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E179: Learning Your Risk Profile

E179: Learning Your Risk Profile

FromThe Investor Mindset - Name Your Number Show [$]


E179: Learning Your Risk Profile

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
9 minutes
Released:
Dec 28, 2020
Format:
Podcast episode

Description

How much risk are you willing to take in your investment portfolio? This is one of the most important questions that an investor can ask themselves, but it’s often somewhat overlooked. Join me on this episode as I take you through a personal experience that helped me to learn and understand what my true risk profile is. I believe this story is going to make things click and set off some light bulb moments for you… and once you have this kind of clarity, it’s going to make it much easier to know which type of investments are going to best serve you. We don’t want to get involved with investments that are out of alignment and make us worried or add to our stress levels. So jump in and let’s make sure you know what your risk profile is today.Hit subscribe to join the community and let us know: How did you learn your risk profile? KEY TAKEAWAYS1. Time is key when you’re turning over product.2. Ask yourself: How much risk are you comfortable with right now?3. Think back to when you were dealing with uncertainty in the market and think how it made you feel. Were you someone who was looking to exit ASAP, or did you wait and pause to see what was really going on before making a decision, or maybe nothing phased you at all and you stood your ground. This is going to give you a great idea of what your risk profile is. 4. When we’re able to think about things on a longer term basis, we’re able to have a much more secure investment and higher overall returns in the long run.  BOOKSThe Passive Investing Playbook - https://theinvestormindset.com/passive LINKSLearn more about investing with Steven at https://theinvestormindset.com/investJoin the MultiFamilyMBA and get exclusive free training: https://theinvestormindset.com/mfmba
Released:
Dec 28, 2020
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset