What are the economic and financial system early warning signs that we should heed rather than get caught up in fearmongering? When should we start to worry about ballooning budget deficits, the national debt, a currency collapse, or the stock market? Topics covered include: Signals to monitor to see if things are falling apart How much government debt is too much and why interest rates are key Why central banks don't control the stock market Why the dollar remains dominant, … [Read more...]
341: How to Overcome Investing Fears
Investing without fear can be difficult. Here are seven ways to manage fear in order to improve your investing. As well as how fear can be beneficial. Topics covered include: Why fear can be both helpful and harmfulWhy expected investment returns are lower from a year agoWhat are the drivers of asset class returnsWhat is a bucket approach to investing and why it can be helpfulWhat are ways to automate investingWhy getting an investment second opinion can be valuableWhy we can never … [Read more...]
145: People Like Us Invest Like This
Our view of the world dictates how we should and should not invest. In this episode you'll learn: Why financial markets are getting more risky and unpredictable. Why the economy and financial markets are not simple machines that can be controlled. How to invest in a ceaselessly creative, radically unpredictable world. Why we could be experiencing a regime when it comes to indexing and ETFs that might mean using non-indexing strategies. Show Notes Uncertainty - … [Read more...]
139: Are You Making Fear-based Financial Decisions?
How to design a life, pursue a career, and build financial security without acting out of fear. Photo by Rosalyn Post In this episode you'll learn: How engagement and energy are key clues in planning your life. The value of speaking with others who are already living the life you are considering. The difference between growth-based decisions and fear-based decisions. Show Notes Designing Your Life: How To Build a Well Lived Joyful Life by Bill Burnett and Dave … [Read more...]
MNY099 Plus: Timing Housing Cycles
This week on Money For the Rest of Us Plus we discuss housing cycles and why supply and demand matters. We also address why we should never consider the current worst case scenario as a level that can never be breached. Finally, we explore why we need to look at objective data to make less emotional investment decisions and find the right balance between the excessive fear of losing money and the fear of missing out on a rally. The episode length is 19 minutes. … [Read more...]