Investors should be aware of tendencies that people have that may result in poor choices. These include avoiding selling assets at a loss because they weigh losses more than they weigh gains and investing in financial assets with which they are familiar, such as their own employer's stock or domestic rather than international stocks.
Standard detail
10.
Benchmark
Depth 1Parent ID: 0366723D9AD84F01B07FF797349E3BA1Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 10.
- List ID
- 10.
- Standard ID
- 7DC7841BD09D447B920DDB9958345F43
- ASN identifier
- S2604614
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 0366723D9AD84F01B07FF797349E3BA1
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US