Retirement Answer Man

Do You Make These Mistakes When You Invest?

Listen Later
Over the last 20 years studies show that the average investor greatly under performances the stock and bond markets.  Why do investors underperform virtually every capital market?

In this week's episode, I speak with Weston J. Wellington a Vice President with Dimensional Fund Advisors about how you can make smarter investment decisions and possibly improve your investment success. Mr. Wellington is an expert in behavioral finance and investing with over 35 years of experience in the investment industry.

We discuss:

  • How the daily diet of investment news can hurt your investing success
  • Why it's nature to want to know what will happen next in the investment markets
  • The affect our ingrained "fight or flight" response has on our investment decisions during stressful market periods
  • Why your behavior as an investor can be the biggest determinate of your investment returns
  • Why this time is not "different"
  • Like living a healthy lifestyle, investing is not complicated it is just hard to do consistently
  • Why using a competent Financial Advisor can help you make smarter investment decisions
  • How an investor can increase their chance of having a successful investment experience
  • Why you should ignore most market information and news driven investment predictions
    • Resources Discussed
    • Dimensional Fund Advisors
    • Random Walk Down Wall Street
    • Weston Wellington Articles Surprise! No Sell of in 2013, "You Have to Be in Gold", He Called the Crash
      • ...more
      View all episodesView all episodes
      Download on the App Store
      Retirement Answer ManBy Roger Whitney, CFP®, CIMA®, RMA, CPWA®
      • 4.6
      • 4.6
      • 4.6
      • 4.6
      • 4.6

      4.6

      1,197 ratings

      More shows like Retirement Answer Man

      View all
      The Stacking Benjamins Show by Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

      The Stacking Benjamins Show

      1,994 Listeners

      Jill on Money with Jill Schlesinger by Audacy

      Jill on Money with Jill Schlesinger

      1,950 Listeners

      Sound Retirement Radio by Jason Parker

      Sound Retirement Radio

      455 Listeners

      Your Money, Your Wealth by Your Money, Your Wealth

      Your Money, Your Wealth

      813 Listeners

      Retire Sooner with Wes Moss by Wes Moss

      Retire Sooner with Wes Moss

      460 Listeners

      Retirement Starts Today by Benjamin Brandt CFP®, RICP®

      Retirement Starts Today

      542 Listeners

      The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

      The Retirement and IRA Show

      755 Listeners

      Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

      Big Picture Retirement®

      547 Listeners

      Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

      Stay Wealthy Retirement Podcast

      695 Listeners

      The Long View by Morningstar, Christine Benz - Director of Personal Finance and Retirement Planning, Ben Johnson - Head of Client Solutions, Amy Arnott - Portfolio Strategist

      The Long View

      940 Listeners

      Ready For Retirement by James Conole, CFP®

      Ready For Retirement

      826 Listeners

      The Rob Berger Show by Rob Berger

      The Rob Berger Show

      205 Listeners

      Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

      Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

      590 Listeners

      MoneyWatch with Jill Schlesinger by CBS News

      MoneyWatch with Jill Schlesinger

      427 Listeners

      Retirement Planning Education, with Andy Panko by Andy Panko

      Retirement Planning Education, with Andy Panko

      1,074 Listeners