3313: How Not to Invest $100,000 by Chris Reining on Investing & Building Wealth

3313: How Not to Invest $100,000 by Chris Reining on Investing & Building Wealth

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3313: Chris Reining illustrates the pitfalls of active investing through the story of a man who lost money by constantly tinkering with his $100,000 portfolio. Reining emphasizes that the keys to successful investing are patience and viewing stocks as ownership in companies rather than mere prices. By adopting a long-term, buy-and-hold strategy, investors can avoid common mistakes and build wealth more effectively. Read along with the original article(s) here: https://chrisreining.com/invest-100000/ Quotes to ponder: "The stock is not the company and the company is not the stock." "Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years." "All the research shows being an active investor is what makes you poor." Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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006: How to Squash Negative Thought Patterns by Steve Pavlina of StevePavlina.com

006: How to Squash Negative Thought Patterns by Steve Pavlina of StevePavlina.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 6: How to Squash Negative Thought Patterns by Steve Pavlina of StevePavlina.com. Steve...

17 Joulu 201512min

005: The Things We Are Prepared To Walk Away From by Joshua Fields Millburn of TheMinimalists.com

005: The Things We Are Prepared To Walk Away From by Joshua Fields Millburn of TheMinimalists.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 5: The Things We Are Prepared To Walk Away From by Joshua Fields Millburn of TheMinima...

16 Joulu 20158min

004: How to Meditate: 10 Important Tips by Mary Jaksch of GoodLifeZen.com

004: How to Meditate: 10 Important Tips by Mary Jaksch of GoodLifeZen.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 4: How to Meditate: 10 Important Tips by Mary Jaksch of GoodLifeZen.com. Mary Jaksch i...

15 Joulu 201511min

003: How to Discover Your Life Purpose in About 20 Minutes by Steve Pavlina of StevePavlina.com

003: How to Discover Your Life Purpose in About 20 Minutes by Steve Pavlina of StevePavlina.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 3: How to Discover Your Life Purpose in About 20 Minutes by Steve Pavlina of StevePavl...

14 Joulu 201510min

002: 7 Rules That Keep My Life Simple by Leo Babauta of ZenHabits.net

002: 7 Rules That Keep My Life Simple by Leo Babauta of ZenHabits.net

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 2: 7 Rules That Keep My Life Simple by Leo Babauta of ZenHabits.net. Leo Babauta creat...

13 Joulu 201510min

001: Why I Walked Away From My Six Figure Career by Joshua Fields Millburn of TheMinimalists.com

001: Why I Walked Away From My Six Figure Career by Joshua Fields Millburn of TheMinimalists.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 1: Why I Walked Away From My Six Figure Career by Joshua Fields Millburn of TheMinimal...

12 Joulu 201510min

000: About Justin Malik and the Optimal Living Daily Podcast

000: About Justin Malik and the Optimal Living Daily Podcast

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 0: About Justin Malik and the Optimal Living Daily Podcast. Justin Malik is an entre...

11 Joulu 20158min

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