Welcome to the 32nd episode of The Boring Money Show — here to give you some epic money tips that will make you feel like a financial superstar in no time.
Today, we're talking about understanding your time horizon and how it can change your investing journey.
But, what’s the relevance of having a long enough time horizon when you’re investing and deploying your money to the market?
Do you need to consider investing in a long-term perspective?
How can you make sure about your investment?
Anyhow,
You should invest in something you believe in and think big.
If you're not sure about an investment…
… invest in yourself.
Improve skills.
Build a business, and make more money.
Then, when you're financially solid, dive into the market.
Don't invest desperately, or you'll fail.
Invest from a place where you don't care about the daily ups and downs.
Aside from discussing these financial matters, I’ll also give you the reality of some market updates.
Understanding your time horizon is the secret sauce for investing success.
Ready to rock it?
Stay tuned!
Episode highlights:
00:00 Welcome to The Boring Money Show
01:22 Stop checking the bull market daily.
02:57 What is a real estate investment?
04:50 Staying updated on what's happening in the market.
05:33 Market rallies mean lower initial costs per asset, boosting profits.
06:38 Invest in assets you believe in for a rewarding experience.
08:34 Desperate investments lead to consistent losses.
If you enjoyed this episode, be sure to subscribe, tune in and share this podcast.
Resources:
○ The Boring Money ROI Cash Flow Calculator: https://www.mrboringmoney.com/cashflowcalculator
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https://www.mrboringmoney.com
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And remember… Stay calm, print money and live life on your terms.
DISCLAIMER:
All information I share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.
See omnystudio.com/listener for privacy information.
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