All Episodes

May 28, 2025 26 mins

Key Takeaways:

  1. Don’t Let Your Brain Trick You Sometimes we think we know something, but it’s really just an opinion or old belief. That can lead to bad money decisions. It’s important to check the current facts and not just go with your gut which might be based on past experiences.
  2. Be Willing to Change Your Mind If you keep believing old stuff that’s no longer true, you might miss out on great new opportunities. Learning new things and being open to change helps you grow your wealth.
  3. Bumpy Markets Aren’t Always Bad When the stock market goes up and down (called “volatility”), it can feel scary—but it’s also when smart investors find good deals. It’s like shopping during a big sale.
  4. Think Long-Term, Not Just Right Now The best investors don’t get distracted by quick news or hype. They focus on the big picture and wait for their money to grow over time—like planting a tree and giving it time to grow.
  5. Keep Learning and Adjusting Things change all the time in the money world. If you keep learning and stay flexible, you’ll be ready to make smart moves and avoid mistakes.

Chapters: Timestamp Summary

0:00 Investing in the Obvious Amid Market Volatility

8:36 Inflation, Emotional Spending, and the Quest for Financial Balance

15:07 Volatility in Bitcoin as a Paradigm Shift Opportunity

18:21 Navigating AI Hype and Investment Strategies

21:52 Embracing Change and Evolving Knowledge for Financial Success

 

Powered by Stone Hill Wealth Management

 

Social Media Handles 

 

Follow Phillip Washington, Jr. on Instagram (@askphillip)

 

Subscribe to Wealth Building Made Simple newsletter

https://www.wealthbuildingmadesimple.us/

 

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

 

WBMS Premium Subscription

 

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Mark as Played

Advertise With Us

Popular Podcasts

Boysober

Boysober

Have you ever wondered what life might be like if you stopped worrying about being wanted, and focused on understanding what you actually want? That was the question Hope Woodard asked herself after a string of situationships inspired her to take a break from sex and dating. She went "boysober," a personal concept that sparked a global movement among women looking to prioritize themselves over men. Now, Hope is looking to expand the ways we explore our relationship to relationships. Taking a bold, unfiltered look into modern love, romance, and self-discovery, Boysober will dive into messy stories about dating, sex, love, friendship, and breaking generational patterns—all with humor, vulnerability, and a fresh perspective.

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.