5 Financial Tips From An Actual Financial Analyst
Boost your financial literacy with a few proven strategies to better plan your retirement.
I spent more than a decade as a financial analyst. It has shaped who I am — far beyond my spreadsheets. Everything I see has a giant risk-reward ratio hovering over it.
- Going to the gym.
- Choosing to dig my heels in on an argument.
- Seeing a movie with a 70% Rotten Tomato rating.
Every decision feels like a calculation, a balancing act between potential gains and losses. Yes, I wish I could turn it off, as it feels robotic. But this psychology is imbued into my brain at this point.
There’s tons of bad investing advice out in the world. Social media is particularly insidious, written by people with no experience. And, sadly, people gobble it up.
Their vulnerability stems from “scared money”. It’s a phrase we applied to clients who wanted massive returns, but who were petrified of taking on any risk. One client demanded a 25% annual return but wanted near zero volatility (also called low “risk beta”) and no chance of bankruptcy.
On social media, influencers make these investments seem real and only a click away.
