Wealthion - Be Financially Resilient

Timeless Money Wisdom for the Financially Savvy | Best of Rise UP!

Jul 25, 2025
Guest
Joe Duran
Join Joe Duran, an expert from Rise Growth, as he shares invaluable insights on financial resilience. He emphasizes the importance of long-term investing strategies and having a game plan tailored to your individual circumstances. Duran tackles market volatility, the necessity of diversification, and the significance of maintaining liquidity. He also delves into the critical aspects of navigating life changes and managing debt, all while ensuring you're well-prepared for retirement. It's a treasure trove of timeless advice for any financially savvy individual!
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ADVICE

Prioritize Long-Term Investing

  • Always think long-term with your investments and avoid reacting to short-term market swings.
  • Revisit and trust your financial plan before making any impulsive market moves.
ADVICE

Adjust Strategy By Life Stage

  • Tailor investment strategies based on whether you are accumulating assets or retired.
  • Maintain a three-to-five-year liquidity safety net to avoid selling investments during downturns.
ADVICE

Use Bucket System & Plan Liquidity

  • Use a bucket system for short, intermediate, and long-term funds.
  • Keep money needed in the near term in cash or equivalents to avoid exposure to market volatility.
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