In this episode, I'm joined by Carl Richards, a Certified Financial Planner (CFP®) and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. This episode originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for your investing strategy.

Listen now and learn:

• How investors fall victim to the behavior gap

• What it means to do real financial planning

• The best way to avoid "The Big Mistake"

To see the original show notes, YouTube interview, and resources visit this page: EP 100: What Real Financial Advice Means with Carl Richards.

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

TIMESTAMPS:

(04:30) What is the Behavior Gap?

(07:45) Why Investors Get Distracted

(11:05) What Investors Need When Markets Are Scary

(17:30) Real Financial Planning

(24:30) Getting Ahead vs. Having Enough

(30:00) The Value of a Real Financial Advisor