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What Leads to Investing Mistakes?
Manage episode 410638660 series 3347840
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Being a better investor doesn’t require you to spend hours and hours researching the latest trends and market data. The most important change people can make is taking emotions out of their decision-making. It’s much easier said than done, which is why we see people make these same emotional mistakes time and time again.
We’re excited to bring on Lee Hyder of Lee Hyder & Associates today to discuss this common challenge that pilots and other investors face when managing their finances. Why do we repeat these mistakes and what can we do to remove emotions from our investing? We’ll explore that in this video and provide you with some guidance on how to overcome this emotional pitfall.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:22 – Emotional investing
2:32 – Being active doesn’t mean more success
6:30 – Advice for pilots
9:00 – Watching someone make mistakes
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