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)

3932: How to Do It Tomorrow Instead of Never by David Cain of Raptitude on Overcoming Avoidance

3932: How to Do It Tomorrow Instead of Never by David Cain of Raptitude on Overcoming Avoidance

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 3932: David Cain explores the psychology ...

3 Mar 10min

3931: [Part 2] The Incredible Power of the 1% Margin for Improvement by Paula Pant of AffordAnything

3931: [Part 2] The Incredible Power of the 1% Margin for Improvement by Paula Pant of AffordAnything

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 3931: Paula Pant explores how the “1% mar...

2 Mar 9min

3930: [Part 1] The Incredible Power of the 1% Margin for Improvement by Paula Pant of Afford Anything

3930: [Part 1] The Incredible Power of the 1% Margin for Improvement by Paula Pant of Afford Anything

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 3930: Paula Pant explores how the “1 perc...

1 Mar 10min

3929: Get More For Your Money by Stacy Kaiser with Live Happy on Investing in Experiences

3929: Get More For Your Money by Stacy Kaiser with Live Happy on Investing in Experiences

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 3929: Stacy Kaiser redefines financial we...

1 Mar 9min

3928: The Desire for More: What I Learned by Heather Myklegard with No Sidebar on Intentional Living

3928: The Desire for More: What I Learned by Heather Myklegard with No Sidebar on Intentional Living

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 3928: Heather Myklegard reflects on the B...

28 Feb 8min

3927: Be the Best You: 7 Keys to a Positive Personality by Brian Tracy on Personal Growth Strategies

3927: Be the Best You: 7 Keys to a Positive Personality by Brian Tracy on Personal Growth Strategies

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 3927: Brian Tracy explains how your “ment...

27 Feb 10min

3926: How to Achieve Your Goals By Creating an Enemy by Nir Eyal of Nir And Far on Scapegoating Psychology

3926: How to Achieve Your Goals By Creating an Enemy by Nir Eyal of Nir And Far on Scapegoating Psychology

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 3926: Nir Eyal reveals how inventing an i...

26 Feb 10min

3925: Creating and Living by Your Own List of Values by Chris Guillebeau on Purpose Alignment

3925: Creating and Living by Your Own List of Values by Chris Guillebeau on Purpose Alignment

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 3925: Chris Guillebeau encourages a delib...

25 Feb 9min

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