Overconfidence in Your Financial Life

When can overconfidence cause catastrophe? If you are setting your financial goals based on a rule of thumb or a certain arbitrary dollar amount, you might want to reconsider. Having overconfidence, especially in the wrong things, can lead to financial disaster.

 

Here’s some of what we discuss in this episode:

• Overconfidence in the stock market.
• Overconfidence in a certain dollar amount for retirement.
• Overconfidence a financial rule of thumb.
• Overconfidence in your own understanding.
• Overconfidence in your decision-making process.

 

Get in touch with the Peterson Financial team: https://petersonfg.com/