PORTFOLIO-MANAGEMENT-INVESTING5 MIN READ
Talk a client through a drawdown without debating feelings
Respond to a drawdown-driven sell request by validating emotion and returning to the IPS decision process.
Evan EV Retired founder 1 Acknowledge 2 Narrow 3 Policy Drawdown call 7:40 p.m. The pressure Evan wants to move half the portfolio to cash after seeing a $380,000 decline. Loss aversion is pushing for immediate control before the IPS has been consulted. -$380k portal decline 18 mo spending reserve funded
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