Andrew Musbach, CFP® (@andrewmusbach) 's Twitter Profile
Andrew Musbach, CFP®

@andrewmusbach

Co-Founder and #FeeOnly Financial Advisor at MD Wealth Management, LLC. Always believing this is the year for @UMichfootball. Tweets not advice.

ID: 1050041696539631616

linkhttps://mdwmllc.com/ calendar_today10-10-2018 15:13:44

1,1K Tweet

925 Followers

300 Following

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There is a direct correlation between how crappy or expensive an investment/product is to how difficult a company makes it to get out of it.

Andrew Musbach, CFP® (@andrewmusbach) 's Twitter Profile Photo

People often confuse investing in a good company and the price at which they buy. Valuations can be subjective, but the price at which you buy a stock is not.

Andrew Musbach, CFP® (@andrewmusbach) 's Twitter Profile Photo

The investors who think they know more than the others usually end up doing worse than others. Humility goes a long way with investing.

Andrew Musbach, CFP® (@andrewmusbach) 's Twitter Profile Photo

You can have a below average understanding of the stock market and have above average returns simply by getting out of your own way.

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"The more concerned we become over the things we can't control, the less we will do with the things we can control." - John Wooden

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Seeing “all-time-highs” in the stock market often has the reverse effect of producing concerns about whether it can continue rather than optimism about how things are going. I’ll never understand this.

Andrew Musbach, CFP® (@andrewmusbach) 's Twitter Profile Photo

There are three types of investors: 1) Optimistic – It’s not going to rain. 2) Pessimistic – I knew it was going to rain at some point, which is why I never leave the house. 3) Realistic – Glad I planned for this and brought an umbrella.

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Lessons you can take from baseball and apply to investing: Lesson 1: People love seeing home runs, but usually it’s the singles and doubles that win games over time.

Andrew Musbach, CFP® (@andrewmusbach) 's Twitter Profile Photo

Investing is rarely stress-free (even when the stock market is hitting all-time-highs), for several reasons: 1) our emotions 2) our dislike for uncertainty 3) news headlines and the media.

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"The greatest power you possess in life is your understanding that life gives you a fresh start any moment you choose." - Guy Finley