Carl Richards On What Real Financial Advice Means (Rewind) (EP.153)

The Long Term Investor

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5M ago 41:04

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In this episode, I’m joined by Carl Richards, a Certified Financial Planner (CFP®) and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. This episode originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for your investing strategy.

Listen now and learn:

How investors fall victim to the behavior gap
What it means to do real financial planning
The best way to avoid “The Big Mistake”

To see the original show notes, YouTube interview, and resources visit this page: EP 100: What Real Financial Advice Means with Carl Richards.

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

TIMESTAMPS:

(04:30) What is the Behavior Gap?

(07:45) Why Investors Get Distracted

(11:05) What Investors Need When Markets Are Scary

(17:30) Real Financial Planning

(24:30) Getting Ahead vs. Having Enough

(30:00) The Value of a Real Financial Advisor

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