Why do most people invest incorrectly?
People Are Influenced by Society (Herd Behavior)
Comprehensive research has repeatedly shown that real estate gives much lower financial returns than a simple total market ETF or index fund and the allocation of part of your investment abroad can decrease your risks and increase your returns. However, when considering investments, individuals are highly influenced by the society, especially authority figures (like parents) to invest in a specific asset (e.g. real estate) or to not...
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