Is more information better?

To a point, yes. Beyond that point, no. Studies show that information overload can harm decision-making, especially if it is not in your area of expertise. Excessive information levels increases anxiety and frustration, which causes the brain to shift activity from the prefrontal cortex (rational segment of the brain) to the brain stem (fight or flight segment of the brain). To combat that problem, pause and filter the information you receive: controlling your information flow can improve decisions. WealthStep is designed to be your source to help filter unnecessary information and focus on the most important information and decisions, thereby reducing pitfalls and mistakes.

Supporting research: Research includes that by Angelika Dimoka ot Temple University, and Sheena Iyengar of Columbia University.