MoneyWise Live


Behavior Affects Investing Decisions with Mark Biller

September 24, 2018

"Buy low, sell high" is probably the oldest and simplest investing advice. It reduces the mind-numbing complexity of the stock market to a simple concept.  Why then does the average investor find it nearly impossible to do?  The data is in, and it shows that normal human behavior actually prevents us from making smart investing decisions. Rob West joins Mark Biller from Sound Mind Investing to explain.

  • Mark explains how our thinking and emotions combine to influence our investing decisions.
  • Then Mark discusses how this shows up clearly in the returns investors earn.
  • He cites an example that dealt with investors in a 401k plan vs investors buying the same exact fund outside a 401k. 
  • Next, Mark outlines what we can do to overcome the problem.

Next, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:

  • What are "life lease" apartments and are they a good idea?
  • If your husband has student loan debt that he's not paying and is only in his name, can that effect your credit rating?
  • If you're separated from your husband and he's not interested in working, will his irresponsibility affect you or your children financially?
  • What are irrevocable trusts?
  • If your wife expects the both of you to keep working until age 70 but you don't see it that way, what can you do?
  • If you're looking for a financial advisor, what questions do you ask?

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