Financial Maintenance

Financial Maintenance

Why do so many airplanes experience issues after heavy maintenance, like engine overhauls? Why do cars sometimes develop new problems after coming out of the shop? Why do some patients struggle with complications after surgery? And why do some people find themselves losing money even when it’s being actively managed by professionals?

These situations might seem unrelated, but there’s a concept that explains them all: “Maintenance Induced Failure.” It refers to the risks that come with excessive or poorly executed maintenance. So, how much maintenance is too much, and when does it start doing more harm than good?

In today’s episode of Wealth Talks, John explores the idea of Maintenance Induced Failure and how it can impact your finances. From over-managing investments to unnecessary financial “tune-ups,” understanding this concept could save you from costly missteps.

Key Takeaways:

• What Maintenance Induced Failure is and why it matters.
• How over-managing investments can sometimes lead to losses.
• When to trust your financial strategy and avoid unnecessary adjustments.

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