Preview Mode Links will not work in preview mode

The Physician's Guide To Financial Wellness


Aug 10, 2023

In this episode of the podcast, we discuss five of the most common investment mistakes people make: 1) Waiting for the “right” time to invest, 2) Anticipatory selling, 3) Buying into (or buying more of) the latest “hot” stock or investment trend, 4) Concentrating in one stock or one area of the investment universe, and 5) Chasing income, yield, or a similar theme. 

For each mistake, we explain what drives it, how it typically materializes, and what you can do to avoid falling victim to it. The universal theme underlying each mistake is human behavior and emotion, which makes for an interesting discussion of how to fight our natural survival tendencies that, unfortunately, don’t serve us well as investors.

Resources & People Mentioned

Connect With Trent and Andrew

Subscribe to The Physician’s Guide To Financial Wellness
on Apple PodcastSpotify, and Google Podcast