Why do investors constantly chase returns? Why do they buy mediocre investments that underperform the indexes? Why do they leave their money in investments that lose money yet are unwilling to sell until they increase in value? If you can understand your own behavior with money, you will become a much better investor and earn returns that will last your whole life. Now Kerry Johnson explains why investors (possibly your clients) make such poor decisions with their money.
You will Kerry L. Johnson, MBA, Ph.D. , America's Business Psychologist, is a bestselling author and internationally sought after speaker with an upbeat, entertaining style, much like his writing. He travels 8,000 miles each week speaking around the world, and also heads a personal coaching company, Peak Performance Coaching.
Great book for those thinking about retiring. Big take away for me was to spend more time now, thinking about specifically what you’d like to do when retired and she helps get you started with several ideas. Found her in examples of other people’s situations interesting. Some suggestions are kind of obvious like the one I just mentioned and others are just good warnings about what not to do. Enjoyed it.