Masters in Business
At the Money: The Right And Wrong Way to Invest
Jul 31, 2024
Dave Nadig, the Financial Futurist for ETF Trends and ETF Database, delves into the complexities of investing. He simplifies the process with a focus on low-cost diversification and the power of indexed ETFs. Nadig discusses the importance of aligning investments with personal goals and the role of risk management, emphasizing that processes matter more than outcomes. He also highlights the relevance of target date funds and the necessity of commitment in investment choices, reminding us that luck plays a part in financial success.
14:00
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Quick takeaways
- Investing, though perceived as complex, can be simplified by adhering to established principles and low-cost index funds for long-term success.
- Emotional discipline is crucial for investors to avoid impulsive decisions and maintain a diversified portfolio despite market fluctuations.
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