WealthBeing

Ep. 3 - Investing mistakes you don’t have to make


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Start talking about or researching investing and you’ll be bombarded with strategies to get the highest returns, tips about timing the market, and opportunities to get in on the “next big thing.”For most people, investing is both mentally and emotionally taxing. On this episode of WealthBeing, Travis is sharing the strategies he uses to help his clients make the best, stress-free investing decisions to reach their goals and avoid making costly mistakes. 

 

:45–Money Problem:Travis’ client was dealing with the worry of unpredictable markets and global economies. 

3:40 – Our co-hosts examine common investing mistakes:  

  • obsessing about investment activity; 
  • making investment decisions under highstress; 
  • focusing too much on fads; 
  • putting off investing until later; 
  • being improperly diversified; 
  • ignoring inflation; 
  • only focusing on negative news; 
  • trying to time the market; 
  • takinginvestment “tips” from friends and family; 
  • taking the wrong risks; 
  • letting fear take focus from investing; 

21:45– Weekly Financial Fix. Travis gives you a challenge that will de-stress you investing experience. 

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WealthBeingBy Island Savings - Valley First - Envision Financial - Enderby & District Financial | Divisions of First West Credit Union