Introduction

Have you ever focused on one investment that has lost money while ignoring your other investments? Or sold winning investments instead of the losers just so you didn't have to accept the loss?

How do you behave when it comes to decision-making? Do you spend a long time thinking over every single decision? Are you sometimes afraid of making the wrong decision?

Answers to the questions can help you understand the concept of loss aversion and analysis paralysis and how it influences your finances. Take control of your finances with our free financial audit checklist.