How Not To Lose It When You Lose Money

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 2 November 2018

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Investors. Right when they turn left they turn right. You've heard lots of stories about people who've lost fortunes...all because they lost their head. Yet one recent publication shows the mindset shift of investors over time and through different market conditions. By knowing what most people think, by learning the psychology of an investor, maybe you can avoid many of their mistakes. We're excited by our roundtable team today because they've all not only made mistakes but they've also helped people overcome mistakes...and because of that, we hand picked them to help pick you up on today's market volatility-themed episode. Today we welcome Kine Corder, Nick True, and Paula Pant to the microphones to help us talk about the investor mindset. Plus, we're throwing out the Friday FinTech segment for a special discussion with Kristen Holt and Dusti Young from Greenpath Financial Wellness. They've designed a #NoSpendNovember month of sound financial tips to help you better manage money as we roll into the holiday season. If you're just starting out with sound financial habits or you're looking for a great place to start, this is a segment you'll want to tune in and hear. Of course, that's not all. We'll also take a call to the help line AND save some room for Doug's amazing trivia. Thanks to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings. Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	DelSugger Monday events, their biggest sale of the year, shop limited time deals on laptops like the stylish innovative XBS 13 engineered to do it all on the Intel Evo platform.
0:11.0	Plus, say big on ultra- sharp monitors and top brand accessories shop now at
0:15.7	Dell.com slash deals to take advantage of huge savings and free shipping again
0:21.2	that's Dell.com slash deals.
0:24.3	At some point far in the future
0:29.9	historians will probably ask,
0:32.6	what was daily life like in the early 21st century?
0:36.6	Well, one thing we know for sure.
0:40.1	Nobody will ever point to these two clowns and say,
0:43.5	this was how you should have been stacking Benjamin's.
0:47.0	Live from Joe's Mom's Basement, it's the Stacking Benjamin Show. I'm Joe's mom's neighbor dug and today on the show we're celebrating the
1:09.7	anniversary of the first radio broadcast in the United States by doing something
1:14.3	completely crazy and bringing you this episode via the internet completely
1:19.6	free. Not only that with the stock market roller coaster lately we thought it'd be a great time to talk
1:26.0	investor psychology how do people think about the financial markets here to help us we
1:31.9	welcome financial therapist can a quarter markets. Here to help us, we welcome Financial Therapist Kinecorder.
1:35.0	And from the mapped-out money blog and YouTube channel, Nick True.
1:39.0	Plus, from Afford Anything, Paula Pant.
1:43.4	But that's not all.
1:44.6	In our Friday FinTech segment, we're talking about
1:47.6	pound sign, no spend November with Kristen Holt and Dusty Young from the
1:52.4	nonprofit group Green Path Financial Wellness.
	...

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