Managing Director of Behavioral Finance & Investing, Betterment
Dan Egan is the Managing Director of Behavioral Finance and Investing at Betterment. He has spent his career using behavioral finance to help people make better financial and investment decisions. Dan is a published author of multiple publications related to behavioral economics. He lectures at New York University, London Business School, and the London School of Economics on the topic.
Lifestyle Creep: The Biggest Threat to Financial Planning
Lifestyle creep can severely impact financial planning by spending more income over time than we plan on saving.
How Much to Save: Our Advice Guides You Towards Your Goals
A good financial plan has to adapt over time to be successful. Here’s how Betterment helps you do that.
How One Behavioral Scientist Optimizes His Monthly Cashflow
Take a look inside how Betterment’s behavioral scientist, Dan Egan, manages his monthly cashflow. Keep in mind, this is purely his method; not Betterment’s advice or suggestion.
How Does Betterment Calculate Investment Returns?
Understanding and using time-weighted and money-weighted returns within your Betterment dashboard.
Diversification: Winning the War by Losing Battles
Diversification involves knowingly accepting some individual losses in order to gain long-term returns.
What Our Investment Philosophy Means for You
Betterment’s investment philosophy plays a major role in how we help you make the most of your money. From this philosophy, we can derive five principles that we believe all investors should follow.
Our Evidence-Based Approach to Improving Investor Behavior
Betterment’s rigorous testing helps to ensure that we know what works (and what doesn’t) when it comes to improving design and investor outcomes.
Personal Investing Strategies Tailored For You
We’ve long tailored customer portfolios based on factors like goal type, and risk tolerance. Now, we’re further personalizing our advice at the level of the portfolio strategy itself.
How Disciplined Will You Be in the Next Downturn?
Every investor should have a fire-drilled plan for the next market drop because anticipating your own behavior is part of what makes you a better investor.
The Investment Strategy that Could Get You to Mars
The privatization of space travel—and the ambition of Elon Musk—means that Mars colonization might be closer than you think. If we’re to believe recent statements on cost, it is a surprisingly accessible goal with the right long-term saving strategy.