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Animal Spirits: Panic A Little

By Ilene
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Animal Spirits: Panic A Little

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On this week’s Animal Spirits, we discuss:

Do the poor stay poor?

The U.S. economy

When stocks fall 10%

The psychology of sitting in cash

Automate your buying

Panic a little

Higher returns, run!

Everyone thinks they’re going to win the lottery

Uber is worth more than some industries

Don’t make your long-term investment decisions based on a dinner

Listen Here:

 

Charts mentioned

 

 

Tweets Mentioned

Recommendations:

Atomic Habits

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Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

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