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Q&A: Preparing for a Recession, Invest $37K or Pay Off the Car, & Active Portfolio Management

Rich Habits Podcast

CHAPTER

Wise Financial Strategies Unveiled

This chapter explores the financial dilemma of paying off a car loan versus investing, emphasizing the long-term benefits of disciplined investing over time. The discussion also covers the proper management of 401k accounts, portfolio diversification, and the significance of treating retirement savings as untouchable assets. Listeners are guided through strategic investment choices and the importance of making informed decisions while navigating market uncertainties.

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