

#60 How to stay on track and avoid shiny object syndrome
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In this episode, Ryan and Terry discuss the most important mechanism for developing a sense of conviction and direction for your financial future: your financial plan. It's well known that behaviour accounts for the majority of investor returns, and a well constructed financial plan is one of the most important behavioural tools that exists. And, it is much simpler than we're often led to believe. If you want to know how to avoid the biggest mistakes most investors make, this episode is for you.
Also in this episode:
- What a financial plan actually is (and what it's not)
- The three 'jobs' a financial plan must accomplish
- The 6 core elements any financial plan should have
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