
448 | July Roundup: Working Backwards Into FI
ChooseFI
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Fundamental Truths of Investing
Phi: How do you know when what you're doing is an unhealthy behavior? It's around looking at, okay, what are my emotions that are coming up around it? And where there is those feelings of shame or those feelings of urgency, then maybe that's a place to kind of take a pause. Phi: I would say for the vast, vast, vast majority of cases, dollar cost averaging into index funds is going to be your highest likelihood of maximizing your wealth over an investing lifetime.
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