Listen "What To Do When Markets Are "Bad""
Episode Synopsis
Financial markets are scary… and we humans make decisions largely based on our current emotions. Mixing those two things together, and you get a toxic concoction. Investing should be based upon us acting on our own rational and intellectual thoughts, but it hardly ever is… So rather than staring at markets and making emotional decisions, what can we actually do to better the outcomes of our financial situations? More specifically, I discuss: How to "check yourself" when markets are volatile and declining What investments you probably shouldn't have Using bad markets to get rid of tax inefficient investments Recency bias Buy out the government's share of your retirement account at a lower cost How to take less risk going forward in order to pursue your retirement income goals Buy low, sell high For the links and extras mentioned in the episode, please visit the show notes page at retiredishpodcast.com/6
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ZARZA We are Zarza, the prestigious firm behind major projects in information technology.