Journal Your Way to Investing Success
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 17 May 2016
⏱️ 28 minutes
🧾️ Download transcript
Summary
An investing journal is a great way to hold yourself accountable, understand your temperament, and squash your bad habits. You will not regret starting one. We promise. In this episode we'll talk about the why and how of keeping an investing journal, answer a listener question about borrowing from a rollover IRA, and try to convince you to give us gold Krugerrands and Shirley Temples.
Transcript
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| 0:00.0 | This episode of Motley Fool Answers is brought to you by Rocket Mortgage by Quicken Loans. |
| 0:04.6 | Rocket Mortgage brings the mortgage process into the 21st century with a fast, easy, and completely online process. |
| 0:12.1 | Check out Rocket Mortgage Today at quickenloans.com slash fool. |
| 0:19.9 | This is Motley Fool Answers, and I'm Alison Southwick. |
| 0:22.8 | I'm joined as always by Robert Brokamp, personal finance expert here at the Motley Fool, |
| 0:26.9 | and he's also the advisor on Motley Fool's Rule Your Retirement Newsletter. |
| 0:31.4 | Sweet Jesus, I'm happy to be here, Allison. |
| 0:33.6 | How are you? |
| 0:33.9 | Sweet cheeses. |
| 0:35.1 | You know I just got back from Wisconsin. |
| 0:37.2 | I do. That's right. And that's not exactly why I said it, but it is appropriate, I guess, isn't it? Did you have cheese while you were there? Oh, we had so much cheese. We did not have the custard. We did not have the custard. We didn't, but we ate lots of cheese and lots of cheese skirts. And that voice you just heard asking about the frozen custard is our special guest on today's |
| 0:54.4 | show, Buck Hartzell. |
| 0:56.0 | Because today we're going to talk about the importance of keeping an investing journal. |
| 0:59.7 | Even if you're not investing yet, a journal is a great way to track your interests and learn |
| 1:03.3 | more about your own temperament so you can keep it in check. |
| 1:06.3 | We're also going to answer your question about borrowing from your 401k. |
| 1:10.3 | All that and more on this week's |
| 1:11.7 | episode of Motley Fool Answers. |
| 1:14.4 | All right, like I said at the top of show, we have a guest on today. His name is Buck Hartzell, |
| 1:18.4 | and he is the director of investor operations here at the Motley Fool. |
| 1:23.0 | Hi, Allison. Thanks for having me. I appreciate it. |
| 1:25.1 | Well, we'll get into more about you and why you're here later in the show, but for now, |
... |
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