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Do You Make These Mistakes When You Invest?

Do You Make These Mistakes When You Invest?

FromRetirement Answer Man


Do You Make These Mistakes When You Invest?

FromRetirement Answer Man

ratings:
Length:
27 minutes
Released:
May 4, 2014
Format:
Podcast episode

Description

Over the last 20 years studies show that the average investor greatly under performances the stock and bond markets.  Why do investors underperform virtually every capital market?

In this week's episode, I speak with Weston J. Wellington a Vice President with Dimensional Fund Advisors about how you can make smarter investment decisions and possibly improve your investment success. Mr. Wellington is an expert in behavioral finance and investing with over 35 years of experience in the investment industry.
We discuss:

How the daily diet of investment news can hurt your investing success
Why it's nature to want to know what will happen next in the investment markets
The affect our ingrained "fight or flight" response has on our investment decisions during stressful market periods
Why your behavior as an investor can be the biggest determinate of your investment returns
Why this time is not "different"
Like living a healthy lifestyle, investing is not complicated it is just hard to do consistently
Why using a competent Financial Advisor can help you make smarter investment decisions
How an investor can increase their chance of having a successful investment experience
Why you should ignore most market information and news driven investment predictions

Resources Discussed

Dimensional Fund Advisors
Random Walk Down Wall Street
Weston Wellington Articles Surprise! No Sell of in 2013, "You Have to Be in Gold", He Called the Crash
Released:
May 4, 2014
Format:
Podcast episode

Titles in the series (100)

A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, AIF® guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com