Fear-Based Investing…Never a Good Idea (S3 E10)
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S3 E10: One trait that’s nearly universal among investors is fear. Given the inherent uncertainties in investment outcomes, investors frequently seek strategies that promise a higher degree of control over their portfolios. These strategies range from simple to complex trading methodologies, as well as various insurance-based investment products. Buyer beware!
Jeff Harrell has observed numerous attempts by investors to "protect" their investments using stop-loss orders, annuities, option trading, and more. Although such strategies appear advantageous in theory, their practical implementation often yields unexpected and disappointing results. As you will hear him reiterate, if something seems too good to be true, it probably is.
Rather than attempting to eliminate fear, investors must learn to manage fear by accepting volatility— which will likely lead to superior long-term results.
(Season 3 Episode 10)
Other Episodes Referenced:
- Saver or Investor…Which One Are You? (S1 E3)
- I’ll Wait to Invest When the Stock Market Pulls Back…Why? (S1 E7)
Podcast produced by Ted Cragg of QuickEditPodcasts.com
Music Credit: Dream Cave / Adventure Awaits / courtesy of www.epidemicsound.com
40 episodes