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Ep 66: Emotional Damage - Stay Logical
Manage episode 326844752 series 2524031
There are people out there that have strong emotions when it comes to their money. They may panic and want to sell everything when the market takes a dip and want to buy when a stock price is at its peak. This is the opposite of the simple investing rule "buy low and sell high." Instead of trying to market time, we want to invest for the long term. Taylor and Brad will discuss some of the situations they have seen when somebody wants to emotionally invest and why it's so important to stay logical through all of this.
Important Links:
Taylor's Website: https://www.fikeadvisors.com/retireasapshow
Get Taylor's Book: https://amzn.to/3p60DIp
Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map
Call: 330-264-1100
81 에피소드
Manage episode 326844752 series 2524031
There are people out there that have strong emotions when it comes to their money. They may panic and want to sell everything when the market takes a dip and want to buy when a stock price is at its peak. This is the opposite of the simple investing rule "buy low and sell high." Instead of trying to market time, we want to invest for the long term. Taylor and Brad will discuss some of the situations they have seen when somebody wants to emotionally invest and why it's so important to stay logical through all of this.
Important Links:
Taylor's Website: https://www.fikeadvisors.com/retireasapshow
Get Taylor's Book: https://amzn.to/3p60DIp
Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map
Call: 330-264-1100
81 에피소드
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