Retirement Blueprint

Why Smart People Make Bad Money Decisions


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About this episode

Why do experienced, successful people still make emotional investing decisions?

Even experienced investors can react emotionally during market volatility, panic during downturns, or make impulsive financial choices despite knowing the long-term strategy. Understanding how behavioral biases affect investing can help you build systems that reduce emotional decision-making.

In this episode of Retirement Blueprint, Glen Smith explores the psychology of money and the behavioral finance principles that influence investment decisions, including loss aversion, short-term bias, and social comparison.

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Disclosure

GDS Wealth Management is an SEC-registered investment adviser. This content is for educational purposes only and not personalized investment advice. Investing involves risk, including possible loss of principal. No strategy guarantees results. See Form ADV at adviserinfo.sec.gov.

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Retirement BlueprintBy GDS Wealth Management