As an avid golfer who absolutely loves to hit range balls – aka “Range Rat” it is always very important to not reinforce bad habits…. Said another way, the more you process bad habits the more you reinforce it and then it is very hard to fix at a later time….and can seem like the norm!
Just like a Baseball swing or sloppy outfield catch, poor feet or hand work on the O or D line, bad posture while working, driving, doing yard work, or lifting something heavy (Don’t do this – with the knees as they say!) or even less than positive thoughts … bad habits reinforced can become the norm and can cause less than normal expectation issues!
Bad Market Habits
Sharp downturns in Capital Markets, followed by quick returns to normal, while awesome and we are happy they occur are not the norm … Bad Habits are being reinforced….
From an interesting Podcast called On Investing – Friend Liz Ann Sonders (Equites specialist) and Kathy Jones (Fixed Income/Bond specialist)
From Kathy Jones
Usually in most cycles, when you get a lot of negative sentiment about the economy and people worried about where the economic policy is going, you see it transfer immediately into the corporate bond market. And this time, we just haven’t seen it. So it’s an interesting dichotomy this time around.
Very different from what we’ve seen before. The focus is really on government entities and how they’re doing. So, yeah, we’ll see how this plays out.
I feel sometimes like we’re in the midst of a late 90s kind of market where you remember the tech bubble and it just kept going and going and going and nothing seemed to really do anything to it until it stopped.
Until it did.
From Liz Ann Sonders
Yeah. Now, I’m not saying this is a bubble either, I’m just saying it feels a lot like the buy the dip, the retail traders, the overconfidence in the corporate sector. It feels very much like the late 90s and of course, that didn’t necessarily end well, but every time is different.
Not to worry, our guards are not down- but never hurts to have a gentle reminder!
Have a Great ” Reminder of Bad Habit Reinforcement” Day!
John A. Kvale CFA, CFP
AI Content Authenticity: All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
