How To Invest Like a Middle-Age Woman (SB1537)
Is the secret to investment success all about making your decisions as if you were a 50-year-old woman? We tackle that take on today's roundtable discussion. We're joined by one of the best voices who gives investing advice online, Brian Feroldi. He's joined by the lady who knows all about making wise investing decisions, no matter your age, Paula Pant. And finally, we also feature the advice of our in-house financial planner (who happens to have the temperament of a 50-year-old woman), OG.\nIn the second half, brought to you by DepositAccounts.com, we continue down the list of how to win by investing like a 50-year-old woman.\nAnd, finally, be sure to stick around for Doug's sky-high stock-institution trivia. It will surprise you!\nFULL SHOW NOTES: https://stackingbenjamins.com/invest-smarter-think-like-a-50-year-old-woman-1537\nDeeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201\n\nDuring our conversation, you'll hear us mention:\n\nSticking to your investment plan, even in times of market correction.\n\nWhy "this time is different" is a dangerous mindset.\n\nWeighing the long-term risk-reward relationship.\n\nThe benefit of indexing.\n\nInvesting according to your time horizon and risk tolerance.\n\nThe fallacy of trying to time the market.\n\nDollar-cost averaging.\n\nHow to resist the temptation to tinker with your investments.\n\nHow to trick yourself from reacting to every piece of news.\n\nHow to avoid FOMO.\n\nWhy you shouldn't care about what others think.\n\nStop comparing yourself to others.\n\nAllowing yourself to allocate a small amount of your portfolio to taking outsized risks.\n\nInvesting in individual stocks if it works for you.\n\nAllocating a limited amount of time to making investment decisions.\n\nHow to distinguish between sound advice and not-so-reputable salespeople.\n\nUse good judgment when deciding whose advice to follow.\n\nFinding the investing style that works for you.\n\nLearning from failure.\n\n\nLearn more about your ad choices. Visit podcastchoices.com/adchoices