Optimal Finance Daily - Financial Independence and Money Advice

3197: Is There A Reason You’re Checking Your Investments Several Times A Day by Gordon Stein of Cash Flow Cookbook


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Episode 3197:

Gordon Stein explores how frequently checking your investments can sabotage long-term gains by feeding into emotional decision-making. With compelling analogies and practical advice, he highlights why a disciplined, low-intervention approach anchored in diversification and quarterly rebalancing is the key to wealth-building without stress.

Quotes to ponder:

"Good investing should be boring over the short term."

"If the factory is set up properly in the first place, there isn’t much to watch and even less to tweak and change."

"Over the long haul, markets rise by about 8% a year. On any given day or week, they could be up or down, there is no meaning in that."

Episode references:

Accenture 20-year stock chart (Yahoo Finance): https://finance.yahoo.com/quote/ACN/history

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Optimal Finance Daily - Financial Independence and Money AdviceBy Optimal Living Daily | Diania Merriam

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