Welcome to Novem Nexus: Navigating Your Financial Narrative, where we explore the various topics of finance, the stories, strategies, and psychology behind our financial decisions with host Greg Wagner as we dive into the intersection between finance and the human experience.

The financial landscape is saturated with advice and rules, Novem Nexus aims to stand out by focusing on the underlying motivations, beliefs, and emotions that drive our financial behavior. We explore not only the “what” and “how” of finance but, more importantly, the “why.” At Novem Group, we believe that finance is not just about numbers and equations; it’s about real people with real emotions. That’s what this podcast is all about: understanding the reasons behind our financial decisions and uncovering the narratives that shape our financial lives.

Novem Nexus is more than just a podcast. Connect with us on social media, share your experiences, and join the conversation. Together, let’s navigate our financial narratives with confidence. Welcome to Novem Nexus: Navigating Your Financial Narrative.

Greg Wagner is a Registered Representative with American Portfolios Financial Services, Inc. (APFS), Member: FINRA, SIPC, and an Investment Adviser Representative with Novem Group, an SEC-Registered Investment Adviser. APFS and Novem Group are independent and unaffiliated entities. All opinions expressed by Greg Wagner or any guests are solely their own and do not reflect the views of Novem Group or American Portfolios Financial Services. This podcast is for informational purposes only, and does not constitute tax, investment, or other financial advice, and is not endorsement of any securities discussed, and listeners should not rely on it for their financial decisions. (AP PMR #34375 5-23-24)

In this inaugural episode of Novem Nexus, Greg Wagner dives deep into the intricacies of investor psychology, uncovering the hidden factors that shape our financial decisions. In Segment 1, we explore Cognitive Biases and Investment Choices. We define cognitive biases and their profound impact on investment decisions. Common biases such as anchoring, confirmation bias, and overconfidence are dissected, accompanied by real-life examples illustrating their influence on investment choices. We emphasize the critical importance of recognizing and mitigating these biases to make more informed and rational investment decisions.

Moving on to Segment 2, we examine Emotions and Financial Decision-Making. Fear, greed, and regret are explored as powerful emotional drivers that can lead to impulsive and irrational investment decisions. We discuss strategies for managing these emotions and maintaining discipline in investment strategies. Practical tips are shared to help listeners stay grounded and rational, especially during periods of market volatility, ensuring they make decisions aligned with their long-term financial goals.

Finally, in Segment 3, we delve into the Perception of Risk and Uncertainty. We analyze how individuals perceive and assess risk in investment decisions, including the concept of risk tolerance and its influence on investment strategies. Techniques for assessing and managing risk in investment portfolios are explored, highlighting the importance of distinguishing between perceived risk and actual risk. By understanding these psychological nuances, listeners can navigate the complex world of investing with greater clarity and confidence, ultimately enhancing their financial well-being.