These legal services provide solutions for an array of legal issues, such as tax laws, NDA's and lease agreements, that can take your focus away from managing your business. Additionally, you can find ways to tackle those tasks you've been putting off for some time and receive a weekly email with new, interesting discoveries.
The recent sharp fall in the stock market could come from investors using computer algorithms to automatically sell stocks, as well as panic selling due to fear of the COVID-19 pandemic.
Louis Howes delves into the reasons behind people's reluctance to invest, highlighting the fear of failure as a major concern. He suggests teaching people the rules of the game so they can avoid getting screwed while also overcoming their fears.
The speaker suggests long-term investors to have patience, stay calm, and add to their position during the dips. He advises people to look at the S&P 500 of the past 10 years, which has endured several crises and has still performed well.
Investors play different games and therefore, not all information is equally relevant to everyone. It is important to figure out what is personally relevant and not pay attention to irrelevant noise.
In this podcast episode, the speakers discuss the importance of long-term financial planning and how an 8% annualized return rate could help most people reach their financial goals. They also highlight the need to consider potential risks and have a clear understanding of what one wants to do with their money.