Join Sam McGee, CEO of Crestmont Private Wealth, and Alec Walker, CFP, as they dive into behavioral finance biases, risk tolerance, and the challenges of investing during a market high. They discuss common investor biases like loss aversion, anchoring, and the illusion of control, and share historical data on market performance after all-time highs. The conversation also covers strategies for managing risk, the importance of understanding your own risk tolerance, and how working with an advisor can help you stay on track during volatile times.

00:00 – Introduction: Meet Sam McGee & Alec Walker

00:32 – Are we in a bubble? AI, market highs, and current events

01:14 – Behavioral finance: Loss aversion explained

02:46 – Anchoring bias and market highs

03:45 – The illusion of control in investing

04:48 – Historical data: S&P 500 after all-time highs

06:09 – Comparing today’s market to the dot-com bubble

07:19 – The unpredictability of market cycles

08:25 – Advice for investors: Timing the market vs. staying invested

09:25 – Understanding risk tolerance and risk willingness

10:30 – How to calibrate your portfolio for volatility

11:30 – Real client stories: Managing emotions and sticking to the plan

12:30 – The value of an advisor in behavioral coaching

13:30 – Analogies: Baseball, mountain biking, and investing

14:30 – Closing thoughts & how to contact Alec

Original Air Date: November 15, 2025 at 8:30am as heard on Boerne Radio 103.9FM

Contact: www.crestmontpw.com

Alec Walker in Houston: 831-280-5288

Sam McGee in Boerne: 830-368-2898

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