FOMO investing mistakes

FromInvesting Sense™

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FOMO investing mistakes

FromInvesting Sense™

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Length:

20 minutes

Released:

Feb 4, 2017

Format:

Podcast episode

Description

In this week’s show, Bob and Andy discuss three major investment mistakes we make with our portfolio when we have a “fear of missing out

(FOMO).”

Released:

Feb 4, 2017

Format:

Podcast episode

Titles in the series (100)

What happens when a CERTIFIED FINANCIAL PLANNER™ professional and an everyday investor sit down each week to talk about how to better understand today’s financial and retirement landscape? Investing Sense!

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Avoiding Emotional Investing: John Bunch, president of Financial Engines advisors, discusses ways to keep your emotions from getting in the way of investment decisions. by Investing Sense™
20 min listen
What to Learn From 2016’s Worst Advisor: John Bunch talks about one of the worst advisors of 2016 and what listeners can learn from how he mistreated his clients. by Investing Sense™
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A Tap On the Shoulder: The first rate hike of 2017: A discussion of the first interest rate hike of 2017 that was recently announced, including the reasons why it happened, and what we should be doing in the weeks and months ahead. Plus, retirement in the famous Margaritaville! by Investing Sense™
20 min listen
FOMO investing mistakes: Bob and Andy discuss three major investment mistakes we make with our portfolio when we have a “fear of missing out (FOMO).” by Investing Sense™
20 min listen
What Trump’s fiduciary memo really means: Andy and Bob discuss the recent memorandum issued by President Trump asking for a re-examination of the conflict of interest/fiduciary rule. by Investing Sense™
20 min listen
Figuring Out Financial Advice: John Bunch talks about how to tell the difference between good and bad financial advice and how to tell if you're being taken advantage of. by Investing Sense™
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Fiduciary Rule Follow-Up: Christopher Jones provides an update on the Department of Labor fiduciary rule, including the changes that it’s already brought about. by Investing Sense™
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Starting Up Your 401(k): Andy and Bob talk with Phil Reiff about how to get started with your 401(k) if you’re not currently enrolled or are beginning a new job. by Investing Sense™
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Presidential Election Primer: JT Taylor, chief political strategist of Hedgeye Potomac Research, provides a nonpartisan update on the presidential election campaign. by Investing Sense™
20 min listen
Understanding the Fed funds rate: Chris Bouffard talks about the Fed’s decision to raise interest rates and what it means for listeners. by Investing Sense™
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Minding the Markets: Chris Bouffard reflects on market activity so far this year and discusses what to expect in the remaining months of the year. by Investing Sense™
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Don't Be an April Fool!: Want to avoid being the biggest April Fool of all? Andy has some IRA tax tips to save you money, guest Christopher Jones debunks common financial fake news, plus a look into some questionable investing fads. by Investing Sense™
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Are You Ready For Your RMD?: In this week’s show, Andy and Bob talk with Denny Smith about the importance of having a strategy for spending in retirement. by Investing Sense™
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The 411 on 401(k)s: Larry Raffone discusses how the 401(k) has evolved over the years and adjustments you can make to optimize your 401(k). by Investing Sense™
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Preparing for Political Change: John Bunch discusses how investors can manage their reaction to upcoming political changes. by Investing Sense™
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Fixing Financial Illiteracy: 60% of Americans have only a moderate to low financial literacy – find out here what steps we can take to change that. by Investing Sense™
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The Tale of Two Funds: Andy and Bob tell the tale of two mutual funds and explain why the quality of financial advice matters. Plus, some special Investing Sense Oscar awards! by Investing Sense™
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When is your age NOT your age?: Your “biological age” is NOT necessarily the same as your “chronological age”, and this difference can have a huge effect on your retirement plan! Plus, Andy dives into some economic indicators for springtime. by Investing Sense™
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Muscle Cars and The Fiduciary Rule: A new monster muscle car impresses the guys with its style and performance stats. It's so powerful, buyers have to sign an acknowledgement letter before driving, which makes Andy think of the Department of Labor's Fiduciary Rule. Plus, special guest Meir Statman, Professor of Finance at Santa Clara University, joins the show to talk about investor behavior and retirement habits. by Investing Sense™
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Debunking 401(k) myths: Phil Reiff exposes 401(k) myths and action steps to take in order to avoid following them. by Investing Sense™
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Managing Medicare Open Enrollment: Bob and Andy talk with an expert about how to get the Medicare coverage you need without paying more than you should. by Investing Sense™
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Changes to Social Security and Medicare Benefits in 2017: Andy and Bob discuss changes to retirement benefits happening in 2017 that listeners need to know about. by Investing Sense™
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All About the S and P 500 on Investing Sense: Andy and Bob talk with Christopher Jones about how the S 500 works, how it’s changing and why it may not be the best benchmark for you. by Investing Sense™
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Friends Don't Let Friends Time the Market: The guys give us an update on the Department of Labor Fiduciary Rule. Also, history shows that investors are unable to time the market, but still do it, therefore missing out on returns. Andy helps save us from this bad behavior. Plus, special guest author Scott Sonenshein talks to the guys about how his new book, Stretch, can apply to investing. by Investing Sense™
20 min listen
More than magic numbers: real-world retirement costs: It’s no secret that retirement is expensive, and there are so many variables: inflation, health care costs, pension dilemmas… Is there a magic number for a successful retirement? Instead of a nice round number to aim for, Andy explains a better way to think about it: the income gap. Plus, Financial Engines advisor Jeff Klever joins the show to share a real client story. by Investing Sense™
20 min listen
Really Expensive Pizza: The Rise of Cryptocurrencies: 10,000 bitcoins paid for two pizzas in 2010 would be worth $20 million today. Bob and Andy take a look at the cryptocurrency bull market, and whether or not it is a bubble ready to burst. Also, Andy speaks to a caller about the DOL fiduciary rule, and the impact it could have on retirement savers. by Investing Sense™
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High Times and Smokin' Stocks: Investing in marijuana stocks is a blazing hot topic. Bob and Andy dive into this controversial emerging industry and discuss whether it’s a valid investment opportunity or just blowing smoke. Also, a look at Trump’s first 100 days and his just-released tax plan. by Investing Sense™
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First 100 Days of President Trump: Andy and Bob discuss changes to retirement programs happening in 2017 that listeners need to know about. by Investing Sense™
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FANG Stocks: Investors Take a Bite out of Technology Shares: From Facebook to Netflix, and even bitcoin, technology is all the rage on Wall Street. Learn what's behind the recent volatility in tech stocks and how technology is improving our daily lives. Plus, hear how Darin Pilancinski, Senior Vice President – Financial Planning, Financial Engines, helped an elderly investor cut bait on a hedge fund. by Investing Sense™
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Swinging for The Fences: Tech Stocks and Winning the Lottery: Happy Father’s Day weekend! There’s been a lot of recent focus on big tech stocks with lofty share prices. Are they a cause for worry? Also, John Bunch joins the show to talk about the most common elderly financial scams. by Investing Sense™
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The more things change, the more they stay the same: How to adapt, protect, and preserve your retirement savings.: As soon as we got used to all-time highs in the markets almost every single week, now we’re once again fighting a familiar foe: market volatility. Bob and Andy discuss the always-changing market conditions, and the importance of having a personalized, long-term financial plan. The one thing that’s still the same, however, is this can’t happen until you simply get started, and they offer a way for you to do that RIGHT now! by Investing Sense™
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All eyes on Capitol Hill: What's next from Washington?: Today’s show is full of in-depth conversations as two of our favorite guests stop by! First, Andy sits down with JT Taylor, who gives his unfiltered, insider’s perspective on the world of politics, including the after effect of the Kavanaugh hearing and the midterm elections. Then, Don Luskin joins in, to discuss his unique perspective on interest rates, the trade wars, and more! by Investing Sense™
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Climbing the charts: Barron's financial advisor rankings: The Barron’s list of the top independent financial advisors was recently released, and there’s a familiar name that made its debut ranking! Bob and Andy talk about how the growth of this list mirrors the growth and changes in the industry and how it’s good news for investors and clients. Also, Don Luskin joins the show to give his valuable perspective and insights on the current big stories in the financial world, including the latest on the Fed and interest rates. by Investing Sense™
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I’d like to buy the world a COLA: Social Security’s annual Cost of Living Adjustment: As autumn colors unfold and the calendar flips to October, many people look forward to upcoming holidays, college football and the World Series, or simpler pleasures like cooler weather. Buried in the busyness of the season is an important announcement from the Social Security Administration: the annual Cost of Living Adjustment. It’s estimated to be the largest increase in recent years, so Bob and Andy take a look at how it could impact retirees. Plus, Bill Tracy is in-studio to talk about the rate hike, and his outlook on the 4th quarter. by Investing Sense™
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Where there is uncertainty, there is opportunity!: The markets are moving fast, surging to new all-time highs again this week. But uncertainty is also on the rise, with news about interest rate hikes, talks about trade wars, and so many other political and social issues heating up. So, how can smart investors turn these variables into opportunities? Bob and Andy have an easy course of action to take RIGHT now, to get much-needed clarity and focus. by Investing Sense™
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Investors behaving badly: What is loss aversion anyway?: Bob and Andy explore one of the ways that investors could be accidentally hurting themselves: loss aversion. Recalling their conversation with Dan Ariely, a leading expert on psychology and finance, this is just one example of irrational investor behavior. Plus, a caller asks a frustrated, yet important question: Why pay fees for bad investment advice? by Investing Sense™
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Ripe for recency bias: Don’t be a performance chaser!: Happy Labor Day weekend! Small cap stocks have been leading the way over the summer, rising just like the temperatures, and once again reaching all-time highs. Strong runs like these are ripe for recency bias, as it’s tempting for investors to only look at the most recent past when considering an investment. Bob and Andy break down why it’s all about diversification and asset allocation! Also, special guests Rick and Joyce sit down with Andy to share their story about achieving retirement. by Investing Sense™
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FOMO investing mistakes

FOMO investing mistakes

Description

Titles in the series (100)

More Episodes from Investing Sense™