Windows, Mirrors, and Investor Performance – Finger Financial Five #214

FFF 214

“Although the world is full of suffering, it is also full of overcoming it.”

Imagine you are in a house with windows all around. Each window gives you an opportunity to focus on one thing.

So many times:
● We focus on the wrong thing (window).
● Some windows are foggy or broken, affecting how we see.
● We don’t notice the wonderful things in the other windows.

The least used window of all is the one where we see ourselves.

People frequently ask what they can do to make more money. Many times, there are things they can do. But many times the answer is NOT what they want to hear…

I have often thought that the clients who check their investments less do better. But I did not have the proof.

Fidelity completed a study that proved this theory:

FFF 214 - graphic 1

FFF 214 - graphic 2

It is the “mirror” that is often the cause of underperformance.

Ok, Jeremy, what should we do about it?

● Realize that some windows are difficult for us to see clearly but may be easy for others. It is okay to ask for help.
● Remember, there are more than just problems. There is beauty in many windows.
● The most important thing of all is who you choose to have in your house with you.

Check out my newest video on YouTube: Most Retirees Miss This Legal Tax Hack

Most Retirees Miss This Legal Tax Hack

Facebook
Twitter
LinkedIn
More Content from Riverbend

Get Your Free Download

Submit the form and a member of our team will email you a copy of the Retirement Ready Checklist. 

retire-ready-checklist-cover-mockup-02

Retirement Ready Checklist

  • This field is for validation purposes and should be left unchanged.
Skip to content