Building wealth is a concept that could be approached and interpreted in many ways. But the fear of loss from any financial investments is pretty common to the inexperienced. When considering getting a financial adviser, it is also crucial to choose the right person. But on what basis should someone take in order to find the right person for financial advice?
Coming up with a conclusion from multiple points of research data may be an exhausting feat. This is why we have Dr. Daniel Crosby, PH.D., on today’s episode of The His & Her Money Show, in the interest of expanding wealth.
Daniel is a behavioral economics expert who spent most of his career developing academic financial concepts into a real-life investing application. In his book, The Laws Of Wealth: Psychology And The Secret To Investing Success, he was able to compress and simplify the dense and complex theories on investing and behavioral finance, which applies not only to investing, but life in general.
Daniel explains to us the importance of understanding our conduct towards money and keeping things simple, to ease our minds, and avoid helplessness and worries about the outcome of our investments. He talked about the many oversights on investing and offers real-world methods to adapt behavior and psychology to combat them.
Daniel has written and co-authored numerous books and is the founder of Nocturne Capital. He is at the forefront of behavioral finance and his ideas have appeared in various publications. To find out more about Dr. Daniel Crosby, PH. D., you can check him out on Twitter, his email (daniel@nocturnecapital.com), or on his website.
What You Will Learn
- Why you need a good advisor especially when it comes to financial investments.
- How to deal with “River Jordan problems.”
- Daniel’s suggestions for making less worrisome investment decisions.
- 5 mistakes people make when building wealth, and how to avoid them.
- Daniel’s tips on ways to find the right person to help guide you with your financial decisions.
- His motivational tips for people who are considering investing for their future
- Daniel’s call to action for building wealth.
- How bad habits can be exploited to good results.
Resources Mentioned
- The Laws Of Wealth — by Daniel Crosby
- Daniel’s Nocturne Capital Reading List
Thanks For Listening!
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