Mind & Money: understanding ourselves and our attitudes to risk
On The Money
00:00
How to Be a Better Investor
There's a huge amount that could be done better to help people understand themselves. I think on the investment side we could all benefit from being able to download some sensible rules of investing. Rules like, don't sit on cash that you're not going to need for the next five years because you are much better off put in a diversified investment portfolio. There are a whole bunch of really simple investment rules that I don't think are typically communicated very well to people. And then we come across GameStop or Silver or Bitcoin and these are situations to which none of those rules will tick the boxes. No sensible investment rule would ever suggest you get involved in any of those things.
Transcript
Play full episode
