Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.
Meet the voices behind Making Margin:
- Nick
- Allie
- Jeff
- Drew
Today’s topic is all about investing through a global pandemic.
- On February 13, 2020, we released a podcast episode entitled “Investing is Boring” where we discussed the evidence behind our investment approach, and why investing shouldn’t be a thrill ride. Then, the entire world changed.
- Today we’re going to be talking about whether or not we’ve modified our approach, and what we’ve been up to for our clients.
- Also, we’re going to talk about the disconnect between the market and the economy. Why has the market recovered much of its losses while unemployment has skyrocketed?
Discussion topics:
- Who saw this coming?
- What has surprised you most about the way the market has reacted as of today?
- Why is it so tempting to want to make predictions about a totally unknowable future?
Take Away: Have an investment plan that you are confident in no matter what happens in the world, then stick to it.
Resources:
Thinking Fast and Slow
by Daniel Kahneman