“It’s not just with finance. When you make decisions based on emotions instead of facts and data, it’s not usually going to turn out well,” Isola says. “Nobody is saying you shouldn’t be emotional or get upset. Just be aware that your behavior is going to be the biggest determinant of your success with investments and whether you achieve your goals. And being aware can help you make the right decisions for the long term.”
Anthony is currently heading the Educator/403(b) Division at Ritholtz Wealth Management LLC. The goal of our division is to transform the way teachers save for retirement. For disclosure information please see here.