In our recent lunch and learn Zoominar, Bob Schmidt gave us some tips for how to become better investors. Here, I skip ahead to one of his best, most practical ideas.
Click Here to Use the Wheel of Investor Emotion
Watch Video on A Phenomenal Portfolio
He will walk through an example of “prospect theory,” which is a common emotional behavior we all have that yields an expensive mistake for many investors. You might want to find a few minutes to check it out!
And, a second idea, you could jump right ahead to the tool Bob mentions in the video called the “Wheel of Investor Emotion.” If you would like a printed copy, just reply or send a note to your financial planner and we will send it to you!
As always, we thank you for your trust, and we welcome questions you may have about the investment landscape or your portfolio.
Listen to Episode 53 HERE
In this 20 minute podcast, we’ll help you get motivated to plan your own elegant, dignified departure and not leave it to chance. We share some real-life stories and show how planning for the end of life is completely different than you might think.
About Karl Frank: https://www.assetsandincome.com/our-team/karl-frank