the best mutual funds to invest in 2021, subscribe and stay tuned to Scripbox.
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Disclaimer: Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
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