Behavioral Finance Series with Joe McQuaid [EP. 35]
In this enlightening episode of The Chase hosted by Chris McAlpin, the discussion delves deep into the human psyche, focusing on the biases...
1 min read
Chris McAlpin : Apr 6, 2022 11:00:00 PM
In this enlightening episode of The Chase hosted by Chris McAlpin, the discussion dives deep into the concept of "noise" and how it impacts our financial decisions. The conversation touches on the inundation of information we receive daily and how to filter through it effectively. The episode emphasizes the importance of having a structured plan and framework to interpret the vast amount of data available today.
The discussion also touches on real-life examples, such as the implications of the yield curve inversion and its historical significance in predicting recessions. The episode further delves into the importance of breaking complex judgments, like financial planning, into smaller, manageable parts.
Drawing parallels with mountaineering, the episode underscores the significance of adhering to established procedures and rules to ensure safety and success. The conversation concludes with a reflection on biblical teachings, emphasizing the importance of discerning truth from noise and seeking guidance from God in our financial and life decisions.
Key Takeaways:
Biblical References:
For more insightful episodes on biblical finances and financial investing, explore more episodes from The Chase series by viewing the playlist here. If you have questions or need assistance, please reach out to the Sound Financial Strategy Group at Sound Financial Strategy Group.
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