Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 100: Not So Smart Things Even Smart Investors Do
31 minutes Posted May 26, 2022 at 1:04 pm.
Welcome back on Tyler
Our topic today
Mental accounting
Regret Aversion
Loss Aversion
What steps can you take to improve?
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31:15
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Show notes
Market downturns elicit emotion. Emotional investors are more apt to make poor investment decisions. Time and again this is proven. Lather. Rinse. Repeat. Or get educated and break the cycle...
 
Listen to Tyler Emrick, CFA, CFP stand in for Kevin and describe some common behavioral issues even smart investors often must overcome. Got a case of 'get-even-itis' (loss aversion)? Or perhaps a case of 'no-decision-itis (regret aversion)?' Look at an inheritance differently than money you worked for? 
 
Listen to these and more to be informed and help overcome behavioral hurdles that can harm your wealth. 
 
What we discuss in this episode: 
 
 
 
Read more and get additional financial resources here: https://www.truewealthdesign.com/podcast/