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MoneyTalk: avoiding the anchoring effect

MoneyTalk tells you what you need to know to manage your investments better.

In this clip, Dan Lane explores how an anchoring bias can affect your investment decisions and why it pays to keep it in mind when you plan ahead.

Transcript - Investing? It’s all in your head

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Important information

The value of investments and the income from them can go down as well as up, so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.