Are you accidentally sabotaging your investments?
In this episode, Ken Moraif breaks down the 7 Deadly Sins of Investing and explains how common behaviors like emotion, greed, impatience, disorganization, and fear can hurt your long term financial outcomes.
If you are retired, retiring soon, or planning for retirement, this is a must watch conversation about how to make smarter investment decisions and avoid costly mistakes.
0:00 Intro: The 7 Deadly Sins of Investing
0:34 Sin 1: Emotion
1:20 Sin 2: Disorganization
2:08 Sin 3: Myopia (missing the big picture)
3:06 Sin 4: Impatience and FOMO
4:02 Sin 5: Greed
5:05 Sin 6: Arrogance
6:12 Sin 7: Cowardice
7:35 Why working with an advisor can help
8:10 Closing thoughts
At Retirement Planners of America, we help people retire when they want to and stay retired.
Visit us at rpoa.com to learn more.
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RPOA Advisors, Inc. (d/b/a Retirement Planners of America) (“RPOA”) is an SEC-registered investment adviser. Registration as an investment adviser is not an endorsement by securities regulators and does not imply that RPOA has attained a certain level of skill or training.
This podcast has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, personalized investment, financial, tax, or legal advice. RPOA does not provide tax or legal advice. You should consult your own tax and legal advisors before engaging in any transaction or strategy.
Opinions expressed are those of RPOA as of the date of publication and are subject to change. Investing involves risks, including possible loss of principal. Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss. Past performance is no guarantee of future results.
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