About the Course
We know that retirement is as unique as each individual planning for it. That’s why it’s crucial to define retirement as your vision for the future — not as dollars and benchmarks.
Emotional investing is when you let emotions like excitement, fear, optimism, and anxiety affect your investment decisions. It’s a series of emotions that fluctuate as rates and prices move up and down, and they can all come into play and cloud your original strategy.
In this presentation, we will talk about what emotional investing is and how if you let it, it can affect your long-term plans. For example “Buy low, sell high” is often used to describe ideal investing behavior. Unfortunately, market volatility can cause individuals to act emotionally and do the opposite.
For example, when markets are trending up, people start talking. Those that aren’t already invested will “test the waters” and buy, but it may already too late. They have bought high. Likewise, when markets start to drop, people may panic and begin to sell.
Matthew Willett is a registered investment advisor representative who works with individuals and families to create personalized financial plans and give honest investment advice. Prior to joining WealthPlan Advisors, Matthew worked at Charles Schwab where he serviced investment and retirement accounts for investors and advisors of wealth management firms across the country. He has a passion for financial markets and helping investors achieve their goals.
Matthew earned his Bachelor of Science in Business Management with an emphasis in Finance from Brigham Young University-Idaho.