Millennials & Financial Porn | Emotional Investing

Millennials tend to get caught up in the financial porn that’s presented to them by the media.

Stocks are Tanking!

Trade War!

Worst Decline in History!

These are a few of the headlines you may have read in regards to the financial markets. However, you need to be cognizant that not everything you read, hear, or see is 100% accurate.

The two largest news networks, CNN & Fox both make billions of dollars a year. In order to become successful, you cannot fall into the façade that is portrayed in the media.

The media isn’t a non-profit company, their job is to make money. One of the oldest tricks in the book to drive viewers to their outlets is by instilling fear into the public.

Now, I’m not saying that you shouldn’t be educated on what’s going on in the world. What I’m saying is that if you really want to take yourself to the next level of success, it’s vital to make decisions that are in your best interest.

Every professional athlete has a coach, every company has a CEO, so, why shouldn’t you?

I would recommend that you hire a tax and financial professional because

“it’s easier to be someone who learns from someone else’s mistakes than to be the person who is making mistakes. “

Happy Slacking,

Joshua Krafchick, AKA “CHACHI”

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