Turkey Time Temptations
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STOP!!
\\nDON\\u2019T DO IT!!
\\nYou just had a conversation with your second cousin\'s husband over Thanksgiving dinner, and he gave you this \\u201cgreat\\u201d investment idea or financial advice.\\xa0 His pitch was persuasive, and that finance class he took in college, along with his morning habit of reading the Wall Street Journal, makes him seem credible.\\xa0 In all reality, that extra dose of tryptophan from your second helping of turkey doesn\\u2019t only make you sleepy, it also makes you susceptible to bad financial decisions.
\\nThis is what happens around the Thanksgiving table.\\xa0 We connect with friends and family we haven\\u2019t seen in ages, and we talk football and finances.\\xa0 Some of us will be more vulnerable this year as maybe our portfolio (or football team) has been underperforming our expectations.\\xa0 To combat these temptations to ready-fire-aim on a modification to your portfolio or plan, I wanted to walk you through the appropriate process.
\\nSome of you may be laughing about the manner I\\u2019ve set up today\'s discussion, but I\\u2019m telling you that these Turkey Time Temptations are real.\\xa0 I\\u2019ve had a front-row seat to a lot of foolish financial activity, and in my postmortem, I come to find that it all started at the Thanksgiving dinner table.
\\nWith that said, here\\u2019s the appropriate step-by-step process for introducing changes to your portfolio/plan:
\\nLinks mentioned in this episode:
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