Identify Behavioral Biases in Investing

You plan to save for retirement but often withdraw money from your savings account to fund vacations and entertainment. What bias is influencing you?

• Self-Control Bias

• Status Quo Bias

• Recency Bias

• Conservatism Bias

You stick with your current portfolio allocation, even though market conditions suggest you should rebalance. What bias is this?

• Status Quo Bias

• Self-Control Bias

• Conservatism Bias

• Recency Bias

You invest heavily in a start-up because you believe it will succeed, ignoring potential risks. What bias is this?

• Optimism Bias

• Overconfidence Bias

• Herd Mentality

• Confirmation Bias

You avoid selling a poorly performing mutual fund because it was given to you by a family member. What bias is influencing you?

• Endowment Effect

• Sunk Cost Fallacy

• Status Quo Bias

• Framing Effect

You think you're a great investor because your portfolio has outperformed the market, ignoring external factors like luck. What bias is this?

• Self-Attribution Bias

• Overconfidence Bias

• Recency Bias

• Hindsight Bias

You refuse to invest in sectors you're unfamiliar with, even if they have good potential. What bias is this?

• Familiarity Bias

• Home Bias

• Endowment Effect

• Status Quo Bias

After hearing about a coworker's success in crypto investments, you decide to invest in cryptocurrency without research. What bias is this?

• Herd Mentality

• Availability Bias

• Optimism Bias

• Confirmation Bias

A stock performed exceptionally well last month, so you invest heavily in it, assuming it will continue to do so. What bias is this?

• Recency Bias

• Overconfidence Bias

• Status Quo Bias

• Conservatism Bias

Despite having sufficient savings, you decide to delay investing because it feels safer to keep your money in cash. What bias is this?

• Status Quo Bias

• Self-Control Bias

• Loss Aversion

• Recency Bias

You ignore advice to increase your contributions to a retirement fund, choosing instead to spend on immediate pleasures. What bias is this?

• Self-Control Bias

• Status Quo Bias

• Conservatism Bias

• Recency Bias