Summary:
What is the difference between typical finance and traditional finance? Join Kim Butler and Todd Strobel on this episode of The Prosperity Podcast to find out. Learn about how the stock market, and the risk involved in stock market investments, has changed over time and how that affects the most stable retirement and savings strategies today. Also, learn about the how different financial strategies are like either farming or hunting – either long term or short term – and either risk saturated, or risk avoidant.
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Show Notes:
0:00 Intro
0:55 Ways to Compare Partners for Prosperity to the Mainstream
1:22 Traditional Versus Typical Finances
6:06 How the Stock Market Has Changed
10:55 The Difference Between Farming and Hunting (as an analogy for finance)
12:29 Farming Work as Long Term Work
16:06 Resources – Live Your Life Insurance
17:07 Outro
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.