Wealth on Purpose
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Episode 38: The FOMO Reframe: Why the Fear of Missing Out Is Scarier Than You Think

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Brian Diffily and Brian Hartmann take a look at the real impact of making (or not making) decisions based on what headline drama. They focus on the importance of holistically evaluating financial decisions instead of following the herd!

Key Topics:

FOMO investing means decisions driven by fear of missing out

Clients in their 30s and 40s are most susceptible to FOMO

Real investable money without crash experience leaves this age group exposed

Social media shows only wins, never the losses behind them

Short term social pressure often beats long term financial goals

Loss aversion and recency bias create a herding instinct, not strategy

Ask, would I buy this if no one else were talking about it?

A cooling off period of a week or two curbs impulse decisions

Checking decisions against written goals makes the plan an anchor, not a cage

Bringing FOMO urges to a trusted team prevents costly mistakes

The best portfolios are often the most boring ones

Connect with us: 

Brian Diffily

Brian Hartmann, CFP®

Visit our website:

Granite Bridge Wealth

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