There is no such thing as safe investing.

Jul 31

Today on the show we welcome special guest, Paul Merriman. In this episode, Tom and Paul talk about the top mistakes they see people making with their money on a regular basis and how to avoid them. Here they discuss how to overcome the fear of financial loss, the dangers of over-confident money managers, and how to think about your personal risk tolerance. They also get into the nitty-gritty of the various index funds currently out there.

Why there is no safe strategy out there.

How to manage the fear of financial loss.

Being skeptical of over-confident money managers.

Knowing your personal risk tolerance.

The importance of getting a second opinion.

Can you trust individual stocks?

Cryptocurrency speculation.

Diversifying your index mutual funds.

Learn more about target date funds.

Vestory — https://vestory.com/

Paul Merriman Website — https://paulmerriman.com/

Paul Merriman on Twitter — https://twitter.com/SavvyInvestorPM