7 Traps Investors Worry About That Don’t Actually Matter cover art

7 Traps Investors Worry About That Don’t Actually Matter

7 Traps Investors Worry About That Don’t Actually Matter

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 Also called: Selective Indifference in Investing. In this video, CFP® professional Colin Exelby explains the concept of “selective indifference” in investing — the practice of intentionally ignoring short-term market information that does not affect long-term financial outcomes. Many investors believe success comes from predicting markets or reacting quickly to economic news. In reality, long-term investment success is driven primarily by behavior: staying invested, avoiding panic decisions, and following a consistent financial plan. Topics covered: • Why short-term market forecasts are unreliable • How reacting to headlines damages portfolio outcomes • The danger of borrowed conviction from media or social commentary • Why market events rarely change long-term plans • The difference between information and noise • How investors can build a process they can stick with This video focuses on long-term investing behavior, retirement planning, and decision-making — not market predictions. #Investing #LongTermInvesting #WealthBuilding #FinancialFreedom #PersonalFinance #StockMarket #InvestingMindset #MarketNoise #PassiveInvesting #financialplanning 00:00-Intro 01:03-Learning Selective Indifferences 01:49- The Problem With Short Term Predictions 03:02-The Danger of People's Conviction 04:12-Why Markets Don't Move The Way You Expect 05:12-The Trap of Event Based Thinking 06:44-Why Most Mistakes Come From Caring Too Much 07:44-"This Time Is Different" 08:36-The Problem With Comparing Yourself To Others 10:00-The Real Takeaway ★☆★Stop leaving yourself vulnerable to data breaches. Go to my sponsor Aura to get a 14-day free trial and see if any of your data has been exposed.★☆★👇 https://aura.com/cwmwealth ⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join [About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management. I provide financial planning for business owners and their families that makes sense. Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be. We strive to help you: *Optimize Your Cash Flow *Minimize Your Taxes *Build Your Net Worth *Create a Lasting Legacy ➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️ Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments! Top Financial Advisor Baltimore. Top Financial Planner Maryland. Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com. Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC. DISCLOSURES Celestial Wealth Management, LLC is registered as an investment adviser in the State of Maryland and Texas. Neither the information nor any opinion constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instruments. This video is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment and planning strategies discussed in this video and should understand that statements regarding future prospects may not be realized. Nothing provided here constitutes tax advice. Individuals should seek the advice of their own tax advisor for specific information regarding tax consequences of investments. Investments in securities entail risk and are not suitable for all investors. This is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction. All investment strategies have the potential for profit or loss.
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