
Ep 147: The best way to teach your children about money?
Medics Money podcast
The Tree Analogies Really Work for Investing
A lot of people start investing and they check it one week later and it's gone down 10%. They're like, Oh my goodness, this is terrible. But a tree analogy really works for investing because you say we've got these trees growing. But if there's a storm, say a stock market falls, your tree might get broken. So in the book we talked about on the last one, it has the free rules: save one out of every tin, invest, and then be patient. And getting kids to think like trees means they're not just going to look at next day.
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