Mindful Money 096 Versus “The Gathering Darkness” Part 5 – Support Ownership of Great Businesses by Fully Grasping Growth OF Income
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, I dive deep into the often-misunderstood realm of retirement planning, debunking the myths that might have you believe bonds are the be-all and end-all for a secure financial future. We've been told time and again to play it safe as we age, but I'm here to flip the script and show you how equities - those powerful shares in the great publicly traded companies - could be your secret weapon against inflation and the key to a retirement income that doesn't just last, but grows.
I bring you almost a century of evidence and my personal anecdotes to back up this bold claim, demonstrating the resilience and growth potential of dividends in an uncertain economy. Together, we'll explore why the 'bonds are best' narrative could actually set you up for a slow-motion financial suicide in a world where living costs are relentlessly climbing.
You'll understand how fostering an income through equity investments in formidable companies isn't just smart; it's necessary to outpace inflation and maintain a lifestyle that's not just comfortable, but financially dynamic. I promise that by the end of our chat, you'll be armed with the essential tactics to make your golden years truly shine.
So, join me as we step confidently into a discussion that could very well redefine your approach to retirement. Let's grow that retirement income together!
📺 Watch on YouTube
Key Takeaways
00:00 Owning Shares for Retirement Income
06:33 Importance of Long-Term Equity Investing
Tweetable Quotes
"Wealth is created by owning businesses, and the reluctance to invest in such businesses is often due to fear stirred by the 'Gathering Darkness'—a blend of negative media narratives."
"Fixing your income in a rising cost world is financial suicide. It's slow-motion suicide, but suicide nonetheless."
"The only investments you can passively own that feature an active refusal to lose money any longer than necessary are the shares of the great publicly traded businesses of the US and the world."
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: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763
Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in
Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership
For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/
Website: https://mindful.money
Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe
🎙️
Podcast Production & Marketing by FullCast