E65: Why is My Friend's Investment Account Doing Better Than Mine?
July 29, 2020
Has your friend been bragging about how well their investment account is doing while you aren't seeing the same results?
Why is My Friend's Investment Account Doing Better Than Mine?
- It can be confusing/frustrating to see someone else’s investments “doing better” than your’s
- Investing goals are not one-size-fits-all.
- Different people have different goals
- Different accounts for different purposes
- Managing risk
- Performance in the short-term is not necessarily a prediction for long-term
- Immediate performance isn’t everything - understand the investment strategy that’s right for you
Intro/outtro music credit: eccentric - I Can Show You [Argofox Release] by Argofox