Sex, food, money... and the impact of emotional decisions

In this engaging conversation with Romanian financial educator, writer, podcaster and YouTuber, Victor Vulpescu, Paul covers a wide variety of investor issues you likely may not have heard before in this way. He talks about his own life as “a series of opportunities and mistakes” and addresses the pitfalls of thinking “You only live once” and other ways investors trip themselves up with emotional-based decisions. They also cover such topics as:

• The up and downside of using leverage to reach your goals
• The importance of balance and habits
• The best time to invest
• Dollar cost averaging versus lump sum investing
• Market volatility and risk management
• Market timing and regrets
• When to rebalance your portfolio
• How to know when you have enough to retire

And much more.

According to Victor, although Romania's Main Stock Exchange was founded in 1882, only 1.5% of Romanians invest in the stock market, compared to 50% in the U.S. He says Romanians are more comfortable buying apartment houses as they are perceived as less risky and less volatile. Additionally, with the availability of just ETFs in UCITS format, they have less investment options. However, Victor is committed to providing his fellow Romanians with sound investing information. In addition to Paul, Victor has recently interviewed Larry Swedroe, Meb Farber and Rick Ferri. He also offers an eBook and course for beginning investors and personal coaching. You can find all this at his website, translated from Romanian as “Intelligent Investor”: https://victorvulpescu.ro/

This “Sound Investing podcast is also available to watch as a video at this link: https://www.youtube.com/watch?v=o9qxyLlam6c