Wealthion - Be Financially Resilient

These Big Investing Fallacies Are Costing You Thousands! | Chris Casey

Feb 25, 2025
Chris Casey, Founder and Managing Director of WindRock Wealth Management, dives into the common myths that plague investors. He challenges the belief that market timing is futile, revealing strategies to navigate the volatility. Casey also demystifies the idea that bonds are always a safe bet and explains the hidden risks they carry. Listeners learn how biases like fear and greed can undermine their portfolios, as well as the vital role of technology and AI in modern investing. Get ready to rethink your investment strategies!
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ANECDOTE

Market Recovery Times

  • The market didn't recover until 1956 after the 1929 crash, showing the impact of major inflection points.
  • It took six years for NASDAQ to recover after the 2000 tech bubble.
ADVICE

Market Timing

  • Avoid market timing, but be aware of market tops and bottoms.
  • Position your portfolio accordingly to avoid large drawdowns.
INSIGHT

Taxes and Investing

  • Taxes are inevitable when investing, so factor them into your decisions.
  • Prioritize wise investment decisions over excessive tax minimization.
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