Perception is often not reality. Everyday investors would do well to keep this in mind while reviewing their investment accounts. Unfortunately, many investors’ lack of understanding about performance has cost them dearly over the years. Gaining a better understanding of this will better equip you to compare your results to relevant benchmarks, thereby...
Even though everyone knows past performance is no guarantee of future results, the allure of buying what you wished you’d owned tempts us all. This episode will help drive this point home further with examples of why heeding this advice is so important to successful investing. Jeff Harrell also shares what three types of investment returns most...
Timing the stock market is something we’re all told not to do, yet all of us are guilty of it at some point. This episode may have the “smoking gun” illustration to help you avoid this poor decision going forward. Jeff Harrell explains two hypothetical (and impossible) scenarios of the luckiest and unluckiest investors in history...
Are you sure you understand the “Cost Basis” and “Gain/Loss” columns on your investment statements? Cost basis and gain/loss calculations are two commonly misunderstood investment terms. Learn what these calculations actually represent. Jeff Harrell uses several examples to illustrate how cost basis can be misleading and breaks down this technical concept to help you get a...
This episode will blow your mind when you find out how neglecting something that seems so small and insignificant can have a catastrophic impact on your timeline to reach FI. Jeff Harrell discusses how investors who make sure they pick up every “nickel, dime, and quarter” possible in their investment portfolio will reap the benefits many...