22 min
How to Invest When You Can’t Predict the Future: Part 1 Finance Lab
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- Investing
In this episode of Finance Lab, we discuss how to invest when you can’t predict the future.
We are excited to bring you the first part of this insightful conversation with Artie Green, a Certified Financial Planner and founder of Cognizant Wealth Advisors. Embedded in the episode title is a presumption that investors cannot predict the future. If you don’t agree with that premise, we’re here to tell you that you should and it’s in your best interest to understand and accept the fact that you cannot predict the future of the markets. Despite many investors falling into the trap of overestimating their abilities, believing they can beat the market with the right research and perspective, there are ways to successfully invest without being able to predict the future.
Artie is here to help us shed some light on this fascinating topic, sharing valuable insights on controlling costs, managing taxation, and understanding the essential role of risk management in growing your investments. Be sure to tune back in for the second part of this conversation with Artie Green in next week’s episode, when we delve more into risk management, the bond market, and the Federal Reserve.
Guest Bio: Artie Green is a CERTIFIED FINANCIAL PLANNER™ Professional and founder of Cognizant Wealth Advisors. He is a recognized expert in financial planning and has been quoted in numerous print and online media such as The Wall Street Journal, Kiplinger, Forbes, Bloomberg, and Money. He has served on two non-profit boards and currently on the Los Altos Community Foundation investment committee.
Key Moments:
0:46: We are talking today about how to invest when we can’t predict the future.
2:58: Artie believes that investors can't successfully time the market due to various uncertainties and complexities.
5:36: Successfully timing any of the four market triggers is crucial; consistency is rare.
6:38: Artie explains how predicting individual stock performance is challenging due to external uncontrollable factors.
10:06: Artie details the two factors that drive stock prices.
13:46: Controlling costs is vital in investments, and reducing expenses can enhance potential returns.
15:22: Is the ultimate goal to eliminate tax?
18:22: Artie discusses the third factor: assessing risk of investments.
22:07: The increase in purchasing power depends on the gap between inflation and your return rate.
Additional Resources:
Finance Lab website: https://www.financelab.dalbar.com
Visit the Cognizant Wealth Advisors’ website: https://www.cognizantwealth.com
Listen, rate, and subscribe!
Thanks for listening to Finance Lab! If you enjoyed our discussion, please rate our
show and subscribe to hear more illuminating financial discussions weekly.
Amazon Music: https://music.amazon.com/podcasts/0d0eedbe-fae4-4451-9a83-13d9cc35d050/finance-lab
Apple Podcasts: https://podcasts.apple.com/us/podcast/finance-lab/id1707189976
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vZmluYW5jZS1sYWIv
Spotify: a href="https://open.spotify.com/show/7qgemNq5PDqKBdFpmqgaKw" rel="noopener noreferrer"...
In this episode of Finance Lab, we discuss how to invest when you can’t predict the future.
We are excited to bring you the first part of this insightful conversation with Artie Green, a Certified Financial Planner and founder of Cognizant Wealth Advisors. Embedded in the episode title is a presumption that investors cannot predict the future. If you don’t agree with that premise, we’re here to tell you that you should and it’s in your best interest to understand and accept the fact that you cannot predict the future of the markets. Despite many investors falling into the trap of overestimating their abilities, believing they can beat the market with the right research and perspective, there are ways to successfully invest without being able to predict the future.
Artie is here to help us shed some light on this fascinating topic, sharing valuable insights on controlling costs, managing taxation, and understanding the essential role of risk management in growing your investments. Be sure to tune back in for the second part of this conversation with Artie Green in next week’s episode, when we delve more into risk management, the bond market, and the Federal Reserve.
Guest Bio: Artie Green is a CERTIFIED FINANCIAL PLANNER™ Professional and founder of Cognizant Wealth Advisors. He is a recognized expert in financial planning and has been quoted in numerous print and online media such as The Wall Street Journal, Kiplinger, Forbes, Bloomberg, and Money. He has served on two non-profit boards and currently on the Los Altos Community Foundation investment committee.
Key Moments:
0:46: We are talking today about how to invest when we can’t predict the future.
2:58: Artie believes that investors can't successfully time the market due to various uncertainties and complexities.
5:36: Successfully timing any of the four market triggers is crucial; consistency is rare.
6:38: Artie explains how predicting individual stock performance is challenging due to external uncontrollable factors.
10:06: Artie details the two factors that drive stock prices.
13:46: Controlling costs is vital in investments, and reducing expenses can enhance potential returns.
15:22: Is the ultimate goal to eliminate tax?
18:22: Artie discusses the third factor: assessing risk of investments.
22:07: The increase in purchasing power depends on the gap between inflation and your return rate.
Additional Resources:
Finance Lab website: https://www.financelab.dalbar.com
Visit the Cognizant Wealth Advisors’ website: https://www.cognizantwealth.com
Listen, rate, and subscribe!
Thanks for listening to Finance Lab! If you enjoyed our discussion, please rate our
show and subscribe to hear more illuminating financial discussions weekly.
Amazon Music: https://music.amazon.com/podcasts/0d0eedbe-fae4-4451-9a83-13d9cc35d050/finance-lab
Apple Podcasts: https://podcasts.apple.com/us/podcast/finance-lab/id1707189976
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vZmluYW5jZS1sYWIv
Spotify: a href="https://open.spotify.com/show/7qgemNq5PDqKBdFpmqgaKw" rel="noopener noreferrer"...
22 min