In spite of the repeated learning and profound wisdom in the financial markets around the perils of short term thinking and the merits of long term thinking, inevitably investors still make poor decisions. Whether it is out of boredom and the lure of the shiny object, or fear that drives one to irrational decision making, poor investment decisions prevail. What can we learn from this? In this week's installment Nick focuses on what it takes to overcome these behavioral pitfalls to truly reap the benefit of good long term thinking and investment strategy.
The information in this video is intended for residents of the United States and is not intended to be personalized nor is it a recommendation to buy or sell securities. Pilot Wealth Management is a Registered Investment Advisor, licensed with the State of Oregon and will ensure proper licensing or exemption from licensing before conducting business in any other state.