We usually talk about the steps people need to take to have financial success, but oftentimes retirement is more about what you don't do. Let’s face it, we’re all human and mistakes are part of life, but we have to be aware of where the pitfalls often are.
Today we’ll explore the common ways that people make mistakes with their money and help explain what you can do to avoid these missteps.
Key topics on this episode:
2:32 – Fear and greed driving decisions
3:59 – Loss aversion bias
6:37 – Making investment choices just to save on taxes
8:14 – Sitting in cash for too long
11:00 – Overthinking every decision
13:15 – Blindly following financial advice
15:24 – Helping our clients
Get additional information: https://theaudibleadvisor.com/
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
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