Join Sam McGee, CEO of Crestmont Private Wealth, and Alec Walker, CFP, as they dive into behavioral finance biases, risk tolerance, and the challenges of investing during a market high. They discuss common investor biases like loss aversion, anchoring, and the illusion of control, and share historical data on market performance after all-time highs. The conversation also covers strategies for managing risk, the importance of understanding your own risk tolerance, and how working with an advisor can help you stay on track during volatile times.
00:00 – Introduction: Meet Sam McGee & Alec Walker
00:32 – Are we in a bubble? AI, market highs, and current events
01:14 – Behavioral finance: Loss aversion explained
02:46 – Anchoring bias and market highs
03:45 – The illusion of control in investing
04:48 – Historical data: S&P 500 after all-time highs
06:09 – Comparing today’s market to the dot-com bubble
07:19 – The unpredictability of market cycles
08:25 – Advice for investors: Timing the market vs. staying invested
09:25 – Understanding risk tolerance and risk willingness
10:30 – How to calibrate your portfolio for volatility
11:30 – Real client stories: Managing emotions and sticking to the plan
12:30 – The value of an advisor in behavioral coaching
13:30 – Analogies: Baseball, mountain biking, and investing
14:30 – Closing thoughts & how to contact Alec
Original Air Date: November 15, 2025 at 8:30am as heard on Boerne Radio 103.9FM
Contact: www.crestmontpw.com
Alec Walker in Houston: 831-280-5288
Sam McGee in Boerne: 830-368-2898
See omnystudio.com/listener for privacy information.
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