Understanding Average Returns
Trevor Cummings discusses financial expectations with his guest, Blaine Carver
Trevor Cummings discusses financial expectations with his guest, Blaine Carver
This week's blogpost - https://bahnsen.co/3ZA5XY7
Setting Realistic Expectations in an Exceptional Market Year
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings discusses financial expectations with his guest, Blaine Carver. They reflect on memorable personal experiences from sports events and how these relate to setting realistic expectations in investing. They emphasize the importance of understanding average returns, the atypical nature of recent market performance, and the necessity of calibrating expectations to avoid disappointment. They also stress the value of long-term investment strategies and prudent financial planning, touching upon the potential for mean reversion in markets. The episode is a rich blend of practical advice, market insights, and thoughtful anecdotes.
00:00 Welcome to the Thoughts on Money Podcast
00:32 Dodgers Game Adventure
02:14 Hockey Game Experience
03:25 Setting Realistic Investment Expectations
05:46 Understanding Market Performance
09:15 The Importance of Financial Planning
13:18 The Power of Compounding and Long-Term Investing
27:22 Closing Remarks and Holiday Wishes
Links mentioned in this episode:
Trevor is a Partner, Director of our Private Wealth Advisor Group, and Author of Thoughts on Money.
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