Why you should play your own game when investing.

Here is something important but easy to ignore about money: In many financial debates, people talk to each other at different times.

This is especially true at a time when the economy is in turmoil, as is the case today.

Important to remember ...
... What you want may not be what I want. Your work is different from mine. You have different life experiences, different risk tolerances, work-life balance goals, career incentives and so on.

So, of course, we don't always agree on what's best to do with our money. There is no world where we should be.

Although we have the same ability ...
... We may have other times. If you are exposed to the opinions of people who have the same investments as you but have different goals, you may be misled and tempted to make bad decisions, even if what someone says is good for them. If there are different motives, sensible people may not agree. Focusing your attention on information that matches your own goals is crucial, but it's harder than it sounds.

So here's my advice
Define your own game and then play it alone.

Very bad people. They may have a vague idea of ​​their game, but they do not have a clearly defined one. And if they don't know what game they're playing, they run the risk of receiving warnings and advice from people who play different games, which can lead to unintended risks and consequences that they don't have. mahunahuna.