How to Protect Yourself from Fad Investments
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In this week's episode of Last Paycheck Podcast, hosts and certified financial planners, Archie and Rob Hoxton, delve into the captivating world of fad investing, or as it's commonly termed, speculating. They commence by mulling over the puzzling allure of companies with soaring stock prices despite having no profitable earnings. Their discussion encapsulates historical precedents like the South Sea Company bubble, the dot com era's irrational exuberance, and recent phenomena like DJT - Donald Trump's Truth Social's SPAC-fueled market fling.
Through the tale of Isaac Newton's investment misfortunes, they illustrate that intelligence doesn't exempt one from the pitfalls of investing based on hype. They explain the fundamental differences between investing and speculating, emphasizing emotional management to resist fads. Remember - hope is never a good investment strategy!
Watch on YouTube: https://youtu.be/dhP-pW6HgDo
Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.
Visit: http://www.thelastpaycheck.com
If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation
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