This week's blogpost - https://bahnsen.co/3ZA5XY7

Setting Realistic Expectations in an Exceptional Market Year

In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings discusses financial expectations with his guest, Blaine Carver. They reflect on memorable personal experiences from sports events and how these relate to setting realistic expectations in investing. They emphasize the importance of understanding average returns, the atypical nature of recent market performance, and the necessity of calibrating expectations to avoid disappointment. They also stress the value of long-term investment strategies and prudent financial planning, touching upon the potential for mean reversion in markets. The episode is a rich blend of practical advice, market insights, and thoughtful anecdotes.

00:00 Welcome to the Thoughts on Money Podcast

00:32 Dodgers Game Adventure

02:14 Hockey Game Experience

03:25 Setting Realistic Investment Expectations

05:46 Understanding Market Performance

09:15 The Importance of Financial Planning

13:18 The Power of Compounding and Long-Term Investing

27:22 Closing Remarks and Holiday Wishes

Links mentioned in this episode: