Agency Intelligence
Stuff About Money: Prepare, Don't Predict. Surviving Uncertain Markets.
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:49:46
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Sinopsis
If we could predict how the stock market performs, we'd be retired! The only thing CERTAIN right now is UNCERTAINITY. But is this uncertainty, new? War, presidential elections, inflation, oil, & ongoing recession talk have us all feeling a bit, well, yucky! In this episode of the Stuff About Money podcast, Erik Garcia, CFP®, BFA sits down with Michael Laughlin, CFA, FRM, Head of Portfolio Specialist Team at Morningstar to discuss some key ingredients to building long-term-investment portfolios. You will be surprised to learn one key ingredient is humility. Episode Highlights: Michael discusses his role as a translator and liaison for the investment team which is helping clients understand market environments and build intentional portfolios to manage risk. (3:21) Michael mentions that investing is a slow but effective way to build wealth, especially through the power of compounding and sticking to a long-term plan. (5:45) Michael explains that trying to time the markets is not recommended, as studies