NerdWallet's Smart Money Podcast

Behavioral Finance Mistakes That Hurt Your Portfolio and What “Good” Returns Look Like


Listen Later

Learn how behavioral biases impact your investments and what a “good” return from your portfolio looks like.


How do behavioral biases affect your investing decisions? What kind of returns should you expect from your investments? Hosts Sean Pyles and Elizabeth Ayoola discuss common psychological traps investors fall into and how to set realistic expectations for long-term portfolio growth. They begin by speaking with Behavioral Financial Advisor Yohance Harrison, founder of Money Script Wealth Management, about behavioral finance, with insights on anchoring bias, recency bias, and how emotional decision-making can hurt your investments. They also discuss strategies to counteract these biases, how long-term planning can override emotional investing, why patience is key to market success, and how robo-advisors can help you stick to your plan.


Then, investing Nerd Sam Taube joins Sean and Elizabeth to answer a listener’s question about whether their investment returns are on track. They discuss what a "good" return looks like, how different types of mutual funds impact performance, and when to consider adjusting your investment strategy. 


7 Best Mutual Funds for February 2025 and How to Invest: https://www.nerdwallet.com/article/investing/how-to-invest-in-mutual-funds 


In their conversation, the Nerds discuss: behavioral finance, investment biases, anchoring bias, recency bias, emotional investing, stock market psychology, long-term investing, short-term investing, market volatility, mutual fund returns, index fund returns, S&P 500 average return, risk tolerance, investment performance, robo-advisors, automated investing, when to sell stocks, how to manage investments, financial anxiety and investing, how to pick mutual funds, investment education, investment portfolio strategy, when to rebalance your portfolio, how to diversify investments, investment growth expectations, financial planning, how to avoid bad investments, investment risk management, and active vs passive investing.


To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected].


Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

NerdWallet's Smart Money PodcastBy NerdWallet Personal Finance

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

673 ratings


More shows like NerdWallet's Smart Money Podcast

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,187 Listeners

Money Girl by QuickAndDirtyTips.com

Money Girl

1,849 Listeners

Motley Fool Money by The Motley Fool

Motley Fool Money

3,178 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

779 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,992 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,535 Listeners

ChooseFI by ChooseFI

ChooseFI

5,115 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

663 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,068 Listeners

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing by Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!, Bleav

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

885 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,377 Listeners

Money Rehab with Nicole Lapin by Money News Network

Money Rehab with Nicole Lapin

1,631 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,352 Listeners

Wealthy After 40: Personal Finance, Budgeting, Retirement Planning, Savings, Spending, Financial Freedom, and How to Retire for Gen Xers by Dalene Higgins - Money Coach, Retirement Coach, CEO

Wealthy After 40: Personal Finance, Budgeting, Retirement Planning, Savings, Spending, Financial Freedom, and How to Retire for Gen Xers

28 Listeners

Smart Travel: Upgrade Your Getaways by NerdWallet Travel

Smart Travel: Upgrade Your Getaways

98 Listeners