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The Emotional Side of Investing
Manage episode 418531705 series 2643505
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Have you ever felt a rush of excitement when your investments soared, or a pang of fear when they plummeted? You're not alone. Emotions can play a powerful role in our financial decisions, sometimes leading us astray from our long-term goals. In this episode, we’ll dissect the emotional undercurrents that can influence our investing behavior.
Here’s some of what we discuss in this episode:
- Too many times, greed comes from a misunderstanding of returns.
- You need a portion of your investment portfolio to generate consistent income.
- Fear and panic drive people to act emotionally instead of logically.
- Several people come in and rely on hope to get them to retirement.
- How pride can get in the way of your financial success.
Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/
Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin
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