7 Principles for Successful Long Term Investing – Episode 180

Summary:

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel review a recent article from JP Morgan titled: 7 Principles for Successful Long Term Investing. Together they cover each principle to see if it is aligned with the 7 Principles of Prosperity.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.

Links in this Episode:

Article on JP Morgan website

Listener gift – Financial Planning Has Failed book and audiobook

Submit your questions welcome@ProsperityThinkers.com

Show Notes:

00:00 Introduction

00:30 Today’s topic: 7 Principles for Successful Long Term Investing

01:20 #1 Plan on living a long time

02:38 #2 Cash isn’t always king

03:10 #3 Harness the power of dividends and compounding

04:37 #4 Avoid emotional biases by sticking to a plan

06:29 #5 Volatility is normal; don’t let it derail you

07:58 #6 Staying invested matters

08:53 #7 Diversification works

15:37 Free ebook and audiobook – www.partners4prosperity.com/ebook

Share this post

Facebook
Twitter
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperityâ„¢, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!

Get access to our free webinar today

Discover the first step to financial freedom

 

How much permanent benefit high cash/value dividend paying whole life am I entitled to?

Free Webinar! The first step to financial freedom.Get Access

pt image

Learn the First Step to Gain Financial Freedom

Enter your information to access the free webinar now.