Financial wellness and planning
April 19, 2023
In episode 2 in this series on the importance of financial advice, experts from Vanguard and elsewhere in the financial services industry offer perspectives on a number of investor behavior questions, including how the number of choices an investor faces can affect their ability to make decisions, what types of investors look for advice, and how investors can feel more confident about their choices no matter how many options there are.
As Americans' investment choices increase, along with their control over those investments, so does their uncertainty about their ability to manage their finances. This episode looks at how financial advice can help investors navigate this paradox.
This audio series of three 20-minute episodes highlights insights from Vanguard and other financial experts and details results of the recent Economist Impact survey of 1,200 American investors.
“Investing is emotional…It’s hard to get away from that," says Janelle McDonald, principal and head of Vanguard Relationship Management Group.
All investing is subject to risk, including the possible loss of the money you invest.
Diversification does not ensure a profit or protect against a loss.
Vanguard’s advice services are provided by Vanguard Advisers, Inc. (“VAI”), a registered investment advisor, or by Vanguard National Trust Company (“VNTC”), a federally chartered, limited-purpose trust company.
This information is for general guidance only and does not take into consideration your personal circumstances or other factors that may be important in making investment decisions. We recommend that you consult a financial or tax advisor about your individual situation before investing.
Vanguard podcasts, produced by Economist Impact, originally appeared in June 2022 as “The expanding universe of choice.”