1958: Stocks - Part III: Most People Lose Money In The Market by JL Collins

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 13 July 2022

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

JL Collins of JLCollinsNH.com shares that most people lose money in the stock market. Episode 1958: Stocks - Part III: Most People Lose Money In The Market by JL Collins on Smart Investing for Long-Term Wealth Mr. Collins is a senior executive with extensive P&L experience and a proven track record of growing revenue and profitability, integrating acquisitions, launching new products, developing and implementing business plans, creating powerful marketing strategies, building strong customer relationships and building effective teams. He is experienced in a broad range of markets including technology, automotive, investments, design engineering, electronics manufacturing, construction, horticulture and energy. Mr. Collins is also an accomplished consultant, author and speaker. He is retired, but continues to write on his blog. The original posts are located here: https://jlcollinsnh.com/2012/04/25/stocks-part-iii-most-people-lose-money-in-the-market/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	When you can't quite get the angle, take hands-free selfies with the Samsung Galaxy Z Flip 5,
0:05.2	stand it up, step back, and your photos are also synced to your Chromebook, ready to edit.
0:10.8	The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone.
0:16.0	This episode is brought to you by Nizerao. Help break Dandruff deja vu and take control with Nizerao.
0:22.0	Nizerao anti-Dandruff shampoo is clinically proven to treat Dandruff flare-ups and the new Nizerao
0:27.0	Daily Prevent Shampoo helps to stop Dandruff returning. Dandruff, don't just suffer it,
0:32.0	Nizerao Alip, available on Amazon, use code Nizerao10 for 10% off. Nizerao anti-Dandruff shampoo
0:37.3	uses ketoconazole to treat and prevent Dandruff, always read the label, Nizerao Daily Prevent is a cosmetic.
0:45.5	This is Optimal Finance Daily episode 1958. Stocks, Part 3. Most people lose money in the market.
0:54.5	By J.L. Collins of J.L. Collins NH.com. And I'm your host and personal finance enthusiast,
1:02.0	Diana Mariam. Now let's get right to today's post as we optimize your life.
1:11.6	Stocks, Part 3. Most people lose money in the market. By J.L. Collins of J.L. Collins NH.com.
1:20.0	So, here we have this wonderful wealth building tool that relentlessly marches upward,
1:26.8	but, and this is a major but. Boy, howdy is it a wild and unsettling ride.
1:33.7	In Part 1 and Part 2, I presented you a very rosy view of the stock market and its wealth
1:40.3	building potential. Everything I wrote is true, but this too is true. Most people lose money in
1:47.8	the stock market. Here's why. Number 1. We panic when times are tough and buy when the market is
1:55.2	soaring. We buy high and sell low. This applies to all of us. It's the way humans are hard-wired.
2:04.0	We are psychologically unsuited to prosper in a volatile market. It takes an act of will and
2:11.5	effort to understand, accept, and then change this destructive behavior.
2:17.2	Here's a sobering fact. The vast majority of investors and mutual funds actually manage to get
2:23.7	worse returns from their funds than the funds themselves generate and report. Let that little
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.