Is Your Personality Holding Back Your Investing?

What your MBTI personality type and other characteristics say about your financial style

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Nov 12, 2019, 14:49 ET

SUNNYVALE, Calif., Nov. 12, 2019 /PRNewswire/ -- Your behaviors are influenced by your personality. But what about how you invest your money? The Myers-Briggs Company is teaming up with Online Trading Academy (OTA) to give potential investors a better understanding of how your psychological makeup could be helping, or derailing, your personal investment choices. The webinar, titled Psychology of Investing with Myers-Briggs®: What does your MBTI® personality say about your investing style?, will be live-streamed through OTA's YouTube channel and The Myers-Briggs Company's Facebook page on November 19, 2019 at 10AM PT/1PM ET.

Your behaviors are influenced by your personality. But what about how you invest your money? The Myers-Briggs Company is teaming up with Online Trading Academy (OTA) to give potential investors a better understanding of how your psychological makeup could be helping, or derailing, your personal investment choices. The webinar, titled Psychology of Investing with Myers-Briggs®: What does your MBTI® personality say about your investing style?, will be live-streamed Nov. 19, 2019 at 10AM PT/ 1PM ET

The webinar addresses a trend of people wanting to be more proactive with their investments instead of handing their money to a financial manager. "People want to be more hands on, but let's face it: investing can be intimidating," said Justin Arneson, senior research & data scientist at The Myers-Briggs Company. "Some people are afraid they'll be too cautious and miss out on opportunities, while some are afraid they'll be over-confident and make reckless decisions. This webinar aims to empower investors through self-awareness."

"Traders and investors can agree that trading is 75% psychology. Therefore, understanding your personality preferences can significantly impact your results for better or worse," said Merlin Rothfeld, instructor and market strategist at Online Trading Academy.

Understanding your personality can help you better manage your investments
How you choose to invest is a behavior and like most behaviors, your investing style, strategy and strengths and blind spots can be tied back to your personality tendencies. In fact, parts of your personality that may influence investing include things like risk-aversion, self-control, and flexibility. Tools like the MBTI and CPI™ personality assessments help you understand your natural tendencies and identify opportunities for development.

In addition, your MBTI personality type also plays a role in how you take in market information, how you make decisions like when to buy and sell investments, what causes you might want to invest in, and more.

"Knowing more about your own personality is like holding up a mirror to your own financial mindset. You can see how your perception differs from others and understand which parts of your personality are really serving you when making investment decisions. And which behaviors are holding you back," said Arneson.

To help both new and seasoned investors increase their self-awareness, the webinar will be available to the public on the OTA YouTube Channel and The Myers-Briggs Company's Facebook page on November 19, 2019 at 10AM PT/1PM ET.

About The Myers-Briggs Company
In our fast-changing world, your edge lies in harnessing 100 percent of your talent – whether you're at work, home, school, college, or anywhere in between. Your success and sense of fulfillment aren't just about what you know and what you can do, they hinge on your relationships and interactions with others. The Myers-Briggs Company empowers individuals to be the best versions of themselves by enriching self-awareness and their understanding of others. We help organizations around the world improve teamwork and collaboration, develop inspirational leaders, foster diversity and solve their most complex people challenges. As a certified B Corp (and a registered California Benefit Corporation), The Myers-Briggs Company is a force for good. Our powerfully practical solutions are grounded in a deep understanding of the significant social and technological trends that affect people and organizations. With over 60 years in assessment development and publishing, and over 30 years of consultancy and training expertise, a global network of offices, partners and certified independent consultants in 115 countries, products in 29 languages, and experience working with 88 of the Fortune 100 companies, we're ready to help you succeed.

+1 800.624.1765 : themyersbriggs.com : The Myers-Briggs Company

Contact:
Michael Burke
MSR Communications
[email protected]
415-989-9000

Melissa Summer
The Myers-Briggs Company
[email protected]
650-691-9105

About Online Trading Academy
Online Trading Academy (OTA) is a world leader in education for investors looking to build life-changing skills designed to help make the right moves in the financial markets. OTA's patented Core Strategy is designed to help educate traders and investors to make smarter investing decisions. Students learn under the guidance of experienced traders in an interactive classroom setting with extensive online education resources. The courses are geared toward individual investors or traders, novice or experienced, who want to learn how to use similar tools and trading techniques as the professional traders on Wall Street. From a single location in Irvine, CA, Online Trading Academy has expanded to more than 48 worldwide campuses, and over 500,000 people have attended OTA's free half-day introductory class.

Contact:
Kristina Corso
Hot Paper Lantern
212-931-6189
[email protected]

SOURCE The Myers-Briggs Company