external-link
Skip to content
  • Français
    • Getting startedLearn about the stock market, investment types, and how to get started.
    • Understanding riskLearn about the risk-return relationship, risk tolerance, and why it matters.
    • Building your investing strategyYour investing strategy is personal. Learn about asset mix, active versus passive investing, and more.
    • DIY investingDo-it-yourself investing or self-directed investing is when you build and manage your own investment portfolio.
    • Psychology of InvestingMake better financial decisions by learning about behavioural insights.
    • Working with an advisorA financial advisor can help you choose investments and manage your portfolio.
    • Tracking your progressLearn how to track your investing progress and see how you're doing.
    • Rules and regulationsRegulators protect investors in Canada by setting and enforcing securities rules.
    • Community outreachOSC in the Community takes the OSC's mandate from Bay Street to Main Street.
    • AnnuitiesAnnuities are an investment that can generate a steady income in retirement.
    • BondsBonds are an investment that generate interest after a fixed period of time.
    • Crypto assetsCrypto assets are digital investments with different opportunities and risks.
    • ESG investingESG investing allows you to choose investments that align with your priorities.
    • ETFs (exchange-traded funds)These funds hold a collection of investments and are traded on a stock exchange.
    • GICs (Guaranteed investment certificates)GICs guarantee a specific rate of return over a short period of time.
    • Mutual funds & segregated fundsMutual funds pool multiple investments into a fund owned by many investors.
    • Pension & savings plansDifferent kinds of workplace pension plans provide retirement income.
    • Real estateBuying a home is a way to invest your money and diversify your portfolio.
    • StocksStocks give you equity in a company, and are traded on a stock exchange.
    • More complex investmentsComplex investments have potential for high reward, but also higher risk.
    • RDSPPeople with disabilities can save with a Registered Disability Savings Plan.
    • RESPSave for your child's education with a Registered Education Savings Plan.
    • RRIFYou open a Registered Retirement Income Fund with funds from your RRSP.
    • RRSPA Registered Retirement Savings Plan grows your savings tax free until you retire.
    • TFSAA Tax-Free Savings Account helps you save for any goal, tax free.
    • Bank accountsChequing and savings accounts can help you manage your short-term needs.
    • BudgetingA budget can help you manage your spending, saving, and plan for the unexpected.
    • Life EventsLearn about how your financial needs may change at different stages of life.
    • Making a planHaving a plan can make it easier to make the right investing decisions for you.
    • Managing debtDebt shouldn't get in the way of your saving and investing. Learn how to manage it.
    • Personal insurancePersonal insurance coverage can help protect you and your loved ones.
    • RetirementPlanning for retirement helps you determine how much to save and where.
    • Running a small businessImprove your financial knowledge for your business and your personal life.
    • Saving moneyKeep your financial goals on track by saving some money each month.
    • Understanding taxLearn more about how tax filing and tax deductions work.
    • Wills and estate planningPreparing a will and estate plan ensure your final wishes are taken care of.
    • Types of fraudLearn to spot and avoid frauds and scams.
    • Making a complaintKnow your options for making a complaint.
    • Reporting fraudIf you suspect you've been a victim of fraud, report it immediately.
    • Checking registrationAlways check the registration of anyone trying to give advice or sell investments.
    • Investor warnings and alerts
    • CalculatorsPractice calculating compound interest, savings, debt consolidation, and more.
    • Quizzes and toolsCheck your knowledge of scams, behavioural biases, and other financial tools.
    • WorksheetsTry our downloadable tools to help you plan and budget.
    • VideosOur videos show you the basics of investment types, frauds to watch for, and more.
    • Investing chartsSee the impact of market ups, downs, and more based on historic data.
    • Research & reportsDive into groundbreaking research to better understand retail investor behaviours, attitudes and experiences.
    • Investing introductionIf you’re new to Canada or investing visit our multilingual site for more information in 23 languages.
    • Investor NewsStay informed about the latest investor initiatives, educational resources, and warnings/alerts.
    • Investing questionsFind unbiased answers to your investing questions from a trusted source.
  • Investing Academy

GetSmarterAboutMoney.ca

Français
When autocomplete results are available use up and down arrows to review and enter to go to the desired page. Touch device users, explore by touch or with swipe gestures.

Home / Tools & calculators / Videos / What is confirmation bias?

What is confirmation bias?

Share

  • Share to Twitter
  • Share to Facebook
  • Share to LinkedIn
  • Share to Reddit
  • Share via Email

Confirmation bias is the tendency to favour information that confirms your existing beliefs. Find out how this can impact your investments.

Last updated May 28, 2024

Videos

Articles in this section

Articles read
What is a TFSA?
What is an RRSP?
How to spot & avoid recovery room scams 
What is compound interest?
What are your investing goals?
What’s your risk profile?
How can you reduce investing risk?
What are behavioural biases?
What is loss aversion?
What is confirmation bias?
What is herd behaviour?
How to prepare for a financial emergency
8 red flags of crypto fraud
How to avoid AI voice scams
How to spot & avoid long-haul scams
How to spot & avoid romance scams
How to spot & avoid crypto scams
How to spot & avoid grandparent scams
What's a finfluencer?
What is ESG investing?
What is greenwashing?
4 signs of investment fraud
Stocks 101: What is a stock?
Bonds 101: What is a bond?
Appointing your Trusted Contact Person in Canada
Investing during inflation
Saving during inflation
ETFs 101: What is an ETF?
RESPs 101 Part 1: What is an RESP?
Mutual funds 101 Part 1: What is a mutual fund?
RESPs 101 Part 2: What types of RESPs are there?

Feedback Survey

This field is for validation purposes and should be left unchanged.
Not likely
Would you recommend this content?(Required)
Not likely Extremely likely

Post navigation

Back To:
Previous: What is loss aversion?
Up Next:
Next: What is herd behaviour?
GetSmarterAboutMoney.ca

Connect with us

Facebook Twitter Youtube Instagram
  • About Us
  • Contact Us
  • Investor News
  • Media
  • Glossary
  • OSC in the community
  • OSC Website
  • Terms of use
  • Privacy Policy
  • Accessibility policy

Brought to you by the OSC Investor Office

This website is provided for informational purposes only and is not a source of official OSC policy or a substitute for legal or financial advice. We recommend that you consult with a qualified professional advisor before acting on any information appearing on this website. For details, please see our full Terms of Use and Privacy policy

© Ontario Securities Commission 2026

Go back to top Reference Only