{"id":24,"date":"2022-01-19T16:25:31","date_gmt":"2022-01-19T16:25:31","guid":{"rendered":"https:\/\/bwfinancialplanning.com\/2022\/01\/20\/what-ive-been-reading-january-19-2022\/"},"modified":"2023-02-17T22:34:41","modified_gmt":"2023-02-17T22:34:41","slug":"investing-fomo","status":"publish","type":"post","link":"https:\/\/bwfinancialplanning.com\/?p=24","title":{"rendered":"Investing FOMO"},"content":{"rendered":"<p class=\"\"><a title=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=562204ffe8&amp;e=9e7908574a\" href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=562204ffe8&amp;e=9e7908574a\"><strong>Deflating Your Inflation Investing Fears<\/strong><\/a><\/p>\n<p class=\"\">Inflation worries are dominating the headlines again. This article is a good reminder that you don\u2019t want the cure to be worse than the disease.<\/p>\n<p class=\"\"><a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=49288afcf6&amp;e=9e7908574a\"><strong>Look Ahead to 2032, at the Very Least<\/strong><\/a><\/p>\n<p class=\"\">Investing is not a get-rich quick scheme. It takes time, patience, and discipline. Not a very exciting story. Dull, but effective.<\/p>\n<p class=\"\"><a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=b316067bb0&amp;e=9e7908574a\"><strong>Decision Fatigue Is Real. Here\u2019s How to Beat It This Year.<\/strong><\/a><\/p>\n<p class=\"\">Maybe it is the dreary weather of January or the natural letdown after the holidays. Or maybe it is the Omicron surge or the Marshall fires here in Colorado. But 2022 seems like it is trying to keep us down. I definitely appreciated the timing of this article because it was like a little light, confirmation that collectively we have been through a tough two years\u2026 and that other people struggle with what to eat for dinner! It\u2019s not just me!!<\/p>\n<p class=\"\"><a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=fe1419bc6a&amp;e=9e7908574a\"><strong>Financial Archetypes<\/strong><\/a><\/p>\n<p class=\"\">I thought this quiz was fun and interesting. You answer 5 questions to find out what your top 3 financial archetypes. It\u2019s like the\u00a0<a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=f17baefe34&amp;e=9e7908574a\">Myers-Briggs<\/a>\u00a0\/\u00a0<a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=ed9a5c185f&amp;e=9e7908574a\">StrengthFinders<\/a>\u00a0\/\u00a0<a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=16c91ca9d8&amp;e=9e7908574a\">Enneagram<\/a>\u00a0for gaining insight into your money personality. Mine were (1) The Saver, (2) The Guardian, and (3) The Empire Builder. ??\u200d\u2640\ufe0f What are yours?<\/p>\n<p class=\"\"><a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=348691fb2d&amp;e=9e7908574a\"><strong>Investing and Fear of Missing Out<\/strong><\/a><\/p>\n<p class=\"\">Investing and FOMO are a very dangerous combination.<\/p>\n<p class=\"\"><a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=4af0579d2e&amp;e=9e7908574a\"><strong>Listen to Your Own Advice<\/strong><\/a><\/p>\n<p class=\"\">Do you give advice to friends and loved ones that you don\u2019t apply in your own life? Recently I was worried about a friend and advised her to set boundaries for a job that seeped into her personal life and family time. After reading this article, I realized what a hypocrite I am as right now I am in my office past the boundary I set for myself to be fully present with my family. ??\u200d\u2640\ufe0f There is tomorrow to try again!<\/p>\n<p class=\"\">Til next time!<\/p>\n<div class=\"\n          image-block-outer-wrapper\n          layout-caption-hidden\n          design-layout-inline\n          combination-animation-none\n          individual-animation-none\n          individual-text-animation-none\n        \" data-test=\"image-block-inline-outer-wrapper\"><\/p>\n<figure class=\"\n              sqs-block-image-figure\n              intrinsic\n            \" style=\"max-width: 157px;\"><\/p>\n<div class=\"image-block-wrapper\" data-animation-role=\"image\">\n<div class=\"sqs-image-shape-container-element\n\n              has-aspect-ratio\n            \" style=\"padding-bottom: 96.8152847290039%; overflow: hidden;\"><br \/>\n<noscript><img decoding=\"async\" src=\"https:\/\/bwfinancialplanning.com\/wp-content\/uploads\/2022\/01\/Blogsignature.jpg\" alt=\"\"><\/noscript><img decoding=\"async\" class=\"thumb-image\" src=\"https:\/\/bwfinancialplanning.com\/wp-content\/uploads\/2022\/01\/Blogsignature.jpg\" alt=\"\" data-image=\"https:\/\/bwfinancialplanning.com\/wp-content\/uploads\/2022\/01\/Blogsignature.jpg\" data-image-dimensions=\"157x152\" data-image-focal-point=\"0.5,0.5\" data-load=\"false\" data-image-id=\"61e98b7d58beb16de179a347\" data-type=\"image\" \/><\/div>\n<\/div>\n<\/figure>\n<\/div>\n<p class=\"\">P.S. Thank you, as always, for being a subscriber and supporting my work. If you feel an urge to share this note with your friends, please do and\u00a0<a href=\"https:\/\/bwfinancialplanning.us4.list-manage.com\/track\/click?u=119e09a2637977b0cdbfc1cd5&amp;id=fbae8eff78&amp;e=9e7908574a\"><span style=\"text-decoration: underline;\">suggest they sign up here<\/span><\/a>. Thanks!<\/p>\n<p class=\"\"><em>Disclosures:\u00a0<\/em><\/p>\n<p class=\"\"><em>BW Financial LLC dba BW Financial Planning is an Investment Adviser registered with the State of Colorado.<\/em><\/p>\n<p class=\"\"><em>All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this communication&#8217;s conclusions. This communication is for informational purposes only and should not be construed as legal, accounting and\/or tax advice. Should you have any questions and\/or issues in these areas, please consult your legal, tax and\/or accounting adviser.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deflating Your Inflation Investing Fears Inflation worries are dominating the headlines again. This article is a good reminder that you don\u2019t want the cure to be worse than the disease. Look Ahead to 2032, at the Very Least Investing is not a get-rich quick scheme. It takes time, patience, and discipline. Not a very exciting [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":329,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,13],"tags":[21],"class_list":["post-24","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-behavioral-finance","category-investing","tag-investing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Investing FOMO<\/title>\n<meta name=\"description\" content=\"Investing and FOMO are a very dangerous combination.\u00a0How to stay focused on your investment plan, not the latest shiny new thing\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bwfinancialplanning.com\/?p=24\" \/>\n<meta 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