B$D :

41: Day 10: How to Become a Better Investor

By
March 12, 2019

We all tend to believe the flashing headlines on our television screens, but when it comes to the market they’re almost always wrong. No one has the ability...

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We all tend to believe the flashing headlines on our television screens, but when it comes to the market they’re almost always wrong. No one has the ability to time the market, not even journalists, but how do we avoid buying into the screaming propaganda? Today Kate Stalter shares how to avoid buying into our own biases, how to ignore the top headlines, and the most refutable sources for better investing. Tune into this episode of Better Money decisions if you want to learn how you can become a better investor. 

Show Highlights: 

  • News highlights that impact todays market 
  • Why you shouldn’t trade based on news 
  • The motive behind news channel headlines 
  • Avoiding buying into confirmation bias 
  • The worst thing you can do during a market downturn 
  • How mistakes can devastate retirement 
  • Why you shouldn’t use media as a tool for investing 

Links: 

“7 Behavioral Biases That May Hurt Your Investments” by Kate Stalter, US News & World Report 

https://money.usnews.com/money/personal-finance/mutual-funds/articles/2015/05/26/7-behavioral-biases-that-may-hurt-your-investments 

Our proprietary Financial Wellness For Life program 

https://bettermoneydecisions.com/financial-wellness-for-life/ 

Register for upcoming webinars and get your no-obligation portfolio review: 

BetterMoneyDecisions.com/webinar 

Contact Better Money Decisions: 

(844) 507-0961 Extension 700 

WeCanHelp@bettermoneydecisions.com 

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