Rotate the wheel to see the emotional results of checking your investments too often!
Your chance is % to see a gain
That’s roughly a good-to-bad ratio
Typically this is how you feel
Because you gain Units of Emotion*
While you lose Units of Emotion
*Prospect Theory states that for every good result a person sees, 1 Unit of Emotion is gained. But, when a bad result is seen, 2 units are lost, since a loss has twice the impact. Excessive checking can therefore lead to stress…leading to poor decisions. Someone might even abandon a plan as successful as the one used in this wheel’s calculations:
Period invested = 20 yr | Annual return = 15% | Volatility per annum = 10%. After the period, an initial $100,000 investment would total $1,636,654. The examples contained herein are for illustrative purposes only. Source: Fooled by Randomness: The Hidden Role of Chance in Life and the Markets, by Nassim Nicholas Taleb. Publisher: W. W. Norton & Company (October 2001) ISBN-10: 1587990717
Calculation assumptions (period invested = 20 yrs, annual return = 15%,
volatility per annum = 10%) should not be taken to represent the historical
or future performance of any product managed by Bridgehouse.
Bridgehouse and its sub-advisors have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and its sub-advisors are not responsible for any errors or omissions contained herein.
Désignation de Faible risque carbonique de Morningstar®
La désignation de Faible risque carbonique (Low Carbon Designation™) de Morningstar est attribuée aux portefeuilles qui affichent un faible score de risque carbonique ainsi qu’un faible niveau d’exposition aux combustibles fossiles. Ces portefeuilles doivent avoir un score de risque carbonique inférieur à 10, et, selon leur composition moyenne lors des 12 derniers mois, moins de 7 % des actifs qu’ils contiennent doivent être liés aux combustibles fossiles.