2min chapter

The Dentist Money Show | Financial Planning & Wealth Management cover image

#418: 4 Places Money Should Go During Uncertain Times

The Dentist Money Show | Financial Planning & Wealth Management

CHAPTER

The Power of Consistency in Decision Making

Reese Reese taught me years ago and it was probably the best advice I ever had he talked about stocks in relation to buying cows which was a fantastic example very tangible. When we look at stocks that way things can vary dramatically so your value can go up and down. It's really important not to play the emotional surfing game that goes along with that and remind yourself of the numerical stock that you ownYeah, if the cow will stay yeah putting it in the right spot right the cow will end up staying. That helped calm me down considerably and helped me get out of my emotional decision making and into a more consistent and stable decision making process when it came to my relationship with money.

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