Sometimes it seems like it is easy to make money in financial markets. These are the times when we should become hyper-aware of our own abilities and weaknesses. Many people have the tendency to think that because their investments have increased in value that they, themselves, are good investors. This is simply not true, and the next bear market they encounter can bring that to light. Long-term investors win, but short-term speculators fail time and time again. Today, we will discuss:

1. Our tendency to be overconfident in our abilities

2. How overconfidence impacts investment performance

3. How to avoid becoming overconfident

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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in for more personal finance concepts. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)