Are today’s investors psychologically conditioned to buy every market dip—no matter the risk?
Lance Roberts explores the “Investor Dilemma” through the lens of Pavlov’s classical conditioning, revealing how years of Fed interventions, liquidity injections, and momentum rallies have trained investors to respond to volatility like Pavlov’s dogs to a bell...and three Gold Myths you don't want to mith...er, miss.
0:20 - 1st Trading Day of November (w No Gov't Data)
4:06 - Markets' Long Stretch of Gains - Pullback Coming?
8:50 - Markets' Buy the Rumor - Sell the News to Fed Action
11:53 - Two Myths About the Federal Reserve
15:31 - Why the Fed Likely Ended QT
19:29 - The Investors' Dilemma
22:33 - The Definition of Moral Hazard
24:52 - The Change in Liquidity Index
27:36 - If there's No Risk, Why NOT Overpay for Stocks?
32:30 - Fundamentals Still Matter
35:37 - 10% Correction from Current Levels is a Possibility
38:00 - The Buying Part is Easy...
39:46 - The Three Myths About Gold
39:46 - The Three Myths About Gold
🎧 Watch now to learn how market psychology may be conditioning your portfolio decisions without you realizing it.
Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
-------
Watch Today's Full Video on our YouTube Channel:
https://www.youtube.com/watch?v=GyKGGi6LSV8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
-------
Articles Mentioned in Today's Show:
"Gold Myths Luring Investors Into Risk"
https://realinvestmentadvice.com/resources/blog/gold-myths-luring-investors-into-risk/
"Investor Dilemma: Pavlov Rings The Bell"
https://realinvestmentadvice.com/resources/blog/investor-dilemma-pavlov-rings-the-bell/
--------
The latest installment of our new feature, Before the Bell, "Six Straight Months: Is a Market Pullback Next?" is here:
https://www.youtube.com/watch?v=dE7tA_f9GyI&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
-------
Our Previous Show, "Why Risk Tolerance Questionnaires Don’t Work," is here:
https://www.youtube.com/watch?v=ZUIhiCubDgw&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1
-------
Get more info & commentary:
https://realinvestm entadvice.com/newsletter/
--------
SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow
--------
Visit our Site: https://www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to SimpleVisor:
https://www.simplevisor.com/register-new
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
#MarketUpdate #StockMarketAnalysis #PreMarketBrief #RiskManagement
#SantaClausRally #BehavioralFinance #InvestorDilemma #MarketPsychology
All content for The Real Investment Show (Full Show) is the property of Lance Roberts and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Are today’s investors psychologically conditioned to buy every market dip—no matter the risk?
Lance Roberts explores the “Investor Dilemma” through the lens of Pavlov’s classical conditioning, revealing how years of Fed interventions, liquidity injections, and momentum rallies have trained investors to respond to volatility like Pavlov’s dogs to a bell...and three Gold Myths you don't want to mith...er, miss.
0:20 - 1st Trading Day of November (w No Gov't Data)
4:06 - Markets' Long Stretch of Gains - Pullback Coming?
8:50 - Markets' Buy the Rumor - Sell the News to Fed Action
11:53 - Two Myths About the Federal Reserve
15:31 - Why the Fed Likely Ended QT
19:29 - The Investors' Dilemma
22:33 - The Definition of Moral Hazard
24:52 - The Change in Liquidity Index
27:36 - If there's No Risk, Why NOT Overpay for Stocks?
32:30 - Fundamentals Still Matter
35:37 - 10% Correction from Current Levels is a Possibility
38:00 - The Buying Part is Easy...
39:46 - The Three Myths About Gold
39:46 - The Three Myths About Gold
🎧 Watch now to learn how market psychology may be conditioning your portfolio decisions without you realizing it.
Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
-------
Watch Today's Full Video on our YouTube Channel:
https://www.youtube.com/watch?v=GyKGGi6LSV8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
-------
Articles Mentioned in Today's Show:
"Gold Myths Luring Investors Into Risk"
https://realinvestmentadvice.com/resources/blog/gold-myths-luring-investors-into-risk/
"Investor Dilemma: Pavlov Rings The Bell"
https://realinvestmentadvice.com/resources/blog/investor-dilemma-pavlov-rings-the-bell/
--------
The latest installment of our new feature, Before the Bell, "Six Straight Months: Is a Market Pullback Next?" is here:
https://www.youtube.com/watch?v=dE7tA_f9GyI&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
-------
Our Previous Show, "Why Risk Tolerance Questionnaires Don’t Work," is here:
https://www.youtube.com/watch?v=ZUIhiCubDgw&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1
-------
Get more info & commentary:
https://realinvestm entadvice.com/newsletter/
--------
SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow
--------
Visit our Site: https://www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to SimpleVisor:
https://www.simplevisor.com/register-new
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
#MarketUpdate #StockMarketAnalysis #PreMarketBrief #RiskManagement
#SantaClausRally #BehavioralFinance #InvestorDilemma #MarketPsychology
10-31-25 Why Risk Tolerance Questionnaires Don’t Work
The Real Investment Show (Full Show)
46 minutes 29 seconds
4 days ago
10-31-25 Why Risk Tolerance Questionnaires Don’t Work
Most investors have filled out a risk tolerance questionnaire—but does it really measure how you’ll behave when markets crash? Richard Rosso & Jonathan McCarty break down why traditional risk tolerance tools fail to predict investor behavior, how emotions override risk profiles, and why time horizons, liquidity needs, and cash flow matter far more than a few survey questions.
0:19 - Halloween Prelude - Baby's First Halloween
2:31 - Risk Tolerance Tests - The Ugly Truth
6:00 - How Rich & Jonathan Scored
7:12 - The Spousal Tolerance Quiz
11:08 - Looking at Risk Tolerances in Couples
17:48 - What's Your Judgement Orientation?
21:52 - Responding to Market Moves - Mapped Portfolios
24:26 - What Happens When Powell is Out at the Fed
28:53 - Risk Tolerance Quizzes Do Not Reflect Reality When Markets Turn
30:30 - When Rich was 13 - Owning McDonald's
35:28 - EBT, Food Stamps, & Fast Food Comparisons
36:55 - Taking the Risk Quiz at 20 vs 50
39:08 - Investing Over-Confidence vs Balance
40:50 - The Millionaire Next Door I & II
43:34 - AI Impacty on Market History
Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP Senior Investment Advisor, Jonathan McCarty, CFP
Produced by Brent Clanton, Executive Producer
-------
Watch Today's Full Video on our YouTube Channel:
https://www.youtube.com/watch?v=ZUIhiCubDgw&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1
-------
The latest installment of our new feature, Before the Bell, "Bullish Momentum Builds," is here:
https://www.youtube.com/watch?v=quAIX8PhNZw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
-------
Our Previous Show, "The Most Dangerous Era in History," is here:
https://www.youtube.com/watch?v=qxX1Xw_bQP4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
-------
Get more info & commentary:
https://realinvestm entadvice.com/newsletter/
--------
SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow
--------
Visit our Site: https://www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to SimpleVisor:
https://www.simplevisor.com/register-new
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
#FinancialPlanning #RiskManagement #InvestorBehavior #WealthStrategy #RIAAdvisors
The Real Investment Show (Full Show)
Are today’s investors psychologically conditioned to buy every market dip—no matter the risk?
Lance Roberts explores the “Investor Dilemma” through the lens of Pavlov’s classical conditioning, revealing how years of Fed interventions, liquidity injections, and momentum rallies have trained investors to respond to volatility like Pavlov’s dogs to a bell...and three Gold Myths you don't want to mith...er, miss.
0:20 - 1st Trading Day of November (w No Gov't Data)
4:06 - Markets' Long Stretch of Gains - Pullback Coming?
8:50 - Markets' Buy the Rumor - Sell the News to Fed Action
11:53 - Two Myths About the Federal Reserve
15:31 - Why the Fed Likely Ended QT
19:29 - The Investors' Dilemma
22:33 - The Definition of Moral Hazard
24:52 - The Change in Liquidity Index
27:36 - If there's No Risk, Why NOT Overpay for Stocks?
32:30 - Fundamentals Still Matter
35:37 - 10% Correction from Current Levels is a Possibility
38:00 - The Buying Part is Easy...
39:46 - The Three Myths About Gold
39:46 - The Three Myths About Gold
🎧 Watch now to learn how market psychology may be conditioning your portfolio decisions without you realizing it.
Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
-------
Watch Today's Full Video on our YouTube Channel:
https://www.youtube.com/watch?v=GyKGGi6LSV8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
-------
Articles Mentioned in Today's Show:
"Gold Myths Luring Investors Into Risk"
https://realinvestmentadvice.com/resources/blog/gold-myths-luring-investors-into-risk/
"Investor Dilemma: Pavlov Rings The Bell"
https://realinvestmentadvice.com/resources/blog/investor-dilemma-pavlov-rings-the-bell/
--------
The latest installment of our new feature, Before the Bell, "Six Straight Months: Is a Market Pullback Next?" is here:
https://www.youtube.com/watch?v=dE7tA_f9GyI&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
-------
Our Previous Show, "Why Risk Tolerance Questionnaires Don’t Work," is here:
https://www.youtube.com/watch?v=ZUIhiCubDgw&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1
-------
Get more info & commentary:
https://realinvestm entadvice.com/newsletter/
--------
SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow
--------
Visit our Site: https://www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to SimpleVisor:
https://www.simplevisor.com/register-new
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
#MarketUpdate #StockMarketAnalysis #PreMarketBrief #RiskManagement
#SantaClausRally #BehavioralFinance #InvestorDilemma #MarketPsychology