Life Money Balance® Podcast
The Life Money Balance® podcast helps you “let your life lead your money, not your money lead your life” and engage with your journey to create your life's design. The podcast uses compelling conversations that combine money psychology with personal finance topics to improve your well-being and achieve your life aspirations.
Your host Dr. Preston D. Cherry (“Dr. Cherry”), interviews guests and performs solo shows to provide an emotion-safe space where real people engage in real talk and share authentic moments. Let’s chop! Learn more by following @drprestoncherry, Certified Financial Planner, Certified Financial Therapist, University Professor, and Founder & President of Concurrent Financial Planning, www.concurrentfp.com.
Life Money Balance® Podcast
Bitcoin is Up—But Should You Buy?
Are you falling into the trap of following the herd? In this episode, Dr. Preston Cherry breaks down why blindly imitating others can hurt your finances, especially when it leads to buying high and selling low.
This episode emphasizes the importance of understanding one's long-term financial goals and matching investment actions to these objectives, avoiding impulsive decisions driven by fear of missing out (FOMO).
Key Points:
• Behavioral Pitfalls in Investing
• Core and Satellite Strategy
• Crypto Caution and Discipline
• Traditional vs. Decentralized Finance
• Educating Investors
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Dr. Preston D. Cherry
What we share here is for educational purposes only, not personal financial advice. Feel free to join in the discussion! See our disclosures for more information: https://www.concurrentfp.com/disclosures/