Chapter
Why investing in index funds is a good strategy for the long-term
56:56 - 1:02:36 (05:39)
The speaker argues that investing in index funds is a safer and more sustainable strategy than high-risk investments or scalping, particularly in the long term. By setting achievable financial goals and avoiding unnecessary risks, investors can achieve their targets without the stress of constant market monitoring and speculation.
Clips
The life of an active investor involves a fast-paced and adrenaline-fueled experience, while the life of a passive investor is more laidback and requires less attention to detail.
56:56 - 59:11 (02:14)
Summary
The life of an active investor involves a fast-paced and adrenaline-fueled experience, while the life of a passive investor is more laidback and requires less attention to detail.
ChapterWhy investing in index funds is a good strategy for the long-term
Episode#222 - Morgan Housel - How To Become Wealthy, Stay Wealthy & Be Happy
PodcastModern Wisdom
The speaker discusses why staying invested in index funds for 50 years can achieve all the goals one needs and the psychology behind why people still take excessive risks with investments.
59:11 - 1:00:56 (01:44)
Summary
The speaker discusses why staying invested in index funds for 50 years can achieve all the goals one needs and the psychology behind why people still take excessive risks with investments.
ChapterWhy investing in index funds is a good strategy for the long-term
Episode#222 - Morgan Housel - How To Become Wealthy, Stay Wealthy & Be Happy
PodcastModern Wisdom
A man put $10,000 in a Robin Hood account and ended up with a negative balance of $700,000, highlighting the need for a more mindful investing strategy.
1:00:56 - 1:02:36 (01:40)
Summary
A man put $10,000 in a Robin Hood account and ended up with a negative balance of $700,000, highlighting the need for a more mindful investing strategy.