DiscoverBiblical Bifocal: A Practical Biblical Perspective on Prevalent Social IssuesThe Psychology of Investing: 4 Emotions That Cause Investors to Fail
The Psychology of Investing: 4 Emotions That Cause Investors to Fail

The Psychology of Investing: 4 Emotions That Cause Investors to Fail

Update: 2023-08-15
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What if I told you that the journey towards wealth isn't just about money, but about influence, decision-making and the ability to master your financial domain? What if the key lies not just in growing your wealth, but in sustaining it too? This episode brings you the fascinating psychology of investing. We unravel the emotional aspects of investing and how emotions, motivations, and competing interests can influence your investment decisions. We also shine a light on the law of entropy and the zero-sum game, offering you insights on how to make more strategic investment decisions.

Do you have a plan for your future? Not just a vague idea, but a concrete, 10-year plan that guards against pride and hubris? That's what we're talking about in the second part of this episode. We discuss the importance of connecting and planning for the future, and why having a tether, a moral code, is crucial in your investment journey. We explore the idea that connecting up allows us to see our capacity for growth, and connecting outwards forces us to create logical arguments for our points. This segment is a call to action - a call to start planning, to dream bigger, to prepare for the future, and to stay humble in the process.

Our final segment is dedicated to real estate investing. But we're not just talking about numbers and data. We're discussing the emotional barriers that could be holding you back from achieving success. From fear to pride, to the 'back in my day' syndrome, we're breaking it all down for you. Learn the importance of trusting data and not letting past missed opportunities cloud your current ones. So join us, tune in, and let’s conquer these emotional barriers together.

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🙌 You are called. You are chosen. You are loved.

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The Psychology of Investing: 4 Emotions That Cause Investors to Fail

The Psychology of Investing: 4 Emotions That Cause Investors to Fail

Winston Nwanne