Past Performance Is Driving Your Investing Decisions. You Need Another Option.
Description
Paul talks about how what has happened in the last one, three, or five years heavily affects your investing decisions. Are stocks up this year? Maybe I should get in. Are interest rates high? Maybe it’s a good time to own bonds or CDs. Annuities even craft products that would have done well in the last 10 years and then sell them to people based on their track record. There is another way to invest that doesn’t keep you glued to how markets are doing right now or worried about the next bubble. Listen along as Paul shares an article about market bubbles and crashes and then explains why you don’t need to be able to predict them to be a successful investor.
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