Is Investing Really Just Simple Math? The ABC's of Investing
Manage episode 500537577 series 3670329
The episode elucidates the foundational principles of investing, emphasizing that the perception of investing as an enigma is unfounded. At the forefront of our discussion is the pivotal notion that one has not incurred a gain or loss until an investment is liquidated. Through illustrative examples, we examine the contrasting experiences of two investors, Alex and Brian, highlighting the importance of consistency and time in wealth accumulation. We further explore the critical significance of establishing a structured investment plan, which includes maintaining separate accounts for emergency funds, short-term savings, and long-term wealth building. Ultimately, the discourse aims to equip listeners with the requisite knowledge to navigate the complexities of investing and foster a sustainable financial future.
3 episodes