The Importance of Behavioral Finance | AWM Insights #160

Understanding, processing, and regulating emotional responses toward your investments is one of the most important skills to have in order to be a successful and diligent investor.Markets give us various inputs that lead to an array of feelings, but it is critical to process and regulate your emotional responses at all times and keep your eye on the bigger picture, which is your financial structure.Trends come and go over the years. True multigenerational wealth can be everlasting if structured and implemented properly.Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (💡) to Brandon at (714) 504-7689 to join our new AWM Insights Network.Episode Highlights0:00 Intro0:25 How do human emotion and behavior tie into investing?2:45 History of the public stock market4:22 Why the behavioral element of finance is just as important as the technical side5:19 Why a robust understanding of markets helps investors over the long run7:38 Being disciplined across market cycles9:30 Managing your feelings and being diligent while looking at the bigger picture11:00 Text us!