A Quick Stock Market Lesson
In this video I describe an important stock market lesson you should learn and remember.
In this video I describe an important stock market lesson you should learn and remember.
I made a short video showing you exactly how you can overcome the hardwired biases that can cheat you, including the huge mental trap that even Warren Buffett has to fight.
Now is it a great time to reflect on your life and find ways to improve upon it. Why not try to live the best life you can? One way to live your best life is using the power of compounding.
It is officially gut check time.
So, I’d like to tell you a story about two investors who lived through a bear market and how their decisions during the correction affected their lives ever after.
Do you know why bear markets happen?
Or what you should do during them?
It’s easy to lose focus in the chaos of a bear market. In fact, behavioral economists say we’re primed to look for the negatives after a market downturn.
When that happens, we tend to seek out more negative information. When we find it, we start to feel threatened. It’s human nature.1
You know what can help?