8 min
Ep 123 - T he Damage That Emotions Have On Investing Freedom Through Passive Income
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- Investing
Dan Fleyshman, at one of our mastermind events spoke about investing in something that started to tank; he got emotional and pulled his money out right before it skyrocketed. He realized he should have just left the money alone. So now he gives himself permission to invest 20% of his money into whatever he wants and leaves it alone. The lesson here is to define what you feel comfortable with in order to reduce emotional decisions.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
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We recently saw two case studies, both done over a 20 year period, the S&P 500 index, average 6 to 7.7%. So 6 to 7.7 and also a study saying that the average investor returns was 4.25 to 4.79. Why the gap? Why did the average investor make less than in that period of time than the actual S&P 500? It was because they were emotional and investing when things are going up, and pulling their money out when things are going down.
If you are investing for the long term, then it's important that your mindset sits that way. This example is meant to show that everybody who did not get emotional about those investments would have made a higher return if they would have just left it there. We’ve talked about boring and consistency equals wealth on one of our previous episodes. It was meant to say you've got a budget. These are the boring things, be consistent and ride the waves. Who cares? Leave it alone and just Cool your jets.
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
Linkedin personal pages
https://www.linkedin.com/in/fliprobison
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TikTok personal pages
https://www.tiktok.com/@danilynnrobison
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Dan Fleyshman, at one of our mastermind events spoke about investing in something that started to tank; he got emotional and pulled his money out right before it skyrocketed. He realized he should have just left the money alone. So now he gives himself permission to invest 20% of his money into whatever he wants and leaves it alone. The lesson here is to define what you feel comfortable with in order to reduce emotional decisions.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
—————————————————————————
We recently saw two case studies, both done over a 20 year period, the S&P 500 index, average 6 to 7.7%. So 6 to 7.7 and also a study saying that the average investor returns was 4.25 to 4.79. Why the gap? Why did the average investor make less than in that period of time than the actual S&P 500? It was because they were emotional and investing when things are going up, and pulling their money out when things are going down.
If you are investing for the long term, then it's important that your mindset sits that way. This example is meant to show that everybody who did not get emotional about those investments would have made a higher return if they would have just left it there. We’ve talked about boring and consistency equals wealth on one of our previous episodes. It was meant to say you've got a budget. These are the boring things, be consistent and ride the waves. Who cares? Leave it alone and just Cool your jets.
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
Linkedin personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
8 min