Finance & Fury Podcast

Welcome to Finance and fury Financial-Crash proof your investments This is a flow on from the last Say What Wednesday, this episode talks about how to get yourself into a position to survive any market correction. We’ll cover off on the two types of volatile investments – Property and Shares; today’s episode will focus on Property, and in the next episode we will look at shares. What is a correction or crash? A decrease in prices, followed by mass hysteria and panic selling, which further decreases values Why prices go down? Something spooks the market – The market is just individuals like you When people get spooked fear sets in and with fear comes ‘myopic loss aversion’. While this is a technical term, but we all know the feeling – seeing investments go down in value doesn’t feel good so people sell to avoid further loss But what happens if you just don’t sell? Those that don’t sell haven’t realised losses Property Property investing is all about your finances and behaviours – property is just the v