Business
Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them. Meet the voices behind Making Margin:NickAllie JeffDrewToday’s topic is all about investing through a global pandemic.On February 13, 2020, we released a podcast episode entitled “Investing is Boring” where we discussed the evidence behind our investment approach, and why investing shouldn’t be a thrill ride. Then, the entire world changed.Today we’re going to be talking about whether or not we’ve modified our approach, and what we’ve been up to for our clients.Also, we’re going to talk about the disconnect between the market and the economy. Why has the market recovered much of its losses while unemployment has skyrocketed? Discussion topics:Who saw this coming?What has surprised you most about the way the market has reacted as of today?Why is it so tempting to want to make predictions about a totally unknowable future?Take Away: Have an investment plan that you are confident in no matter what happens in the world, then stick to it.Resources:Thinking Fast and Slow by Daniel Kahneman