Discussing the Laws Of Investing, Part 1

Stop to consider why you do what you do. Now, consider why you make the financial decisions you make. Are you following these laws of investing (knowingly or not)? This is part one of that discussion.

Check out the full show notes by clicking here. 

You can also access the Laws of Investing PDF mentioned during the show here.

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Today's rundown:

2:26 - “The Laws of Investing” has many topics worth considering based on a number of theories about investing.

4:31 - These influences can have an impact across all investment sectors, this is really about human behavior.

7:02 - You have to diversify your portfolio.

7:43 - Law #1: Optimism and pessimism is always going to overshoot.

8:57 - Volatility will always be there, so don’t let it scare you.

11:26 - Education provides a peace of mind.

11:57 - Law #2: Calm plants the seeds of crazy.

14:57 - Stability is actually destabilizing.

16:22 - Understand the signs of a scary time, but know it doesn’t always lead to one.

20:47 - People are worried about a recession, but looking at the data, being invested at the beginning of a recession, the returns are better than if you got out.