https://www.chenk.top/en/tags/behavioral-finance/Recent content in Behavioral Finance on Chen Kai BlogHugoenThu, 28 May 2026 09:00:00 +0000https://www.chenk.top/en/personal-finance/06-portfolio-practice/Thu, 28 May 2026 09:00:00 +0000https://www.chenk.top/en/personal-finance/06-portfolio-practice/<p>After five articles of theory, the question I keep asking myself is embarrassingly simple: okay, so what do I actually DO with my money now?</p> <p>I can recite that stocks have higher expected returns than bonds. I know that compound interest is powerful. I understand that diversification reduces risk without necessarily reducing return. I can explain the difference between a money market fund and a bond fund, and I know that index funds generally outperform actively managed ones over long horizons.</p>