Money4Life™

38: Objectives-Based Decision Making With Finances


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Today’s investors are overloaded with information on market performance. In this episode, you’ll learn why it is imperative that you tune out the noise, and refrain from buying or selling under pressure. Most importantly: always let your objectives lead your investing. Rick and Teresa suggest the first thing that all investors need to do is DEFINE their overall objectives. An objective decision is one which is not influenced by one's personal feelings, perspectives, interests and biases. Filter out any investments or investment decisions that are not aligned with achieving your objectives. Remember, risk, which causes loss of capital, is the most important thing to avoid.

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Money4Life™By Teresa Kuhn & Rick Sapio

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