I saw another interesting video I'd like to share with you. This one was from Investors Business Daily's web-site, it features an interview with Steve Wendel. Dr. Wendel is a behavioral scientist who studies financial behavior to help individuals manage their money more effectively. He is Head of Behavioral Science at Morningstar, where he leads a team of behavioral scientists and practitioners who conduct original research on savings and investment behaviors. Stephen has authored two books on applied behavioral science.
In this video Dr. Wendel talks about behavioral finances, coaching and psychological obstacles. People needed to be coached because they don’t perform well at current tasks. Coaching is one of those things that a lot of people aren't sure about. Although most of the world's most successful people, from athletes to business people, have coaches to accelerate their success. If you already know roughly what you need to do to achieve your goals, but you're good for making excuses and putting it off, a coach will put an end to that procrastination. When you're only answerable to yourself, it's too easy to say "I'll do it later or wait till tomorrow" and we all know that tomorrow never comes! A coach is there to be your conscience, providing a supportive nudge in the right direction.
Working with a mentor/coach can help push you to the next level. A good mentor knows where your next step should be to continue on your road to success. When you’re a new trader, it can be difficult to know what the next step is. A good mentor will guide you through the processes of learning and growing. Coaching is individualistic and it works best when it is tailored for the a persons specific needs. We may share computer screens shots and work on the trades together or we could be exchanging emails or texts.
In this video Dr. Wendel talks about behavioral finances, coaching and psychological obstacles. People needed to be coached because they don’t perform well at current tasks. Coaching is one of those things that a lot of people aren't sure about. Although most of the world's most successful people, from athletes to business people, have coaches to accelerate their success. If you already know roughly what you need to do to achieve your goals, but you're good for making excuses and putting it off, a coach will put an end to that procrastination. When you're only answerable to yourself, it's too easy to say "I'll do it later or wait till tomorrow" and we all know that tomorrow never comes! A coach is there to be your conscience, providing a supportive nudge in the right direction.
Working with a mentor/coach can help push you to the next level. A good mentor knows where your next step should be to continue on your road to success. When you’re a new trader, it can be difficult to know what the next step is. A good mentor will guide you through the processes of learning and growing. Coaching is individualistic and it works best when it is tailored for the a persons specific needs. We may share computer screens shots and work on the trades together or we could be exchanging emails or texts.
Having a great coach and mentor can make all the difference. We've already tried and failed; we’ve made mistakes and have learned from them. Working with a mentor can be expensive in the short run, but in the long run, you may end up shortening your learning curve and get you even better success that your looking for.
Developmental coaching is an individual development program tailored to help boost strengths, professional goals and objectives. Through coaching, you can enhance your effectiveness as well as support purposeful actions towards your goals and desires. It is your opportunity to stand back and gain new perspectives on your challenges and opportunities. Dr. Wendel's studies help people achieve results in areas of their life that they have previously struggled with, such as exercising more and building up savings.
So, should you invest in the stock market today? The stock market is at an all time high and most stocks appear expensive. This is a conundrum to both new and experienced investors alike. Nobody wants to buy stock if it’s going to crash 20% in 6 months, right? On the other hand, the stock market might continue to go up for the next few years. You don’t want to miss out on that gain. If you search around on the internet, you’ll see articles as far back as 2009 telling investors to pull out of the stock market. The S&P 500 index has more than doubled from that point in time and we’d all be a lot poorer if we followed that advice.
There is an invisible force that determines how we see ourselves and the world. So, If you are a young investor and just starting out, then invest as much as you can. At that point, your saving rate is much more important than the rate of return. Young investors also have time on their side. Even if the stock market crashes, you will have plenty of time to recover. In fact, young investors should hope for a big crash. That’s the time to buy and it benefits them the most. Just keep investing if you’re in your 20s,30s and 40's.
Like Dr. Wendel, Bulls To Bears teaches different ways to help individuals solve some potentially big problems. When people change their behavior and daily routines, whether it’s exercising more taking control of their finances or organizing their emails. Life becomes better. Development Training uses a variety of tested and proven methods to support you in your journey. When you engage in developmental coaching with us, we will introducing you to the exciting world of the stock market, taking you from the very beginning "What is a stock?" to teaching you about different investing strategies, like Fundamental and Technical analysis.
For the past couple of decades, Stocks and real estate are the two investments, which have constantly beat all other forms of investments. Whether it is bonds or commodities like gold, silver, oil etc.. The stock market has been able to outperform all these investments with the best returns on investments. Hence, with the tremendous growth potential in the stock market, it is always advisable to be investing in stocks.
Check out the full video interview with Dr. Wendel at the link here: VIEW DR. STEVE WENDEL VIDEO
Bulls To Bears is dedicated to empowering our followers by encouraging their advancement by providing a system of training and development that is ongoing and structured to purpose. Our stock trading objective is to prepare and empower individuals just like you to participate in the market safely and meaningfully. Further, we believe that skills we help develop is a critical contributor to the success of our followers.
Remember, you can learn more information about our stock trading strategies on our website at BullsToBears.com. Also there you'll find a 14 day FREE trial so you can take advantage of some ready to advance trades.
If you haven't done so we highly encourage you to Join our Free newsletter so you don't miss our blog updates or any valuable stock trading information.
Till Next time... Happy Trading!
There is an invisible force that determines how we see ourselves and the world. So, If you are a young investor and just starting out, then invest as much as you can. At that point, your saving rate is much more important than the rate of return. Young investors also have time on their side. Even if the stock market crashes, you will have plenty of time to recover. In fact, young investors should hope for a big crash. That’s the time to buy and it benefits them the most. Just keep investing if you’re in your 20s,30s and 40's.
Like Dr. Wendel, Bulls To Bears teaches different ways to help individuals solve some potentially big problems. When people change their behavior and daily routines, whether it’s exercising more taking control of their finances or organizing their emails. Life becomes better. Development Training uses a variety of tested and proven methods to support you in your journey. When you engage in developmental coaching with us, we will introducing you to the exciting world of the stock market, taking you from the very beginning "What is a stock?" to teaching you about different investing strategies, like Fundamental and Technical analysis.
For the past couple of decades, Stocks and real estate are the two investments, which have constantly beat all other forms of investments. Whether it is bonds or commodities like gold, silver, oil etc.. The stock market has been able to outperform all these investments with the best returns on investments. Hence, with the tremendous growth potential in the stock market, it is always advisable to be investing in stocks.
Check out the full video interview with Dr. Wendel at the link here: VIEW DR. STEVE WENDEL VIDEO
Bulls To Bears is dedicated to empowering our followers by encouraging their advancement by providing a system of training and development that is ongoing and structured to purpose. Our stock trading objective is to prepare and empower individuals just like you to participate in the market safely and meaningfully. Further, we believe that skills we help develop is a critical contributor to the success of our followers.
Remember, you can learn more information about our stock trading strategies on our website at BullsToBears.com. Also there you'll find a 14 day FREE trial so you can take advantage of some ready to advance trades.
If you haven't done so we highly encourage you to Join our Free newsletter so you don't miss our blog updates or any valuable stock trading information.
Till Next time... Happy Trading!
