Show Notes
Season 1 is now over, and Jeff Harrell reflects on what he hopes you’ve gained from the series. He highlights each of the investing lessons covered in the first season’s 12 episodes, which were designed to help you make wiser investment decisions for a smoother path to financial independence (FI).
Remember: Focus on the long-term, control your emotions, simplify your investments, and always... "ignore the noise."
Jeff also previews what is ahead with three investing topics he plans to focus on in Season 2, as well as shares more about the ways you can stay connected to the show.
(Season 1 Episode 13)
Podcast produced by Ted Cragg of QuickEditPodcasts.com
Music Credit: Dream Cave / Adventure Awaits / courtesy of www.epidemicsound.com
Transcript
I hope you enjoyed the first season of Invested Poorly: Sad Tales of FInancial Fails.
This inaugural season focused on topics related to behavioral finance, performance, and financial advice.
In the first couple episodes, we looked at why mixing politics with investments is never a good idea and why the odds are stacked against you betting on the next stock market crash. The next couple episodes compared saving versus investing and the difference between volatility and risk (especially when it comes to short-term vs. long-term time horizons).
Episode 5 was like a math lesson where we learned about personal and time-weighted rates of return and why both are important to understand. Then we dissected the well-known investing disclosure, “past performance is no guarantee of future results.” Compliance officers will thank me for that one. Next, we covered “Is now a good time to invest in the stock market?” and why the answer is always, “YES.”
Episode 8 got a little technical again with another math class focused on cost basis and keys to understanding that “Gain/Loss” column on your investment statements. We then looked at the value of following stock market “experts” in the media, as well as some shady investment advisor tactics you might need to be wary of. Finally, we ended the first season with a story about what could happen to you if you “take the bait” and click on one of those doomsday investing headlines or let FOMO impact your investment decisions.
If you missed any of the 12 episodes, be sure to go back and check out those timeless stories when you have a chance.
Next season, I plan to focus on areas such as fees, investment execution, and security selection, using a similar format you heard in Season 1.
If you found this series beneficial, next season will help provide you with even more confidence that you can navigate your own path to FI, by further reinforcing what NOT to do with your money.
As you can probably tell by now, investing and Financial Independence are topics I’m pretty passionate about. Launching this podcast was the direct result of me reflecting strategically about what I love to do, which is first and foremost telling stories. My hope is these will help you think more rationally and longer-term about your future investment decisions.
Be sure to subscribe in your favorite podcast player, to be alerted when Season 2 drops. If you’ve enjoyed the show, please leave a rating or review on Apple Podcasts or your favorite podcast player. Your ratings and reviews will help make this show more visible. And of course, please share this show with any friends and family members who you think would benefit.
Finally, be sure to check out my website at areyoufi.com (that’s A R E Y O U F I dot com), where you will find more information about my personal FI journey, as well as the resources I use to make wise investing decisions with my own money. You can also join our mailing list and provide me with feedback.
Thanks again for listening to the first season of Invested Poorly and don’t forget, when it comes to investing, always…ignore the noise.
I’m your host, Jeff Harrell, and I’ll see you next time.
Invested Poorly: Sad Tales of FInancial Fails was created for informational purposes only and should not be relied on for specific tax, legal, or investment advice. You should consider consulting a qualified professional to review your situation before engaging in any transactions. Investing involves risk, including loss of principal and past performance is no guarantee of future results.
This podcast was produced by Ted Cragg. Learn more about creating podcast mini-series like this by visiting QuickEditPodcasts.com.