Dr. Brad Klontz
speaker
51 appearances
2 recordings
1 series
first heard Apr 2023
last heard Apr 2023
Dr. Brad Klontz’s voice in public audio — every appearance, attributed to the second.
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Appearances
What is your psychology around homeownership?
in general, like what are your beliefs?
Like some people have beliefs that, well, homes never lose value or real estate always goes up.
And historically, you might be correct, but that does not mean that it is the right time for you to buy.
WSJ Your Money Briefing · How to Avoid the Most Common Mistakes Made by Homebuyers · 21 Apr 2023
podcast
Well, one of the things that happens in just about every area of investing or purchasing decisions is something that we call FOMO, which is fear of missing out.
This is hardwired into our brains.
Interest rates are going up.
I'm starting to get anxious.
Should I buy now?
Because when we become emotionally charged, we become rationally challenged.
And the more emotionally charged we are, the more likely we are to make a mistake.
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