Listen "With Everything Going on in The World Right Now, Why Would I Invest?!"
Episode Synopsis
Our emotions impact our investing decisions when it comes to the stock markets. In this episode, I share a thought experiment to help you understand how to make your investing decisions. More specifically, I discuss: With everything going on in the world, why would anyone still invest in the stock market? When fear and uncertainty are at a peak, how do I go about making investment decisions? Thought experiments to go through before reacting What Crisis have we been through in recent history? What advances have we made in recent history? What really is "the stock market"? Factual data regarding the US stock market over the past several decades Resources: Access Show Notes HERE Free 4-Step Retirement Analysis for Ages 50+ Ask Cameron A Question! The key moments in this episode are:
00:00:00 - The Current State of Affairs
00:01:26 - Reacting to Fear and Uncertainty
00:03:11 - Fears in Retirement
00:06:27 - Reflecting on Investment Goals
00:10:11 - The Role of Facts
00:14:53 - Probability of Positive Returns Over Time
00:16:14 - Importance of Best Days in the Stock Market
00:17:17 - Potential Downturns and Long-Term Returns
00:18:03 - Importance of Reevaluating Goals and Financial Plans
00:18:51 - Conclusion and Call to Action
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