Many of us are seeking ways to create fulfillment and get better throughout our journey in life. From personal finances to personal development, our conversations are infused with honesty, transparency, and a dash of humor. Hosted by John Kennedy, CFP®, Matthew Marcoux, CFP® and TheRichB. © 2024 CandorPath Financial. All Rights Reserved. Securities offered through J.W. Cole Financial, Inc. (JWC) Member FINRA/SIPC. Advisory services offered through J.W. Cole Advisors, Inc. (JWCA). CandorPath Financial and JWC/JWCA are unaffiliated entities
Episodes
Thursday Dec 01, 2022
Losing Hurts More Than Winning Feels Good
Thursday Dec 01, 2022
Thursday Dec 01, 2022
People react differently to negative versus positive changes. In fact, studies suggest feeling a loss is twice as powerful of an emotion as compared to an equivalent gain. No one wants to experience loss, but the fear of incurring losses could be prohibiting you from making well-calculated decisions that have worthwhile potential. Matt and John talk about 4 important strategies to deal with this cognitive experience known as loss aversion.
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