MI116: The Psychology of Money & Behavioral Finance w/ Daniel Crosby

<p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong></p><ul><li>2:42 - What behavioral finance is and why it has a big impact on one’s success as an investor.</li><li>6:22 - Daniel’s most important money lessons and why investors need to get them right.</li><li>11:03 - Whether money can buy happiness or not.</li><li>22:24 - Daniel’s framework on whether you should pick individual stocks in your portfolio, or just invest in low-cost index funds.</li><li>30:57 - How to get out of the FOMO mindset and stick to one’s investing principles.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>EPISODE RESOURCES</strong></p><ul><li><a href="https://realestateinvestingwideopen.com/" rel="noopener noreferrer" target="_blank"><strong>Get more FREE content from Robert</strong></a>.</li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer" target="_blank"><strong>FREE audiobook from Audible</strong></a>.</li><li>Read the <a href="https://www.theinvestorspodcast.com/business/personal-finance-101/" rel="noopener noreferrer" target="_blank"><strong>9 Key Steps to Effective Personal Financial Management</strong></a>.</li><li>Check out our <a href="https://www.theinvestorspodcast.com/mi-starter-packs/" rel="noopener noreferrer" target="_blank"><strong>Investing Starter Packs</strong></a><strong> </strong>about business and finance.</li><li>Learn about our<a href="https://www.theinvestorspodcast.com/real-estate-investing-starter-packs/" rel="noopener noreferrer" target="_blank"> <strong>Investing Starter Packs</strong></a><strong> </strong>on real estate.</li><li>Daniel Crosby’s podcast <a href="https://podcasts.apple.com/us/podcast/standard-deviations-with-dr-daniel-crosby/id1241946146" rel="noopene