Ep 63: The Psychology Of Money: Book Club Series (Part 3)

We're looking forward to continuing our book club series for Morgan Housel's The Psychology of Money this week. This episode, we're diving into chapters 5 and 6, which cover themes of preserving wealth, adaptability, and consistency in financial planning. Stay tuned as we discuss the importance of staying invested during market fluctuations and embracing failure as part of the investment journey.

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In this episode:

[6:12] Having fear that what you’ve made can be taken away

[9:07] Financially Unbreakable

[10:30] Plan on the plan not going to plan

[13:00] Optimistic and paranoid

[16:35] You can be wrong half the time and still make a fortune

[23:35] 3 types of investors - stay the course