Obvious Financial Moves That Aren’t Always So Obvious
Manage episode 375117912 series 2643505
All the statements we’re going to talk about on the show today are all commonsense items that pretty much no one would disagree with on the surface. But for some reason, our actions often don’t line up with the obvious strategies. Let’s talk about why that is and what we need to do to stay on track.
Here is some of what we’ll discuss on today’s show:
- Why is it so difficult for investors to follow the strategy of buying low and selling high?
- Investors don’t think of a down stock market as a sale like they would when shopping normally.
- What can you do to avoid paying more in taxes than you have to?
- How can you keep costs and fees down so you don’t eat into returns?
- An example of why diversification is so important.
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