Emotions color your views on investing. In fact, all investing is emotional, says Chris White, CFA, a wealth manager of 25 years and a senior portfolio manager at Hemenway Trust Company LLC, a wealth management firm in Salem, N.H. In Working With the Emotional Investor: Financial Psychology for Wealth Managers, published by Praeger in 2016, White and co-author Richard Koonce explain how emotional triggers can influence investment decisions. “Do you get nervous when the market has rollercoaster days or do you tend to take periodic volatility and market corrections in stride?” White said. -- and family dynamics can both consciously and unconsciously influence your investing behavior as an adult and remain throughout your life.

Source: Forbes March 04, 2017 15:01 UTC