If market fluctuations stress you out and cause you to make irrational financial choices, you're not alone. It is only human to let emotions get in the way and give in to biases.
In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, and Zach Binzer, CFP®, help you understand how you can destress your investment experience and become a more disciplined investor. Tune in to understand common behavioral finance traps, how they translate to investor results, and solutions for reducing investing anxiety.
Rachel and Zach share more about:
- How mental biases impact our financial decision-making (with examples)
- Eye-opening statistics that show the risks associated with “timing” the market
- The value of seeking objective input and behavioral coaching from a financial advisor
- How risk tolerance evaluation and stress testing can reduce investor anxiety
- And more
Resources:
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