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How to Manage the Emotions of Investing, Episode #30
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Investing can be an emotional process and successfully managing your emotions is one of the keys to realizing a positive long-term investment experience. In this episode, we dive into the emotional side of investing and share some thoughts and tips for how to win the emotional element of it. From understanding the purpose of investing and knowing what you’re investing for, to having the right perspective and expectations around investing, to focusing on what you can control and planning around what you cannot, there are several tangible things you can do to become a better investor. We dive into each, explain how to implement it, and share perspective on why it’s so important.
Resources & People Mentioned- Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician
- Podcast Episode #5: The 80:20 Rule of Investing
- Podcast Episode #19: The “Other 20%” of Successful Investing
- https://mdwmllc.com
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