How to Invest, the Right Way | DR. DANIEL CROSBY

If building wealth was simply about math, we'd all be independently wealthy because we all know how to add and subtract. Seeing as how we're not all independently wealthy, there must be something else at play. And, it might surprise you to know that it's you that has the potential to become your own worst enemy. Today, I'm joined by repeat guest, Dr. Daniel Crosby to talk about human psychology and why it hinders your ability to build the level of wealth you're after. We cover how your behavior dictates investing success, how our physiology and psychology work against us, how a "contrarian mindset" will help us succeed, and how to invest - the right way.   SHOW HIGHLIGHTS How behavior dictates investing success 3 traits all investment strategies must posses How a contrarian mindset could improve your investment portfolio How to balance logic and emotion in investing How financial markets help you keep score in your life Why overestimating our abilities hinders performance How good behavior can be expensive but necessary The power of a financial coach How "hedonic adaptation" keeps us from being happy with more money How "action bias" hurts our portfolios How our social nature has created incredible amounts of wealth How our physiology and psychology can work against us How noise and chaos is our enemy and how to tune it out The need to overcome arrogance and ego in investing Why "rule-based behavioral investing" is so powerful   DR. DANIEL CROSBY Today I am joined by repeat guest, Dr. Daniel Crosby. He is a trained psychologist, behavioral finance expert, and asset manager. Specifically, he studies market psychology to understand the nature of why we do what we do and how it impacts our ability to invest successfully in financial markets. He is a New York Times Bestselling Author and his ideas have made him a critical voice and expert in the financial community. As a former financial advisor myself, I've been connected with Dr. Crosby for years and have applied many of his ideas and teachings into my previous financial practice. He brings a unique and refreshing perspective to building wealth and one that has the potential to help you finally invest successfully.   Please leave us a review at https://orderofman.com/itunes  Shownotes: https://orderofman.com/209  Website: https://orderofman.com