Fear and greed are your two worst enemies when it comes to investing. Money manager Jim Puplava discusses this never-ending pattern among investors to get drawn into short-term thinking by chasing fads, throw caution to the wind, and go with the crowd. In this episode, Jim tries to counsel listeners on the importance of sticking to a plan in order to meet long-term goals. He also discusses the problem we see with “passive investing” and why this is a misnomer. See how Manny and Cheryl navigate their challenges ahead in planning for retirement in this week's case study (see PDF presentation).
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