Creating Better Financial Behaviors

We can’t control what markets or economies do. But we can control ourselves.

No matter how much investing experience you have, uncertainty can get in the way of making good financial decisions.

In fact, when market turbulence lets fear creep in, you can become vulnerable to herd behavior, panic, and irrational choices.1 And that can mean acting against your interests and opening yourself up to more losses.2

There’s an easy away around that, though.

It involves changing some of your thinking and reactions in the face of financial stress and uncertainty.

This month in Carl’s Corner, we explore some effective ways to make better financial decisions, no matter what the market’s doing. Click here to see more! 

With the right strategies, you can avoid getting swept up in any chaos that comes with uncertainty—and you’ll have the tools to improve your financial behaviors and become a better investor in the long term.

Go ahead and click here to get effective strategies for making better financial decisions. 

Give us a call at 844-CARLSON (844-227-5766), and set up a time to speak with an advisor today to discuss your unique situation and plan for retirement.

 https://www.behavioraleconomics.com/resources/mini-encyclopedia-of-be/herd-behavior/ 

 https://www.forbes.com/sites/johnjennings/2020/03/11/dont-panic-5-strategies-for-controlling-your-fear-about-stock-market-turbulence/?sh=10382cec3a53

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