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

Episoder(3957)

3948: Do You Control Your Life? by James Altucher on Control and Acceptance

3948: Do You Control Your Life? by James Altucher on Control and Acceptance

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 3948: James Altucher explores how much of...

17 Mar 9min

3947: The Opportunity of Lent by Joshua Becker of Becoming Minimalist on Personal Discipline

3947: The Opportunity of Lent by Joshua Becker of Becoming Minimalist on Personal Discipline

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 3947: Joshua Becker reflects on how inten...

16 Mar 11min

3946: A Journey Without a Goal AND Create Structure When You're Floundering by Leo Babauta of Zen Habits

3946: A Journey Without a Goal AND Create Structure When You're Floundering by Leo Babauta of Zen Habits

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 3946: Leo Babauta explores the freedom th...

15 Mar 10min

3945: Everything You Need to Know About Your Nervous System by Kate Hesse of Nourish Nest Breathe

3945: Everything You Need to Know About Your Nervous System by Kate Hesse of Nourish Nest Breathe

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 3945: Kate Hesse explains how the body’s ...

15 Mar 12min

3944: [Part 2] Identifying the Twitch That’s Keeping Us Distracted and Stagnant in Life by Anthony Ongaro of Break the Twitch

3944: [Part 2] Identifying the Twitch That’s Keeping Us Distracted and Stagnant in Life by Anthony Ongaro of Break the Twitch

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 3944: Anthony Ongaro explains that once w...

14 Mar 8min

3943: [Part 1] Identifying the Twitch That’s Keeping Us Distracted and Stagnant in Life by Anthony Ongaro of Break the Twitch

3943: [Part 1] Identifying the Twitch That’s Keeping Us Distracted and Stagnant in Life by Anthony Ongaro of Break the Twitch

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 3943: Anthony Ongaro shares the surprisin...

13 Mar 10min

3942: You Can Do More Good Than You Think by Benjamin Hardy on Small Acts of Kindness

3942: You Can Do More Good Than You Think by Benjamin Hardy on Small Acts of Kindness

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 3942: Benjamin Hardy reflects on a simple...

12 Mar 8min

3941: How to Stop Using Excuses and Make Conscious Choices Instead by Ellen Burgan of If It Brings You Joy

3941: How to Stop Using Excuses and Make Conscious Choices Instead by Ellen Burgan of If It Brings You Joy

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 3941: Ellen Burgan challenges the cultura...

11 Mar 10min

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