#18 Stock Market Panic and Investor Mistakes: How Do We Fix It?
With recent worries about the global economy and stock market panic, investment expert Susan Schmidt, Senior Portfolio Manager at Westwood Holdings Group, has a simple message: keep calm. 55% of Americans have money in the market. Most are long term...
How Do We Fix It? · Richard Davies@Davies Content
September 30, 201529m 46s
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Show Notes
With recent worries about the global economy and stock market panic, investment expert Susan Schmidt, Senior Portfolio Manager at Westwood Holdings Group, has a simple message: keep calm. 55% of Americans have money in the market. Most are long term savers. She says the basic rules of investing are surprisingly simple. Building wealth means savers should resist emotion and act as investors, not traders, ignoring the day-to-day changes in the market.
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