The same principles that guide the most successful companies in the world can be used to radically improve your personal finances. In Part One, we introduced the personal finance mission statement. Part Two explores how to translate this mission into action.
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Americans spend billions every year chasing deep discounts on retail products during Black Friday. Paradoxically, they do the exact opposite when assets go “on sale” during stock market crashes. Learn why this phenomenon exists and how to combat its effects by hacking your financial mindset.
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I encourage you to dive headfirst into the world of index investing with this 3-part series. Index investing is a systematic, low-effort way to create wealth in your sleep. Part 1 defined index investing and outlined key differences between index mutual funds / ETFs. Here, we’ll address the benefits and drawbacks of index investing and how these impact young investors. Part 3 will explain how you can adapt index investing to suit your customized goals.
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