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299 Pain from losing money is twice as strong compared to the joy felt from gaining money
Manage episode 356423588 series 2872239
Content provided by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It never feels good to lose something important in our lives. This is certainly true when it comes to our money – we don’t want to see its value going down, and yet it’s unavoidable due to volatility when it comes to investments.
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337 episodes
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Manage episode 356423588 series 2872239
Content provided by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It never feels good to lose something important in our lives. This is certainly true when it comes to our money – we don’t want to see its value going down, and yet it’s unavoidable due to volatility when it comes to investments.
In this episode, Dallas and Ali discuss our perceptions of losing money, how loss aversion affects us and what you can do about it so that you don’t make any hasty financial decisions.
For more information, please visit www.mo50.com.au
337 episodes
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Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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