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The Emotional Side of Financial Decision Making | Your Life Simplified

In this week’s episode of Your Life Simplified, Valerie Escobar, senior wealth advisor, and Mike MacKelvie, wealth advisor, discuss how financial decision-making can be tied to emotion and why it is important to make logical decisions when managing your finances. 0:00: Intro 2:15 The Behavioral Struggles of Investors 3:40 Emotions and Money 10:25 Spotting Overconfidence 13:40 Probabilities 14:35 Steps to Manage Emotional Decision Making 20:03 Outro & Disclosures #stockmarket #investing #wealthadvisor For more information, please visit us online at https://www.marinerwealthadvisors.com/ Subscribe and listen to our podcast, Your Life Simplified Apple Podcasts - https://itunes.apple.com/us/podcast/y... Google Play - https://play.google.com/music/listen#... CONNECT WITH US ON SOCIAL LinkedIn -   / mariner-wealth-advisors   Facebook -   / marinerwealthadvisors   Twitter -   / marinerwealth   Instagram -   / marinerwealthadvisors   ============================================= These videos are limited to the dissemination of general educational information and are not intended to be legal, tax, or investment advice or a recommendation to engage in any investment or other strategy. Nothing herein should be relied upon as such. The views expressed are for informational purposes only and do not take into account any individual personal, financial, or tax considerations. There is no guarantee that any claims made will come to pass. Investing involves risk and the potential to lose principal. Disclosures: https://www.marinerwealthadvisors.com...