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098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

Released Wednesday, 13th March 2024
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098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

Wednesday, 13th March 2024
Good episode? Give it some love!
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Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

  • Am I on track for financial independence?
  • What do I need to do to get on track?
  • How do I design a mindful investing portfolio?
  • How do I manage that portfolio and my income over time through changing markets?


Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, we dive deep into the world of financial fortitude, with a focus on not just weathering the storm, but creating a legacy that'll ripple through generations.

I've laid out a blueprint that demystifies the complex world of investing, breaking down how a disciplined approach and the magic of compounding can turn even the humblest of savings into a retirement nest egg that's nothing short of impressive. And trust me, it's not just about stashing away cash; it's about cultivating a mindset that recognizes the power of great companies and the role they play in growing your wealth over time.

I'm genuinely excited to guide you through the nuances of building and maintaining wealth that outlives you. We'll explore the indispensable concept of an 'adult memory' when it comes to managing finances and why embracing innovation and minimizing losses can be game changers in your investment journey.

I'll also share insights on strategic legacy planning: how to pass on wealth and the wisdom needed to manage it across multiple generations. So whether you're taking your first step towards saving or you're looking to fine-tune your retirement plan, this episode is packed with practical advice that can help steer you towards a future where 'happy investing' is a tangible reality for you and your loved ones

📺 Watch on YouTube

https://youtu.be/Hxy7AmQLpoU

Key Takeaways

00:00 Long-Term Benefits of Investing

16:08 Wealth Compounding and Legacy Planning

30:12 Three Points of Financial Success

Tweetable Quotes

"Success is the ability to go from failure to failure without losing enthusiasm. In investing, this means holding on to your diversified shares through market declines without losing your drive.""The goal, as Charlie Munger so wisely expressed, is to never interrupt compounding unnecessarily. This is the essence of building wealth—allowing the great companies to grow and expand your portfolio over time.""Wealth is a river capable of growing deeper and wider as it flows downstream to the next generation. By committing to smart investing and prudent spending, one can create legacy wealth that is not just transgenerational but multi-generational."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: 

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