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Bouncing Back: Overcoming Investment Setbacks

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Manage episode 376921430 series 2712818
Content provided by Michael Schulte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Schulte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Almost everyone has made investment mistakes at some point. Even the most successful investors have regrets about decisions they’ve made in the past. But like everything else in life, it’s all about how you respond to a misstep.

In this episode, we’ll talk about how to bounce back from mistakes and avoid making them again in the future. Michael will share some numbers with us and walk us through the steps you need to take to get your investment plan back on track. The good news is there’s always time to make corrections and we’ll explain that today.

In this episode, we’ll discuss:

  • How we define an investment.
  • How to determine the cause of your mistake by asking yourself a few specific questions.
  • Let’s determine how much more you can save each month to make up for the losses.
  • Recalibrating your goals and identifying areas that you can make adjustments.
  • What a real plan consists of and how we help people get their future plans on track.

Learn more: https://caffeinecashflow.com/

Contact Michael:

https://www.westpacwealth.com/team/michael-schulte [email protected] 702-767-4897

  continue reading

87 episodes

Artwork
iconShare
 
Manage episode 376921430 series 2712818
Content provided by Michael Schulte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Schulte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Almost everyone has made investment mistakes at some point. Even the most successful investors have regrets about decisions they’ve made in the past. But like everything else in life, it’s all about how you respond to a misstep.

In this episode, we’ll talk about how to bounce back from mistakes and avoid making them again in the future. Michael will share some numbers with us and walk us through the steps you need to take to get your investment plan back on track. The good news is there’s always time to make corrections and we’ll explain that today.

In this episode, we’ll discuss:

  • How we define an investment.
  • How to determine the cause of your mistake by asking yourself a few specific questions.
  • Let’s determine how much more you can save each month to make up for the losses.
  • Recalibrating your goals and identifying areas that you can make adjustments.
  • What a real plan consists of and how we help people get their future plans on track.

Learn more: https://caffeinecashflow.com/

Contact Michael:

https://www.westpacwealth.com/team/michael-schulte [email protected] 702-767-4897

  continue reading

87 episodes

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