What do tennis and finance have in common? 

More than you might think!

In both fields, unforced errors can have a huge impact on your performance and outcomes.

This week, Corey Heimensen explores the concept of unforced errors in finance, draws parallels between tennis and decision-making, and dives into the psychology behind our choices. He also emphasizes the importance of learning from mistakes, avoiding overconfidence, and planning for the future.

Corey discusses:

• Unforced errors in tennis and golf, and how they relate to mistakes made in the investing and finance world
• The US Open, the crowd, and the drink called ‘Honey Deuce’
• The importance of evaluating mistakes and learning from them in order to improve in various aspects of life
• The importance of understanding and not underestimating the risks associated with investments and financial decisions
• The dangers of overconfidence and the inevitable market downturns
• The importance of managing taxes, ensuring cash flow, and weathering market volatility for long-term success
• And more!

 

Resources:

• “Stop Doing Dumb Things With Your Money” – by Corey Heimensen

Connect with Corey Heimensen:

• (712) 472-3867
• Toll-Free: 800-657-4316
• LinkedIn: Corey Heimensen
• Heimensen Wealth Advisors 
• Facebook: Heimensen Wealth Advisors

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