Emotions That Drive Financial Decisions

Retirement Ready

What emotions are you prone to fall for when investing? How can you overcome the emotional grip? Making investment decisions based on emotions can cause your plan to not be successful. Today we’ll find out primary emotions to look out for and what to do about them.

Read more and get additional financial resources here: https://petersonfg.com/emotions-that-drive-financial-decisions/

What we discuss on this episode:

1:00 - Fun Fact: Apple has enough money to buy every major sports team in the world.

2:27 - Is greed good when investing?

3:58 - Are you investing with fear?

5:43 - Pride may cause you to do it yourself.

7:49 - Don’t dwell on guilt.

9:03 - Advisors are more detached from the personal emotions.