Newscasts - Financial advisor says investors need to keep emotions in check now

Ameriprise Financial

04/04/2025 21:27

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_y0436irt&referenceId=tag:reuters.com,2025:newsml_RW436504042025RP1_930&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: With the constant attention being paid in the media to the market declines because of the tariffs imposed by U.S. President Donald Trump, investors need to make sure their emotions don't get the best of them, says Jason Betz, private wealth advisor with Ameriprise Financial.

Short Link: https://refini.tv/4lzDfRJ

Video Transcript:

I think investors should be paying attention to their allocations. And I think investors should actually also be paying attention to how they are emotionally processing what they are consuming on social media, the financial media, and even the mainstream media because right now there is a whole lot of exacerbation going on, and it's pretty much all anyone is talking about, at least in the financial world. And when our emotions are at high levels, as I think for many folks they are right now, that can lead to bad decision making. Anytime your decision in investing is preceded by the word “I feel,” that usually is not going to be a great outcome. So that's really what I'd be what I'd be looking at.