You Review Your Investment Accounts…Too Often?

Invested Poorly: Sad Tales of FInancial Fails

Having a basic understanding of your finances and your overall investment strategy is the first step on the path to FI. The problem is, as time goes on, many investors feel obligated to make adjustments to, or “tinker” with, their plan—often unnecessarily.
The stories Jeff Harrell recounts in this episode may be some of the most relatable because it’s human nature to want to “scratch that itch” now and then by changing things up. The reason this is so prevalent with investing is because by making changes we feel more in control of our investments, when the reality is that none of us can control the financial markets.
Recognizing that success on your path to FI is determined by the decisions you make before you invest any money, will bring you one step closer to achieving it.
(Season 2 Episode 4)
Resource Mentioned in Episode:

• Retirement Researcher article, “Why Can’t ‘Winning’ Active Managers Keep on Winning?”

Other Episodes Referenced:

• Market Maven Predicts Next Stock Market Crash, Click Here…Nooo! (S1 E11)
• If You Are Worried About Running Out of Money…You Probably Won’t (S2 E10)
  

Podcast produced by Ted Cragg of QuickEditPodcasts.com
Music Credit: Dream Cave / Adventure Awaits / courtesy of www.epidemicsound.com