Andy Reed: How inertia shapes financial decisions
Reed covers a wide range of behavioral and investor psychology themes in the interview, including: Tracing behavioral roots: Vanguard’s ties to behavioral economics go back to Jack Bogle’s early interest in the psychology of investing. That foundation later informed initiatives like the 2002 Save More Tomorrow program to bring behavioral insights to retirement-saving design. Reducing rollover cash: Rollover IRA assets often stay uninvested because investors misunderstand the process, delay making choices, or assume IRAs work like 401(k)s with automatic investing. ….[READ]
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