Emotions That Lead Us Astray
On this episode, we discuss fear and greed, and how these emotions detract from our decision-making skills. We talk about the guys who bought up all the sanitizer and weigh in on the effects of greed and fear on our investment decisions. Tom and Don also look at a few different stocks/bonds portfolio options and how important it is to pay attention to the expense ratio. Don’t listen to the brokers! Don’t back out too soon either because as we show you today, after every big crash portfolios start rising very soon after.
Market fluctuation in relation to crises and the value of not watching it too closely.
How 60/40 portfolios recovered three years post crashes.
Building your portfolio based on risk tolerance and needs instead of the market.
Friday: a free interactive class called Retirement Investing in Turbulent Times.
The value of having the right type of bonds in your portfolio to anchor finances.
The guy who resold sanitizer and how the market gets negatively affected by fear and greed.