Are You an Emotional Investor?

Keeping emotions separate from your financial decisions should be everyone’s goal but is it easier said than done? Let’s take a look at the most common forces driving those decisions and how it can impact your retirement plan.

 

Show notes and additional resources: https://retirementelevatedpodcast.com/podcast/are-you-an-emotional-investor/ 

 

Today's rundown: 

1:16 – We’re talking emotions and decision-making on the podcast today.

1:39 – What kind of emotions typically drive financial decisions? Is fear and greed the main ones?

2:27 – We want to help you take a logical process to make decisions based on facts.

3:03 – Marc’s brother has been reacting a lot to the market movement recently. Is that something Sean has been seeing from clients as well?

6:20 – When the market drops, your dividends essentially are bargain shopping.

7:02 – Are there any times where it’s appropriate to factor in emotions?