121: Don’t get in the way of your portfolio’s success

 

In this episode KT discusses:

 

  • The “overconfidence” problem
  • The exchange-traded fund (ETF) advantage
  • Two types of investors: those with risk tolerance and those without

 

Key Takeaways:

  • Most U.S. markets saw double-digit gains in 2019
  • Don’t be nudged by somebody else’s investment ideas
  • The benefits of a “blended fund”

 

Read the article that inspired this episode: https://www.barrons.com/articles/richard-thaler-stop-sabotaging-your-portfolio-51577993136

 

Quote:

 

“You can’t pick (the market). All you can pick is your exposure to it and constantly manage that process. ” –  KT

 

Click here to reach KT 

See KT’s interview on C-Suite Network’s Best Seller TV

Connect with KT Thomas: http://ktsmoneymatters.com/

Purchase KT’s book- The Hardworking Woman’s Guide to Money 

About the author, Kathleen

Kathleen Thomas, who often goes by KT, has over 25 years of experience in the financial services industry and understands the need for women to take control of their financial lives.

A Certified Investment Management Analyst, Chartered Life Underwriter, and Certified Financial Planner™ practitioner, Thomas earned her degrees in Finance and Political Science from Salem College.

Prior to founding NewDay Solutions, an independent Registered Advisor Firm, Thomas spent 20 years as a private wealth advisor for Ameriprise Financial Services. Many of her earliest clients continue to work with her.

Thomas is an avid long-distance runner and triathlon participant. She has completed the Boston Marathon seven times and the Ironman Distance Triathlon three times. She has volunteered as coach and mentor for Girls on the Run New Hampshire and Team in Training.

Raised in Newton, Massachusetts, Thomas now lives in Seabrook, New Hampshire, with her husband, John. They have one daughter.

Leave a Comment