Finance & Fury Podcast

Repress, suppress, invest! Check your emotions at the door

Informações:

Sinopsis

Welcome – Today we're talking about controlling your behaviours and emotions...when it comes to investing Investing is an action, controlled by behaviours – emotions change your behaviours. Getting a good investment midframe allows you to invest well for the long term. How to start investing and not muck up – This means controlling your fear more than trying to control investments – Can’t control what investments do short term Fear is an emotion – Which stops you from investing Starting is the hardest part – Getting the right fame of mind and overcoming fear But staying motivated and on track is just as hard Life gets in the way – and new things happen in your personal life as well as market ups and downs How to start? “Needs-based” plans – ignoring your emotions Hard to know – “you don’t know what you don’t know” What are you trying to achieve? – If you don’t know your reasons to invest, you can’t answer this Long term growth? Passive income? How will you achieve this? Strategies and investment o