Highlights from show originally aired March 26, 2022
Do you know your risk tolerance? Mike looks at several questions, and your answers may surprise you.
“Risk doesn’t bother me as long as I don’t lose anything.”
“Overrating past performance is the most common mistake mutual fund investors make. Giving inadequate weight to risk, however you manage that risk, would be number two. And being willing to shift funds too quickly would be number three” – John Bogel
“Always diversify your investments” – Sir John Templeton
“If you don’t feel comfortable owning something for ten years, then don’t own it for ten minutes” – Warren Buffett
“Don’t try to buy at the bottom and sell at the top. It can’t be done, except by liars.” – Bernard Baruch
“The only function of economic forecasting is to make astrology look respectable.” – John Kenneth Galbraith
Want Mike and his team to come do a workshop for your company? Contact him at 1-800-588-7526 or mike@talkingmoneyradio.com for details.
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