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In this podcast episode, I talked about how investing can be tricky, especially when it comes to politics. I compared it to baseball, where you have to take your swings, even if you might strike out sometimes. I shared three big mistakes people make with investing: not getting the math, not learning from history, and focusing too much on politics instead of their own goals.
I emphasized the importance of understanding the numbers and how our feelings can affect how we invest. Many people invest while dealing with personal issues, which can lead to bad choices. I encouraged listeners to create plans not just for their money, but also for their health, relationships, and spiritual life.
In the end, I urged everyone to write down their goals and start thinking about how to improve their lives in all these areas. I believe if you focus on these dimensions, you can be a better investor and live a happier life.
In this podcast episode, I talked about how investing can be tricky, especially when it comes to politics. I compared it to baseball, where you have to take your swings, even if you might strike out sometimes. I shared three big mistakes people make with investing: not getting the math, not learning from history, and focusing too much on politics instead of their own goals.
I emphasized the importance of understanding the numbers and how our feelings can affect how we invest. Many people invest while dealing with personal issues, which can lead to bad choices. I encouraged listeners to create plans not just for their money, but also for their health, relationships, and spiritual life.
In the end, I urged everyone to write down their goals and start thinking about how to improve their lives in all these areas. I believe if you focus on these dimensions, you can be a better investor and live a happier life.