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Bouncing Back: Overcoming Investment Setbacks
Manage episode 376921430 series 2712818
Konten disediakan oleh Michael Schulte. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Michael Schulte atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Almost everyone has made investment mistakes at some point. Even the most successful investors have regrets about decisions they’ve made in the past. But like everything else in life, it’s all about how you respond to a misstep.
In this episode, we’ll talk about how to bounce back from mistakes and avoid making them again in the future. Michael will share some numbers with us and walk us through the steps you need to take to get your investment plan back on track. The good news is there’s always time to make corrections and we’ll explain that today.
In this episode, we’ll discuss:
- How we define an investment.
- How to determine the cause of your mistake by asking yourself a few specific questions.
- Let’s determine how much more you can save each month to make up for the losses.
- Recalibrating your goals and identifying areas that you can make adjustments.
- What a real plan consists of and how we help people get their future plans on track.
Learn more: https://caffeinecashflow.com/
Contact Michael:
https://www.westpacwealth.com/team/michael-schulte michael.schulte@westpacwealth.com 702-767-4897
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