Fear can be exhausting. But in this episode of My Next Move, your weekly financial podcast series, Michael Liersch says fear can also be a good thing. Specifically, when it comes to matters of money and investing. It’s pretty frightening to imagine losing all of your hard-earned money. Or any of it, for that matter. And that hesitation can hold us back and cause us to make unproductive financial decisions, or even worse, no decisions at all. But we can fight back against fear by using it to our advantage. Research tell us that people tend to perceive risk as bad. “What if I lose everything?” is a powerful sentiment. So, as Michael tells us, reframe all of those fears as opportunities. Make well-educated, measured decisions, but don’t be afraid to take risks. After all, they say with great risk, comes great reward and there’s nowhere that rings more true than in the financial world.

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