Welcome to Money for the rest of us. This is a personal finance show on money, how it works, how to invest it, and how to live without worrying about it.

I'm your host David Stein. Today is episode 465. It's titled

transforming financial regrets into portfolio gains. Five strategies for

navigating investment emotions. On Money for the Rest of the Plus, our premium membership community,

we recently had a discussion on our member forums regarding regret.

The member wrote that he appreciated the time that we spend

our money for the rest of us on figuring out how to better manage our emotions as

investors. This member said that regret he feels as one of his weaknesses.

He wrote here he regretted following his broker down the dot-com path in the year 2000 suffering a major loss.

Regrets not buying a rental property instead of losing that money when the internet

blew up.

Many of us lost money when the internet bubble blew up. Many of us lost money when the internet bubble blew up. The

regret though that's particularly bugging this member currently is that

back in October when he saw that 30-year Treasury bonds, the yields exceeded 5%

for the first time, really since 2007.

He sold a lot of bonds in his portfolio and invested in BLV, the Vanguard

long-term bond ETF. It's made about 16% on that. But what's bugging him is he also considered buying

the Vanguard Extended Duration Treasury ETF

that has a longer duration interest rate sensitivity. It's returned over 20% in that time frame and

it's bugging him. He fell that this opportunity was a fat pitch and that he didn't swing for a home run in this case. We'll take a closer

look at whether that was a fat pitch or not, but this is just one example of

regret and I'll share some examples of regrets that I have

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