Listen

Description

Time is an invaluable commodity. As we wrap up our "Where Does Wealth Come From?" series with Part 3, we look closely at 3 different aspects of time and how they relate to the wealth creation experience.

Any worthy endeavor is worthy of the time to learn to do it well. It may involve reading (or listening on Audible for free!) a couple of great books on the subject (recommendations below). It may also mean hiring an investment coach to teach you how the markets work, what to avoid, and what really works.

And hey, continuing to listen to us here at Catching The Coin will be time well invested in the pursuit of investing knowledge. But hey… we may be a little partial ;-).

It's during times of volatility that wealth transfers from the emotional and fearful investors to the disciplined and strong willed investors. This is demonstrated time after time when we take a look at the historical charts. Check out Episode 006 for a closer look at these emotions that can destroy your wealth.

Understand that successful investing is a long term experience that affords the opportunity to consistently capture market rates of return.

Remember that incredible growth of wealth is attainable through a long term commitment to a globally diversified portfolio of equities and fixed income.

 

In This Episode We Look At:

  • Investing a modest amount of time to LEARN about investing.
  • Periods of time during the investing experience may TEST your intestinal fortitude.
  • The importance of having the LONG-TERM view of investing.

 

Today's Resources and Links:

 

One Thing You Can Do Today to Improve Your Financial World:

  • Fight the temptation to change your mix of investments simply because the markets move down and the media touts doom and gloom. #HoldFast

 

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts in the Comments section below.

You can also find us on Facebook or Twitter.