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Exam CWM_LEVEL_2 All Questions
Exam CWM_LEVEL_2 All Questions

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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 54 Topic 9 Discussion

CWM_LEVEL_2 Exam Topic 9 Question 54 Discussion:
Question #: 54
Topic #: 9

Section A (1 Mark)

After originally investing Rs10,000 and selling your investment for Rs 12,000, you reinvest the total amount and tell yourself that you will not be concerned if you lose Rs 2,000 in this new investment. You are likely demonstrating which type of judgment error?


A.

Mental accounting


B.

House money


C.

Regret aversion


D.

Sunk cost fallacy


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