LibraryScenariosWhen family dynamics drive poor investment decisions
Scenario

When family dynamics drive poor investment decisions

My brother-in-law keeps bragging about his stock picks at family dinners and I started copying his trades just to shut him up but now I am down $15K.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Social pressure and ego within family relationships are overriding your financial judgment and causing real monetary harm.

Ideas that help explain it
Worth thinking about

“Where Are You with Stock market investing for individuals?”

If this sounds familiar, the Library can help you find the bigger picture.