This week Jim and Cathlyn discuss investment mistakes, specifically how to recognize and learn from them, and then focusing on changing your investment behavior. They discuss a recent Wall Street Journal article titled “The Seven Deadly Sins of Investing” by Kirsten Grind (subscription required). As you might suspect, Jim’s first topic is to have a plan, which helps keep you focused and able to avoid many common investing mistakes. The guest this week is Chad Moutray, Chief Economist with the National Association of Manufacturers. Chad will discuss states that are friendly for business, have attractive tax structures, and a reasonable cost of living.
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