Beating Your Brain and Investing Smart

While times may feel unsteady and unpredictable, if you take a look through history, you’ll see these very market fluctuations repeated, time and time again. The tricky part is convincing your psyche to invest during a downtime when the market’s on sale. So how can you override your human instinct to hoard cash in a downturn? And when will there be resources available to prevent ourselves from acting on less than financially favorable inclinations?

This week, Doug and Greg discuss their point of view on today’s crazy markets, the long-term implications of rising interest rates, why it’s best to avoid anxiety over unpredictability, and how to retrain your psyche to make smarter financial decisions.

Key Takeaways

[00:17] - An intro to this episode, the joys of family vacations, and Doug’s guide to wine tasting in Sonoma. [09:07] - Why New Orleans is a great place to be. [13:10] - How Greg and Doug view today's markets, who can best take advantage of the volatility, and how to remove psychological blocks and invest in a downturn. [21:16] - How Verdad Capital and others are forcibly encouraging investors to buy-in when a crisis hits. [25:32] - Greg and Doug’s closing thoughts.