Beware the "Ostrich Effect" When It Comes to Your Financial Health

Money is already kind of a taboo topic, and when financial times are bad, we tend to ignore it even more. Researchers call this the “ostrich effect,”

August 25, 2015 · 1 min · 61 words · Angela Hill

We define the Ostrich Effect as avoiding apparently risky situations by pretending they do not exist

When it comes to investing, the ostrich effect can work a little differently.

Youre also more prone to make careless mistakes on your returnones that could result in costly penalties.

Check out the study and the rest of the post at the link below.