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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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  1. All Episodes
  2. Characteristics of the Worst Investors

Characteristics of the Worst Investors

Oct 21, 2022

We all intend to be great investors but things often don’t go as planned. If you look at some of the worst investors out there, you’ll start to find some recurring traits and some mistakes that show up a lot. Hopefully you aren’t guilty of any of the ones we talk about on this episode.

 

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What we discuss in this episode: 

1:27 – Trying to get rich fast

2:39 – Operating without any cohesive plan.

4:11 – Having a herd mentality rather than thinking independently.

4:58 – Focusing on the short term or always looking back

6:28 – Focusing on areas you can’t control

8:03 – Taking market losses personally

9:18 – Not being honest with yourself