Quoted in Knoxville News Sentinel: How Media Influences Investor Behavior

Carson McLean, founder of Altruist Wealth Management, was quoted in the Knoxville News Sentinel following his presentation on how media consumption influences investor behavior and market perspectives.

During the presentation, McLean highlighted how emotional triggers like fear, greed, and FOMO (fear of missing out) can distort rational investment decisions.

"We don’t need fear and dismay, but we can’t escape uncertainty," McLean noted, emphasizing the importance of discipline, personal planning, and filtering media noise. He also warned investors to "resist the urge to benchmark to your neighbors" and instead focus on individualized financial goals.

The article underscores the critical need for investors to maintain perspective, stay patient, and avoid emotional reactions driven by provocative headlines or social media hype.

📰 (Original article appeared in the Knoxville News Sentinel on September 22, 2023.)(Republished summary available at Asset Planning Corporation’s blog.)