Episode 20 - Step 8 – Manage Your Emotions
The 10 steps to a better investment experience isn’t about using leverage, beating the market, or using the best stock trades in the market. These things are often the packaged items you see in Wall Street products that’s marketed as a solution to meet your financial needs. The 10 steps are here to help you get a better investment experience through understanding how capital markets work and how to participate in them.
When it comes to investing, a lot of people struggle to separate their emotions. The markets go up and down and we can’t really do anything about it. If we become reactive and try to change our portfolio to accommodate new conditions then we are just hurting our investment strategy.
Learn more about managing your emotions in this podcast:
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