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Past Investment Performance Matters…Does it Really?
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Even though everyone knows past performance is no guarantee of future results, the allure of buying what you wished you’d owned tempts us all. This episode will help drive this point home further with examples of why heeding this advice is so important to successful investing.
Jeff Harrell also shares what three types of investment returns most people typically want to achieve and how most investors hold completely unrealistic expectations. He exposes the types of shady tactics some investment firms might use to prey on investors who are enamored with performance in the recent past.
You’re likely to come away from this episode with a realization that the question, “How did that stock do last year?” probably isn’t as helpful as you thought it was.
(Season 1 Episode 6)
Podcast produced by Ted Cragg of QuickEditPodcasts.com
Music Credit: Dream Cave / Adventure Awaits / courtesy of www.epidemicsound.com
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