Anthony Damtsis - Building Wealth Confidence: Key Strategies to Boost Your Financial Mindset

Standard Deviations with Dr. Daniel Crosby

Contenido proporcionado por Standard Deviations with Dr. Daniel Crosby and Dr. Daniel Crosby. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Standard Deviations with Dr. Daniel Crosby and Dr. Daniel Crosby o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

1y ago 40:23

MP3•Episodio en casa

Tune in to hear:

- Why do only 13% of American millionaires describe themselves as wealthy? Why don’t we recognize our abundance for what it is?

- What is wealth confidence and what are its broader implications within portfolio management?

- Wealth confidence is definitely somewhat correlated with portfolio performance, but why is net worth alone not a sufficient measure for one’s wealth confidence?

- Is there a sense in which $1,000,000 doesn’t actually get you that far with the rapidly increasing costs of living an upper-middle class lifestyle?

- When there’s a disconnect between composure and capacity, should you accommodate the personality preference, the facts on the ground or land somewhere in the middle?

- If we want to be content and confident with our money, what type of environment should we cultivate for ourselves from a social comparison standpoint?

- Does Anthony have any other practical takeaways from his research for those looking to increase their wealth confidence?

https://www.td.com/behaviouralfinance

Compliance Code: Code: 3239-OAS-12/5/2023

312 episodios