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- Why do only 13% of American millionaires describe themselves as wealthy? Why don’t we recognize our abundance for what it is?
- What is wealth confidence and what are its broader implications within portfolio management?
- Wealth confidence is definitely somewhat correlated with portfolio performance, but why is net worth alone not a sufficient measure for one’s wealth confidence?
- Is there a sense in which $1,000,000 doesn’t actually get you that far with the rapidly increasing costs of living an upper-middle class lifestyle?
- When there’s a disconnect between composure and capacity, should you accommodate the personality preference, the facts on the ground or land somewhere in the middle?
- If we want to be content and confident with our money, what type of environment should we cultivate for ourselves from a social comparison standpoint?
- Does Anthony have any other practical takeaways from his research for those looking to increase their wealth confidence?
https://www.td.com/behaviouralfinance
Compliance Code: Code: 3239-OAS-12/5/2023
Tune in to hear:
- Why do only 13% of American millionaires describe themselves as wealthy? Why don’t we recognize our abundance for what it is?
- What is wealth confidence and what are its broader implications within portfolio management?
- Wealth confidence is definitely somewhat correlated with portfolio performance, but why is net worth alone not a sufficient measure for one’s wealth confidence?
- Is there a sense in which $1,000,000 doesn’t actually get you that far with the rapidly increasing costs of living an upper-middle class lifestyle?
- When there’s a disconnect between composure and capacity, should you accommodate the personality preference, the facts on the ground or land somewhere in the middle?
- If we want to be content and confident with our money, what type of environment should we cultivate for ourselves from a social comparison standpoint?
- Does Anthony have any other practical takeaways from his research for those looking to increase their wealth confidence?
https://www.td.com/behaviouralfinance
Compliance Code: Code: 3239-OAS-12/5/2023
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