Main Thesis: With disruption taking place across all industries, it's never been more important than now to have a strategy (psychological, emotional, spiritual, financial) in place to build, grow, protect, & secure your future regardless of job, economy, market ups/ downs, etc.
Key Takeaways:
1. Set aside a minimum amount of investment that you set aside.
2. Place that amount into broad-based index funds - w/ the lowest amount of fees
3. Diversify across asset classes (stocks, bonds, real estate, precious metals, & time)
4. Market timing does not work. Market corrections (>10%) happen ~1/ year. Bear markets (>20% correction, on average, happen once every five years, and last from 1.5 months to 2 years.
5. Most powerful, effective strategy in this category is dollar cost averaging, and compounding.
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