3102: Why We Ignore The Stock Market And You Should Too: Demystifying Personal Finance Part 4 by Liz of FrugalWoods

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Finance Daily - Financial Independence and Money Advice

38:05

In late 1972, U.S. Marine Captain Ron Forrester disappeared on a bombing run into North Vietnam. Back home in Texas, his family could only wait and hope. Audio subscribers to Texas Monthly can get early access to episodes of the series, plus exclusive interviews and audio. Visit texasmonthly.com/audio to join. Go to HelloFresh.com/FLIGHT10FM to get 10 Free Meals with a Free Item For Life.…

about a year ago 14:04

MP3•Episode home

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 3102:

Liz of Frugalwoods makes a compelling case for tuning out market noise and focusing instead on the variables you can control, like saving more, earning more, and investing consistently. Her down-to-earth wisdom reminds us that emotional reactions to stock volatility are distractions from the real drivers of long-term wealth: discipline, low fees, and the magic of compounding.

Read along with the original article(s) here: https://www.frugalwoods.com/2016/01/20/why-we-ignore-the-stock-market-and-you-should-too-demystifying-personal-finance-part-4/

Quotes to ponder:

"I’m not going to tell you how to optimize your investments or beat the market or pick that one hot fund - why not? Because I don’t know how to and neither does anyone else."

"My approach to all things in life is to control what I can and to categorically ignore/let go of the things I can’t."

"Pulling in and out of the market when you feel the slightest twinge of panic is a great way to ensure you’ll never make any money from your investments."

Episode references:

FSTVX - Fidelity Total Market Index Fund (now FXAIX): https://www.fidelity.com/mutual-funds/fidelity-funds/overview

Personal Finance Club by Jeremy Schneider: https://www.personalfinanceclub.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

3944 episodes

3102: Why We Ignore The Stock Market And You Should Too: Demystifying Personal Finance Part 4 by Liz of FrugalWoods

2,455 subscribers

published about a year ago

MP3•Episode home

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 3102:

Read along with the original article(s) here: https://www.frugalwoods.com/2016/01/20/why-we-ignore-the-stock-market-and-you-should-too-demystifying-personal-finance-part-4/

Quotes to ponder:

"I’m not going to tell you how to optimize your investments or beat the market or pick that one hot fund - why not? Because I don’t know how to and neither does anyone else."

"My approach to all things in life is to control what I can and to categorically ignore/let go of the things I can’t."

"Pulling in and out of the market when you feel the slightest twinge of panic is a great way to ensure you’ll never make any money from your investments."

Episode references:

FSTVX - Fidelity Total Market Index Fund (now FXAIX): https://www.fidelity.com/mutual-funds/fidelity-funds/overview

Personal Finance Club by Jeremy Schneider: https://www.personalfinanceclub.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

3944 episodes

All episodes

Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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10:50

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Optimal Finance Daily - Financial Independence and Money Advice

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3137: Preferred vs Common Stocks: How Do They Differ by Amy Blacklock and Vicki Cook with Women Who Money 13:59

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13:59

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Optimal Finance Daily - Financial Independence and Money Advice

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3136: Bankruptcy and Debt: You Can Come Out Stronger in the End by Tracie with Jackie Beck 10:53

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10:53

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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Optimal Finance Daily - Financial Independence and Money Advice

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