Podcast appearances and mentions of john bogle

GESTIONNAIRES EN ACTION. Est-ce que les entreprises présentes dans les grands indices boursiers ont la vie plus facile que celles qui sont en Bourse mais qui ne sont pas incluses dans ces mêmes indices? La réalité boursière d’aujourd’hui, avec les multiples fonds indiciels qui, comme leur nom l’indique, répliquent les rendements d’indices de référence, pourrait laisser croire que c’est le cas. François Rochon, président et gestionnaire de portefeuille à Giverny Capital, n’est toutefois pas de cet avis : «Ça a l'air plus facile, c'est vrai, mais je ne pense pas que ça l'est. Oui, à court terme, quand il y a des entrées dans les fonds indiciels, ça pousse tous les gros poids de l'indice à la hausse. Ça va toutefois dans les deux sens. Quand les investisseurs changent de cap et sont un peu plus pessimistes, ils vendent leurs titres et ça a l’effet inverse», dit-il. Selon lui, il ne faut pas oublier une règle fondamentale de l’investissement à long terme dans les marchés boursiers : «la Bourse finit toujours par refléter la juste valeur des entreprises. Qu'elle soit grosse ou petite, qu'elle soit dans les indices ou pas. Il faut garder ce grand principe en tête. À long terme, ça reste la règle numéro un en investissement», affirme-t-il. Le fait que la Bourse de Toronto compte plus de fonds négociés en Bourse (FNB) que d’entreprises n’y change rien. Même si de nombreux FNB sont indiciels et reposent sur une gestion dite passive, ce qui signifie que chaque dollar investi est grosso modo réparti également entre toutes les entreprises incluses dans l’indice que le fonds tente de répliquer. «Je pense que l'idée de base derrière l’investissement passif peut être très sensée. Le problème n'est pas là. Le problème, c'est comment les investisseurs utilisent cette catégorie d’actifs. Et malheureusement, ils ont tendance à beaucoup négocier les fonds indiciels», raconte François Rochon. Selon lui, la durée de détention moyenne du SPDR S&P 500 ETF Trust (SPY, 565,49$US), un FNB qui réplique l’indice boursier américain S&P 500, était de 17 jours en 2023. Cela lui a rappelé une citation de John Bogle, célèbre investisseur décédé en 2019 à qui on attribue l’invention des fonds indiciels, qui a déjà déclaré que les FNB indiciels étaient l’équivalent de «donner des allumettes à des pyromanes». «Ce qu'il voulait dire par là, c'est que la facilité avec laquelle on peut négocier des FNB fait que les investisseurs perdent tout le côté passif de ce type d’investissement en gérant le produit de manière très active», explique-t-il. Selon François Rochon, il est possible de trouver de bonnes entreprises même en dehors des grands indices boursiers. Il soutient que c’est comme ouvrir des huîtres à la recherche de perles. Plus on cherche, plus on augmente les chances d’en trouver!Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr

Ventitreesimo episodio del podcast Finanza Personale in 5 minuti, con link per approfondimenti.Disclaimer: i link a prodotti Amazon sono dei link affiliati e se li compri passando da qui ottengo una piccola quota dei ricavi, senza variazioni del prezzo di acquisto per te. Ma puoi anche cercare le stesse cose su Google :)JustETF: sito di riferimento per analizzare e confrontare i diversi ETF presenti sul mercatoToo Big To Fail: un podcast di finanza personale “pressapochista, lazzarone, disordinato, pigro ed anche un po' antipatico” come lo definiscono i loro autori Alain, Nicola, Vittorio. Consigliatissimo! (E anche i loro blog: Salto Mentale, The Italian Leather Sofa, Finanza Cafona). Il canale YouTube di Ben Felix: una fonte enorme di spunti che mi hanno aiutato a capire tanti errori e suggerimenti comuni ma sbagliati - o quantomeno inadeguati - nel mondo degli investimenti. In inglese.The Little Book Of Common Sense Investing, di John Bogle: il libro del fondatore di Vanguard sull'utilità dell'index investing. In inglese, ma esiste anche la versione tradotta in italiano, Il piccolo libro dell'investimento.A Random Walk Down Wall Street, di B. Malkiel: tutto sulla terminologia utilizzata nel mondo finanziario, guida al ciclo di vita degli investimenti, come analizzare gli strumenti di investimento...uno dei libri più interessanti e completi. In inglese, tradotto in italiano in A spasso per Wall Street.Il canale YouTube di Mr. Rip: raccomandata la serie “Investing from Zero to Hero”.Il canale Youtube di CiaoElsa: una fonte autorevole su tutto il mondo della previdenza complementare.La wiki di Italia Personal Finance: molti articoli utili con approfondimenti.Banker On Wheels: un blog con tantissime informazioni utili sul mondo del passive investing, ETF e una rassegna di articoli nuovi ogni fine settimana. In inglese.Of Dollars And Data: un blog di finanza personale con analisi di dati concrete. In inglese.Curvo Backtest: uno strumento completo per effettuare backtesting (una modalità per analizzare le possibili prestazioni di una strategia di investimento, applicandola a gruppi di dati storici del mondo reale) su tantissimi tipi di strumenti e portafogli. Il libroIl blogIl canale YoutubeIl modello per la gestione del patrimonioLa dashboard

Probe America's "mini-millionaires"—how they earn, invest, and build wealth through hard work, not luck. Dive into the potential for owning stocks and buying a home with a focus on financial independence, not flash. Wes and Christa take listener questions to tackle substantial inheritance management, debate bonds vs. money markets for long-term gains, examine Robo-advisors hoarding cash, and the idea of doubling down on security to thwart hackers. Wes wraps with John Bogle's playbook: invest rather than speculate, slash expenses, and don't let perfectionism ruin a solid financial plan. By taking action and investing with purpose, you may be able to retire sooner than you think. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you want to be a millionaire? Wes dives into the fascinating trend of "mini millionaires" and uncovers the secrets to their success. He explores data from the Federal Reserve and the Wall Street Journal, revealing the common traits of those achieving millionaire status. Are they earning massive salaries? How much does education matter? He breaks down the key factors. Plus, he revisits the timeless wisdom of "The Millionaire Next Door" and how its core principles still apply today. Also, Wes shares three powerful investing lessons from an interview with the legendary John Bogle, founder of Vanguard. Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the February 18, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments! Learn more about Wes: Wes Moss, CFP® Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

It is said that death and taxes are the only two certainties in life. Add to these, the enormous growth of the ETF industry as a third irrefutable occurrence. Covering the landscape of exchange traded funds for Bloomberg is Eric Balchunas, a man steeped in the most plain vanilla of products like the SPY to the newest flavors of underlying exposures and payout constructions which he calls “hot sauce”. Our conversation starts with an overview of the massive ETF haul in 2024 and we learn that inflows were 1.1 trillion and each region set a record geographically. Eric stresses how effective the product has been in providing liquidity for end users and in the continuous decline in fees that the industry has successfully achieved. With this last point in mind we touch on Eric's book, “The Bogle Effect”, which details his interactions with the pioneering founder of Vanguard, John Bogle. Eric estimates that on the very low side, Bogle's impact has saved investors 1 trillion dollars through lower fees and increased competition in the industry. We next talk about innovations in the ETF market including unique structures that embed both leverage and derivatives, touching on tail wagging the dog scenarios in which a leveraged ETF amplifies volatility in the underlying. Lastly, we talk about ETFs that provide access to crypto exposure. With the resounding success of IBIT, the spot Bitcoin ETF, Eric sees XRP, Solana and Litecoin among those that will hit the market at some point as well.   I hope you enjoy this episode of the Alpha Exchange, my conversation with Eric Balchunas.

In this insightful conversation, renowned financial expert Paul Merriman shares his wealth of knowledge and experience in investing. He discusses his journey from stockbroker to founding his own investment advisory firm, and eventually establishing the Merriman Financial Education Foundation. Paul delves into various topics, including: ✅ The importance of data-driven investing and understanding the math behind it✅ His meeting with John Bogle and their differing philosophies on investing✅ The case for small cap value investing and its historical performance✅ The challenges of market timing and the benefits of portfolio diversification✅ The emergence of ETFs and trend following strategies PaulMerriman.com Tables, Graphs and ChartsBoot CampS&P 500 vs Small Cap ValueQuilt Charts Equity Index Returns Free Copy- We're Talking MillionsFree Copy- 2 Funds for LifeBest in Class ETF Update 2024 ETFAtlas.com – A new portal offering a comprehensive catalog of ETFs from the United States, Canada, and Europe.

Naviga in totale sicurezza con NordVPN (#ad). Il Three-Fund Portfolio dei Bogelheads vs il portafoglio All Seasons di Ray Dalio. L'impostazione tradizionale del portafoglio fatta di azioni e obbligazioni vs il concetto di Risk Parity. Pro e contro dei due modelli più diffusi di asset allocation. Bridegwater, The All Weather Story Acquista il libro di The Bull! Sei già ricco ma non lo sai (disponibile a questo link) =============================================== Investi con Scalable in azioni e ETF a prezzi imbattibili. Investi con Fineco, 60 trade gratis nei primi tre mesi con il codice TRD060-TB. Migliaia di audiolibri riassunti in 15 minuti con 4Books. L'Assicurazione sulla Vita semplice e conveniente: Turtleneck. I link sono sponsorizzati e l'Autore potrebbe percepire una commissione. =============================================== ATTENZIONE: I contenuti di questo canale hanno esclusivamente finalità di informare e intrattenere. Le informazioni fornite sul canale hanno valore indicativo e non sono complete circa le caratteristiche dei prodotti menzionati. Chiunque ne faccia uso per fini diversi da quelli puramente informativi cui sono destinati, se ne assume la piena responsabilità. Tutti i riferimenti a singoli strumenti finanziari non devono essere intesi come attività di consulenza in materia di investimenti, né come invito all'acquisto dei prodotti o servizi menzionati. Investire comporta il rischio di perdere il proprio capitale. Investi solo se sei consapevole dei rischi che stai correndo. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark T. Hebner is the founder and CEO of Index Fund Advisors, Inc., (IFA), author of the highly regarded book Index Funds: The 12-Step Recovery Program for Active Investors, focused on investor education. Mark's current book and previous editions received praise from financial industry experts and academic luminaries, including John Bogle, David Booth, Burton Malkiel, and Nobel Laureates Harry Markowitz and Paul Samuelson. The book has been nominated as one of the three all-time greatest investment books, along with the writings of John Bogle and Warren Buffett. This book details the possible perils associated with stock picking, mutual fund manager picking, market timing, and other wealth-depleting behaviors. Hebner's 12-Step Program teaches the differences between active and passive investing, explains the emotional triggers that impact investment decisions, and offers an enlightening education on evidence-based investing that may forever change the way an investor perceives the stock market. Hebner is a respected speaker, frequent news contributor and authority on investing. His life's mission is to “change the way the world invests by replacing speculation with education.” Hebner is especially knowledgeable about index funds, portfolio construction and the research indexes designed by Nobel Laureate Eugene Fama and Kenneth French. These indexes provide the building blocks for the prudent evidence-based investment strategies that Hebner implements for his IFA clients. Mark is a Wealth Advisor (Series 65) and has an MBA from the University of California, Irvine and a Bachelor's in Nuclear Pharmacy from the University of New Mexico. He was a member of the Young Presidents' Organization for over 20 years and is currently a member of the World Presidents' Organization and the Chief Executives Organization. Prior to founding Index Fund Advisors in 1999, Mark was President, CEO and co-Founder of Syncor International (previously a public company - SCOR) from 1975 to 1985. In Jan. 2003, Cardinal Health acquired Syncor for approximately $850 million. As a division of Cardinal Health, it is the world's leading provider of nuclear pharmacy services. -- Critical Mass Business Talk Show is Orange County, CA's longest-running business talk show, focused on offering value and insight to middle-market business leaders in the OC and beyond. Hosted by Ric Franzi, business partner at REF Orange County.

A fascinating conversation with John Bogle, founder of Vanguard and one of the world's most famous investors, on what it means to have “enough”, both financially and spiritually. To see additional resources and our other programs, please visit humanmedia.org . Humankind specials are  heard on NPR and PRX member-stations, in association with GBH Boston.

A fascinating conversation with John Bogle, founder of Vanguard and one of the world's most famous investors, on what it means to have “enough”, both financially and spiritually. To see additional resources and our other programs, please visit humanmedia.org . Humankind specials are  heard on NPR and PRX member-stations, in association with GBH Boston.

5 Jahre Global Portfolio One von Andreas Beck: Performancevergleich mit Vanguard FTSE All World Mein Buch „Altersvorsorge mit ETFs“ im Shop ansehen: * https://amzn.to/2WUmZUr Mehr Infos Ich werfe einen Block zurück auf Rendite und Risiko des GPO. Meine erste Podcast-Folge über das GPO (YouTube-Video): https://www.youtube.com/watch?v=KM3jr4yYmdk Artikel von „Finanzen? Erklärt!“ zur Strategie von Andreas Beck: https://www.finanzen-erklaert.de/asset-allokation-strategie-vs-buy-and-hold/   Meine Website: https://www.buzznews.de/ Inspiriert zu meiner Investmentstrategie haben mich vor allem Gerd Kommer, Hartmut Walz, Martin Weber, John Bogle, Tim Schäfer, Finanzfluss, Finanztip, Fairvalue Magazin, JustETF, ETF-Yogi. Früher, in meiner Jugend, waren es eher André Kostolany und Markus Koch – heute weiche ich von deren Stil aber ziemlich weit ab. Disclaimer: Meine Inhalte, ob Video, Podcast oder anderes, sind keine Anlageberatung oder -empfehlung, sondern dienen der Unterhaltung und allgemeinen Bildung. Du bist für alle deine Investment-Entscheidungen selbst verantwortlich. Investieren ist immer mit erheblichen Risiken verbunden, bis hin zum Totalverlust des eingesetzten Kapitals. Ich übernehme keine Haftung für Schäden, die dir entstehen, weil du dir meine Inhalte zu eigen machst. Außerdem garantiere ich nicht für die Richtigkeit der Informationen. * Hierbei handelt es sich um Werbung, meistens in Form eines Affiliate-Links. Heißt für dich: Wenn du ihn anklickst und auf der sich öffnenden Website etwas kaufst oder einen Vertrag abschließt, bekomme ich eine Provision. Für dich bleibt der Preis gleich, du hast dadurch keine zusätzlichen Kosten. Aber du unterstützt mich damit. Das weiß ich sehr zu schätzen. Herzlichen Dank dafür!   Tags ETF, Passives Investieren, Altersvorsorge, Einsteiger, Anfänger, Geldanlage, Investieren, Finanzen, Börse, Aktien, Indexfonds, Podcast

Dans ce nouvel épisode, je parle de :- Pourquoi sommes-nous à un plus haut historique- Si investir à un plus haut historique est particulièrement risqué- John Bogle et la révolution de la gestion passive- Des 5 conseils de Bogle pour investir à un plus haut historiqueBonne écoute !Pour retrouver tout l'univers du Grand Bain :

Warren Buffett once said, “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle.” By creating index investing, the Vanguard Group founder helped to provide investors with a streamlined and low-cost way to buy broader market-tracking mutual funds. Though he died in 2019, his lessons continue to light the path toward a financially secure and happy retirement. Reviewing them is a healthy exercise for all those trying to make their hard-earned savings outpace inflation over time. Learn more about your ad choices. Visit megaphone.fm/adchoices

100 - Lebensalter = Aktienquote? Quatsch! Mein Buch „Altersvorsorge mit ETFs“ im Shop ansehen: * https://amzn.to/2WUmZUr Mehr Infos In dieser Folge zeige ich, warum die berühmte Regel fast nie passt. Außerdem nenne ich eine Formel, die praxisnäher ist. Meine Website: https://www.buzznews.de/ Inspiriert zu meiner Investmentstrategie haben mich vor allem Gerd Kommer, Hartmut Walz, Martin Weber, John Bogle, Tim Schäfer, Finanzfluss, Finanztip, Fairvalue Magazin, JustETF, ETF-Yogi. Früher, in meiner Jugend, waren es eher André Kostolany und Markus Koch – heute weiche ich von deren Stil aber ziemlich weit ab. Disclaimer: Meine Inhalte, ob Video, Podcast oder anderes, sind keine Anlageberatung oder -empfehlung, sondern dienen der Unterhaltung und allgemeinen Bildung. Du bist für alle deine Investment-Entscheidungen selbst verantwortlich. Investieren ist immer mit erheblichen Risiken verbunden, bis hin zum Totalverlust des eingesetzten Kapitals. Ich übernehme keine Haftung für Schäden, die dir entstehen, weil du dir meine Inhalte zu eigen machst. Außerdem garantiere ich nicht für die Richtigkeit der Informationen. * Hierbei handelt es sich um Werbung, meistens in Form eines Affiliate-Links. Heißt für dich: Wenn du ihn anklickst und auf der sich öffnenden Website etwas kaufst oder einen Vertrag abschließt, bekomme ich eine Provision. Für dich bleibt der Preis gleich, du hast dadurch keine zusätzlichen Kosten. Aber du unterstützt mich damit. Das weiß ich sehr zu schätzen. Herzlichen Dank dafür!

Source: https://www.bogleheads.org The Bogleheads investment philosophy promotes a simple, low-cost approach to investing based on index funds and passive management. Derived from the work of John Bogle, founder of Vanguard, it emphasizes key principles like living below your means, diversifying investments, minimizing costs and taxes, and avoiding market timing. The website provides a wealth of resources, including articles, videos, and a forum where members can discuss and refine their investment strategies. It is specifically designed for U.S. investors, though a separate section provides information for non-U.S. investors.

In preparation for his presentation at the Bogleheads Conference Paul reread John Bogle's “The Little Book of Common Sense Investing” He has been recommending the book since 2007 but in 2017 Wiley published the updated and revised edition.  There is some terrific new material in the revised edition.Paul focuses on several topics from the book including Bogel's statement that index funds are the only “honest” funds.  Paul discusses the reasons actively managed funds can't afford to tell the truth.Paul also discusses Chapter 2 on Rational Exuberance.  In this chapter Bogle discusses the very important topic of investment returns vs. speculative returns.  This topic is essential for do it yourself investors to understand as it prepares them for a reality of investing that could help them stay the course during difficult times.Paul ends by reading Bogle's list of 8 common sense realities that every investor should know.  It would probably be smart to reread this short list at least once a year.At the Bogleheads conference Paul will speak twice: once in an interview with Jim Dahle (The White Coat Investor).  The topic is factor investing.  We have developed a page of links to all of the tables that are focused on the use of factor funds to build a portfolio.  Here is a link to that list of tables, charts and graphs.In his second opportunity to share he is part of a panel on investing.  That will be a free for all and should be fun.All of the conference presentations are being taped so they will be available in the coming months. 

In today's episode, I'm talking about the importance of understanding investing fees and sharing some of the free resources and tools available that you can use to learn about investing principles and spot potential scams.    Join me to learn more about investing and the long-term impact that fees can have on your investment return.    Also mentioned in today's episode:    The importance of diversification 5:20 My personal investment strategy 5:50 The impact of investment fees 12:26 Investor.gov and free resources available 19:00 If you enjoyed this episode, please rate, review and share it!  Links: Take the investing quiz  Use the compound interest calculator John Bogle (inventor of index funds) on fees Come to the Money Bootcamp Open House          

David Baughier switched seats with host Rick Ferri and interviewed him about many personal finance topics. David is a retired Naval Officer with a passion for helping people pursue and achieve financial independence. He is the founder of www.fiology.com, a free resource that escorts you through 52 concepts of financial independence over the course of one year.   This podcast highlights the first 50 minutes of David's The Forget About Money YouTube video, which we recorded in May 2024. We discussed a diverse set of topics, from John Bogle to asset allocation to the biases in most investment advice. The podcast is David's latest passion project, and it encourages you to take action today so that you can focus on what matters most to you.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities nationwide. There are also many local chapters in the US and even a few foreign chapters that meet regularly, and New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Index funds continue to dominate and appear to only be strengthening their case, so this week we're talking indexing — an innovation pioneered by the late, great John Bogle. We also dive into some financial considerations when navigating divorce and one simple task that addresses the $473 billion Americans waste every year.

Explore influential quotes and maxims from the investing and business world. This includes from: Warren Buffett, Mark Twain, Robert Kiyosaki, Albert Einstein, Dan Sullivan, Thomas Edison, Benjamin Franklin, Suze Orman, and yours truly, Keith Weinhold. “Why not go out on a limb? That's where the fruit is.” -Mark Twain “Given a 10% chance of a 100x payoff, you should take that bet every time.” -Jeff Bezos “The stock market is a device for transferring money from the impatient to the patient.” -Warren Buffett “Don't live below your means; expand your means.” -Rich Dad “The wise young man or wage earner of today invests his money in real estate.” -Andrew Carnegie “Savers are losers. Debtors are winners.” -Robert Kiyosaki Resources mentioned: For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:00) - Welcome to GRE. I'm your host, Keith Weinhold. Real estate and other investing involves people from the disappointing to the mesmerizing. People have contributed countless quotes, maxims and aphorisms on investing today. All recite and then we'll discuss dozens of influential ones and what you could learn from this timeless wisdom today on get Rich education.   Robert Syslo (00:00:29) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Reinhold writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus has had its own dedicated Apple and Android listener. Phone apps build wealth on the go with the get Rich education podcast.   Robert Syslo (00:01:06) - Sign up now for the get Rich education podcast or visit get Rich education.com.   Corey Coates (00:01:14) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:30) - Welcome to diary from Ellis Island, New York, to Ellensburg, Washington, and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get Rich education for the 508th consecutive week. Happy July. It's the first day of the quarter, and it's now the second half of the year. So late last year when you got takeaways from our goals episode here, I hope that you're still applying them today. We're doing something different on this show. For most episodes. I divulge a lot of my best guidance. Some even quote that material. But why don't I acknowledge others great quotes maxims in aphorisms along with some of my own? And then I'll tell you what you can learn from them. So yes, today it's about axioms, adages, mantras and quotes, maxims and aphorisms. Some of these you've heard, others you probably haven't.   Keith Weinhold (00:02:28) - The first one is the only place you get money is from other people. Yeah. Isn't that so solidly true? You've never received any money in your life from yourself, unless you try to counterfeit it and give it to yourself. It's always been from other people. When you realize that the only place that you do get money is from others, you realize the value of relationships and connectivity. The next one comes from the brilliant entrepreneurial coach Dan Sullivan. You are 100% disciplined to your set of habits. Gosh, this is a terrific reminder about the importance of how you have to often uncomfortably apply something new in order to up your skill set up your game. If you keep getting distracted, well, then that's a habit, and then you'll soon become disciplined to the habit of distraction. The next two go together, and they're about market investing. Nobody is more bearish than a sold out bull. And the other is bears make headlines. Bulls make money. Really the lesson there is that they're both reminders that it's better to stay invested rather than on the sidelines.   Keith Weinhold (00:03:53) - The next two are related to each other as well. Albert Einstein said, strive not to be a person of success, but rather to be a person of value. And then similarly, a more modern day spin on that. Tony Hsieh, the late CEO of Zappos. He said, Chase the vision, not the money and the money will end up following you. And the lesson here is, well, we'd all like more money, but if you focus on the money first, well then it doesn't want to follow you. You need to provide value and build the vision first, and then the money will follow and you know, to me, it's kind of like getting the girl if you act too interested in her and you get too aggressive, it's a turnoff. But if you quietly demonstrate that you're a person of value, or subtly suggest somehow in a way that their life could be improved by having a relationship with you or being around you, then they're more likely to follow. And yes, I'm fully aware that this is a heterosexual male analogy, and I use it because that is what I am.   Keith Weinhold (00:04:58) - So if you're something else, I'm sure you can follow along with that. The next quote is from Susie Kasam. Doubt kills more dreams than failure ever will. Gosh, isn't this so on point? It's about overcoming the fear in just trying. And then if you know that you've lived a life of trying, you're going to have fewer regrets. Thomas Edison yes, the light bulb guy in the co-founder of General Electric, he said the value of an idea lies in the using of it. Oh, yeah, that's a great reminder that knowledge isn't really power. It's knowledge plus action that creates power because an idea that remains idle doesn't do anyone any good. Hey, we're just getting started talking about investing in real estate quotes today here on episode 508 of get Rich education. And, you know, remarkably, these maxims and catchphrases, they're usually just 1 or 2 sentences, but yet they are so often packed with the wisdom such that these takeaways and lessons are like your three favorite ones today. They can change the trajectory of your entire life.   Keith Weinhold (00:06:20) - The next quote is one that I have said carefully bought real estate has the best risk adjusted return in. The world. And I don't need to explain that because we talk about that in some form or another on the show many weeks. Albert Schweitzer said success is not the key to happiness. Happiness is the key to success. If you love what you're doing, you will be successful. Yeah, I'd say that one is mostly true. Just mostly, though, there's no attribution here. On this next one, you might have heard the aphorism money is a terrible master, but an excellent servant. Yeah. Now, I've heard that one for a long time, and it took me a while to figure out what it really meant. And here's my take on that. If you make money, the master will. Then you'll, like, do almost anything. You'll trade your time for money. You'll sell your time for dollars instead. If you invest passively and it creates leveraged equity and income streams, oh, then money serves you.   Keith Weinhold (00:07:28) - It's no longer the master. That's what that means to me here in a real estate investor context. And, you know, it really underscores the importance of making money work for you. And is a follow up to last week's show. Whose money are we talking about here? Whose is it? It's focusing on getting other people's money to work for you, not just your own. Now, the next one is a quote that I've said on the show before, quite a while ago, though. And come on now, what would an episode about quotes, maxims and aphorisms be without some contribution from Mark Twain? Here Twain said, why not go out on a limb? That's where the fruit is. that's just so, so good in business and in so many facets of your life, constantly playing it safe is the riskiest thing that you can actually do. Because a risk averse investor places a ceiling on his or her potential in a risk averse person imposes an upper limit on their very legacy. In fact, episode 275 of the get Rich education podcast is named Go Out on Limb precisely because of this Twain quote.   Keith Weinhold (00:08:45) - So listen to that episode if you want to hear a whole lot more about that. It's actually one of Twain's lesser known quotes, but perhaps his best one. The next one comes from famous value investor Benjamin Graham. He said the individual investor should act consistently as an investor and not as a speculator. Okay, so what's the difference there? A speculator takes big risks in hopes of making large quick gains. Conversely, an investor focuses on risk appropriate strategies to pursue longer term goals, which is really consistent with being a prudent, disciplined real estate investor. Presidential advisor Bernard Baruch contributed this to the investing world. Don't try to buy at the bottom and sell at the top. It can't be done except by liars. yes. Tried to time the market. It might be tempting, but it rarely works because no one really knows when the market has reached its top or its bottom. All you can really hope to do is buy lower and sell higher. But you're never going to buy at the trough and sell at the peak.   Keith Weinhold (00:10:00) - And even buying lower and selling higher is harder to do than it sounds, even though everyone knows that's what they're supposed to do. Albert Einstein is back here, he said. Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn't pays it. And as you've learned here on the show on previous episodes, compound interest. It does work arithmetically, but not in real life would apply to the stock market. Of course. My quote contribution to the investing world on this is compound interest is weak. Compound leverage is powerful. I broke that down just last week on the show, so I won't explain that again. Now, really, a central mantra in GR principle is don't live below your means, grow your means. But I must tell you, I can't really take credit for coining that particular one because from the rich dad world, the quote is don't live below your means, expand your means. But I did hear that from them first, and though it can't be certain, I think it was Sharon letter that coined that one.   Keith Weinhold (00:11:13) - A lot of people don't know this, but she was the original co-author of the book. Rich dad, Poor Dad with Robert Kiyosaki. And Sharon has been here on the show before, and if I have her back, I will ask her if she is the one that coined that. Don't live below your means. Expand. Your means. But yeah, I mean, what this quote really means is, in this one finite life that you have here on Earth, why in the world would you not only choose to live below your means, but actually take time and effort learning how to do a better job of living below your means when it just makes you miserable after a while, when instead you could use those same efforts to grow your means and you can only cut down so far. And there's an unlimited ceiling on the upside. And now there is one caveat here. I understand that if you're just getting on your feet, well, then living below your means might be a necessity for you in the short term.   Keith Weinhold (00:12:08) - And what's an example of living below your means? It's eating junk food because it's cheap and filling, expanding your means. That might be doing something like learning how to do a cost segregation to accelerate your depreciation. Write off on your 20 unit apartment building. But you know, even if you're in hardship, I still like live within your means more than the scarcity minded guidance of live below your means. Next is a terrific one, and it really reinforces the last quote a rich man digs for gold. A poor man is concerned with the cost of a shovel. Oh yeah, that's so good. And I don't know who to attribute that to. It's about growing your means and taking on and actually embracing calculated risks. Not every risk, calculated risk. And you can also live that regret free life this way. In fact, episode 91 of this show is called A Rich Man Digs for gold. So you can get more inspiration for that from that episode. Okay, this one comes from the commodities world where there are notoriously volatile prices.   Keith Weinhold (00:13:18) - How do you make a million? You start with 2 million. now, this next one is one that I don't really agree with that much. You really heard this a lot the last few years. It applies when you have a mortgage on a property, and that is the house is the liability and the debt is the asset. I know people are trying to be crafty. People kind of use this pithy quote when they're discussing how those that locked in at those artificially low mortgage rates years ago considered the debt so good that it's an asset. It's like, yeah, I know what you're saying. And I love good real estate debt and leverage and all that, of course. But really, for you, truly, then if the House is a liability and the debt is an asset like you're saying, then give away the house to someone else. If it's such a liability, and keep the debt to pay off yourself if it's really such an asset. A little humorous here. Next, Forbes magazine said, how do you make a million marry a millionaire? Or better yet, divorce one then more? Real estate ish is Jack Miller's quote how do you become a millionaire? Well, you borrow $1 million and you pay it off.   Keith Weinhold (00:14:31) - And I think we can all relate to that here at GRE. Better yet, borrow $1 million and don't pay it off yourself. Have tenants and inflation pay it down for you. And you know, inflation is getting to be a problem for any of these, like century old classic quotes that have the word millionaire in them. Because having a net worth of a million that actually used to mean you were wealthy, and now it just means you're not poor, but you might even be below middle class. Now, you probably heard of some of these next ones, but let's talk about what they mean. Warren Buffett said the stock market is a device for transferring money from the impatient to the patient. And then Benjamin Franklin said an investment in knowledge pays the best interest. I mean, yeah, that's pretty on point stuff there when it comes to investing. Nothing will pay off more than educating yourself. So do some research before you jump in. And you've almost certainly heard this next one from Warren Buffett.   Speaker 4 (00:15:28) - You want to be greedy when others are fearful, and you want to be fearful when others are greedy.   Keith Weinhold (00:15:32) - That is, be prepared to invest in a down market and to get out in a soaring market. As per the philosophy of Warren Buffett, it's far too easy for investors to lose perspective when something big goes wrong. A lot of people panic and sell their investments. And looking at history. The markets recovered from the 2008 financial crisis. They recover from the dotcom crash. They even recover from the Great Depression, although it took a long time. So they're probably going to get through whatever comes next as well, if you really follow that through what Buffett said there. Well, then at a time like this now, I mean, you could be looking at shedding stocks as they continue to approach and break all time highs. Carlos Slim, hello said with a good perspective on history, we can have a better understanding of the past and present and thus a clear vision of the future. Sure. Okay, that quote like that probably didn't sound very snappy and it's really simple, but he's telling us that if you want to know the future, check on the past.   Keith Weinhold (00:16:39) - Not always, but often. It will tell you the future directory, or at least that trajectories range. And this is similar to how I often say take history over hunches, like when you're applying economics to real estate investing. Now this next guy has been a controversial figure, but George Soros said it's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. Okay, I think that quote means that too many investors become almost obsessed with being right, even when the gains are small, winning big, and cutting your losses when you're wrong. They are more important than being right. Amazon founder Jeff Bezos said given a 10% chance of a 100 times payoff, you should take that bet every time. All right. Now, that's rather applicable to the high flying risk of, say, investing in startup companies. We'll see. Bezos himself, he took a lot of those bets, a 10% chance at a 100 X payoff. And that is exactly why he's one of the richest people in the world.   Keith Weinhold (00:17:49) - Now, if you haven't heard of John Bogle before, you should know who he is. He co-founded the Vanguard Group, and he's credited with popularizing the very concept of the index fund. I mean, Bogle transformed the entire investment management industry. John Bogle said, don't look for the needle in the haystack. Just buy the haystack. Okay? If it seems too hard to say, find the next Amazon. Well, John Bogle came up with the only sure way to get in on the action. By buying an index fund, investors can put a little bit of money into every stock, and that way they never miss out on the stock market's biggest winners. They're only going to have a small part. And what that means to a real estate investor is, say, rather than buying a single property in a really shabby neighborhood, that neighborhood will drag down your one property. So to apply boggles by the whole haystack quote. What you would do then is raise money to buy the entire block, or even the entire neighborhood and fix it up, therefore raising the values of all of the properties.   Keith Weinhold (00:18:55) - Back to Warren Buffett. He had this analogy about the high jump event from track and field. He said, I don't look to jump over seven foot bars. I look around for one foot bars that I can step over. Yeah. All right. I mean, investors often do make things too hard on themselves. The value stocks that Buffett prefers, they frequently outperform the market, making success easier. Supposedly sophisticated strategies like short selling. A lot of times they lose money in the long run. So profiting from those is more difficult. Now, you might have heard the quote, and it's from Philip Fisher. He said the stock market is filled with individuals who know the price of everything but the value of nothing. Yeah. I mean, that's really another testament to the fact that investing without an education and research that's ultimately going to lead to pretty regrettable investment decisions. Research is a lot more than just listening to the popular opinion out there, because people often just then invest on hype or momentum without understanding things like a company's fundamentals or what value they create for society, or being attentive to price to earnings ratios.   Keith Weinhold (00:20:08) - Even Robert Arnott said in investing, what is comfortable is rarely profitable. You know, that's pretty on point at times. You have to step out of your comfort zone to realize any big gains. Know the boundaries of your comfort zone. Practice stepping out of it in small doses. As much as you need to know the market, you need to know yourself too. Can you handle staying in when everyone else is jumping out, or do you have the guts to get out during the biggest rally of the century? You've got to have the stomach to be contrarian and see it through. Robert Allen said. How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case. That's the end of what Robert G. Allen said. Yeah, though inflation could cut out the millionaires part. Yeah I mean point well taken. No one builds wealth through a savings account. Now a savings account might be the right place for your emergency fund. It has a role, but it's not a wealth builder.   Keith Weinhold (00:21:10) - I mean, since we left the gold standard back in 1971, so many dollars get printed most years that savers become losers. Which, hey, that does bring us to Robert Kiyosaki. He's been a guest on the show here with us for times now, one of our most frequent guests ever. Here he is. The risks at Port Arthur. And you probably know what I'm going to say. He is, he said. Savers or losers? Debtors or winners of something that your parents probably would never want to know that you subscribed to your grandparents, especially. Yes, he is one of the kings of iconoclastic finance quotes. And as you know, I've got some contributions to that realm myself. But what Kiyosaki is saying is if you save 100 K under a mattress and inflation is 5%, well, now after a year you've only got 95 K in purchasing power. So therefore get out of dollars and get them invested. Even better than if you can get debt tied to a cash flowing leveraged asset. In fact, episode 212 of this very show is named Savers are Losers.   Keith Weinhold (00:22:18) - Debtors are winners. So I go deep on that theme there. We've got more as we look at it and break down some of the great real estate investing quotes, maxims and aphorisms. They generally get more real estate ish as we go here, including ones that you haven't heard before and dropping, quote, bombs here that absolutely have to be enunciated and brought to light ahead. A group of Real Estate quotes episode. Hey, learn more about what we do here to get rich education comm get rich education.com. And do you have friends or family that are into investing or real estate? I love it when you hit the share button on your pod catching device or whatever platform you're listening on. Everything that we do here is free and the share button really helps the show. Be sure to follow or subscribe yourself if you haven't done that more. Straight ahead. I'm Keith Reinhold, you're listening to get Rich education. Your bank is getting rich off of you. The national average bank account pays less than 1% on your savings.   Keith Weinhold (00:23:27) - If your money isn't making 4%, you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk. Your cash generates up to an 8% return with compound interest year in and year out. Instead of earning less than 1% sitting in your bank account, the minimum investment is just $25. You keep getting paid until you decide you want your money back there. Decade plus track record proves they've always paid their investors 100% in full and on time. And I would know, because I'm an investor, to earn 8%. Hundreds of others are text family 266866. Learn more about Freedom Family Investments Liquidity Fund on your journey to financial freedom through passive income. Text family to 66866. Role under this specific expert with income property, you need. Ridge lending Group Nmls 42056. In gray history from beginners to veterans, they provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge personally.   Keith Weinhold (00:24:46) - They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com.   Speaker 5 (00:25:02) - This is Rich dad advisor Ken McElroy. Listen to get Rich education with Keith Reinhold and don't quit your daydream.   Keith Weinhold (00:25:20) - Welcome back to Get Your Education. I'm your host, Keith Weiner. We're having some fun today, looking at and breaking down some of the great investing quotes, maxims, and aphorisms. Andrew Carnegie said, the wise young man or wage earner of today invests his money in real estate. Another one for Mark Twain here by land. They're not making it any more. You probably heard one or both of those. And yeah, Twain's time predated that of those islands that are built in Dubai. But Twain's point is still well taken. There is an inherent scarcity in land. Louis Glickman drove the point home about real estate investing when he simply said, the best investment on Earth is Earth. A Hebrew proverb goes as far as saying he is not a fool man who does not own a piece of land.   Keith Weinhold (00:26:18) - Wow, that's pretty profound right there. And if you're a female listener, yes, many of these timeless quotes from yesteryear harken back to a period when all of the landowners were men. President Franklin D Roosevelt, he has a real estate quote that you probably heard, but let's see what I think about it. Let's talk about it. Here it is. Real estate cannot be lost or stolen, nor can it be carried away, purchased with common sense, paid for in full and managed with reasonable care. It is about the safest investment in the world. That's from FDR. That's pretty good. I just don't know about the paid in full part because you lost your leverage. FDR, Johnny Isakson, a US senator, said, in the real estate business, you learn more about people and you learn more about community issues. You learn more about life. You learn more about the impact of government, probably more than any other profession that I know of. And that's good, really on point stuff there.   Keith Weinhold (00:27:23) - If you're a direct real estate investor like we are here, you really learn those things. If you're in, say, a REIT, well, you're not going to be exposed to that type of knowledge in experiences. Hazrat Ali Khan is a spiritualist and he said, some people look for a beautiful place, others make a place beautiful. Yeah, that's some mystical motivation for the house flipper or the value add real estate syndicator right there, Political economist John Stuart Mill, he said something you've probably heard before. Landlords grow rich in their sleep without working, risking or economizing. Oh, yes, you can have a real estate quotes episode without that classic one. Although rather than landlords growing rich in their sleep, the phrase real estate investors is likely more accurate. Don't wait to buy real estate. Buy real estate and wait. You've surely heard that one. You might not know that it was actor Will Rogers with that particular attribution, entrepreneur Marshall Field said buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy, billionaire John Paulson said.   Keith Weinhold (00:28:45) - I think buying a home is the best investment any individual can make. That's what Paulson said. let's give Paulson the benefit of the doubt here. Although Robert Kiyosaki famously said that a house is not an asset because an asset puts money in your pocket and your home takes money out of your pocket, well, a home is something that you get to live in, build family memories in, and you do get some leverage if you keep debt on your own home. So maybe that's more of what's behind John Paulson's maxim there. Notable entrepreneur Jesse Jones. He said I have always liked real estate, farmland, pasture land, timberland and city property. I have had experience with all of them. I guess I just naturally like the good Earth, which is the foundation of all our wealth. Business mogul Tamir Sapir said if you're not going to put your money in real estate, where else? Yeah, I guess that's a good question. Anthony hit real estate professional. He said to be successful in real estate, you must always inconsistently put your client's best interests first.   Keith Weinhold (00:30:00) - When you do, your personal needs will be realized beyond your greatest expectations. Yeah, I think he's talking about being a team player there. And if you're a real estate agent, it's about putting your client's needs over yours. If it's a landlord, perhaps then you're thinking about putting your tenants first and meeting their needs so that they stay in your property longer. Here's a quote that I've got to say I don't understand. It's from real estate mogul and shark tank shark Barbara Corcoran. She says a funny thing happens in real estate. When it comes back, it comes back like gangbusters. I don't really know what that means, and I don't know what a gangbuster is yet. I see that quote all over the place. I can't explain why that would be popular. I don't get it at all now, novelist Anthony Trollope said it is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can't fly away. Entrepreneur Armstrong Williams is here with this gem. Now one thing I tell everyone is to learn about real estate.   Keith Weinhold (00:31:12) - Repeat after me. Real estate provides the highest returns, the greatest values in the least risk. Yeah, that's a real motivator of a quote. As long as one knows what they're doing and buys, right? All of that could very well be true from Armstrong Williams. It was none other than John de Rockefeller that said the major fortunes in America have been made in land. Yeah, it's just really plain and simple there. John Jacob Astor, he got specific and more strategic here. This is Astor. He said, buy on the fringe and wait by land near a growing city. Buy real estate when other people want to sell and hold what you buy. I mean, yeah, that's pretty much an all timer right there from Astor. Winston Churchill said land monopoly is not only monopoly, it is by far the greatest of monopolies. It is a perpetual monopoly, and it is the mother of all other forms of monopoly. Yeah, interesting from Churchill. And there's a good chance that you haven't heard that one before.   Keith Weinhold (00:32:26) - Perhaps. So say, for example, if one owns real estate on all four corners of a busy street intersection, then that quote applies. It's like you've got a monopoly on a popular intersection. Russell Sage said. This real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security. That's from Russell Sage. And, you know, you know, something here is we've got lots of real estate specific quotes in this segment is that it is rare to nonexistent to see any negative quotes about real estate, about anyone saying anything bad about it. It's all positive stuff. Waxing eloquent about real estate. And there are a lot of reasons to do that. But not every real estate moment is great. Maybe this is all because nothing quotable is said when you find out that one of your tenants is a drug dealer. Well. Finance expert Susie Orman says this owning a home is a keystone of wealth, both financial affluence and emotional security.   Keith Weinhold (00:33:46) - Yeah, a lot like an earlier quote. A home is the only investment that you get the benefit of living in. Peter Lynch said. No, what you own and why you own it. I mean, that is short, sweet and it's just a really good reminder to you. Do you now own any properties that you would not buy again? And if you wouldn't buy it again, then should you consider selling it now? Not FDR, but Theodore Roosevelt. He said every person who invests. In well selected real estate in a growing section of a prosperous community, adopts the surest and safest method of becoming independent for real estate is the basis of wealth. That's Theodore Roosevelt. Yeah. He reiterates that you want to own most of your property in growing places, something that really hasn't changed over all this time. Coke Odyssey contributes to this. The house he looked at today and wanted to think about until tomorrow, maybe the same house someone looked at yesterday and will buy today. Oh, gosh, that's true.   Keith Weinhold (00:34:58) - I think that everyone has the story of the one that got away. Margaret Mitchell said the land is the only thing worth working for. Worth fighting for, worth dying for. Because it's the only thing that lasts. Yeah. Wow. Some real passion there from Margaret. Sir John Templeton said the four most dangerous words in investing are. It's different this time. Yeah. I think what Templeton is advising is to follow market trends in history. Don't speculate that this particular time will be any different. Warren Buffett said wide diversification is only required when investors do not understand what they are doing. Yeah, that insight from Buffett. That's pretty applicable when you understand that you've got to get good in a niche and then get rich in that niche, meaning being narrow. Why diversification? That's likely better when you're just beginning and you don't know much, but then you want to get niche in your big earning years. And then perhaps when you're older, you get diversified once again because you're more interested in just protecting what you have.   Keith Weinhold (00:36:15) - Robert Kiyosaki said it's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. Now there's something with tax efficiencies and more in that Kiyosaki quote. My friend Dave Zook, billionaire dollar syndicator and frequent guest on this show, he said, you can be conventional or you can be wealthy. Pick one. Oh yeah, I love that from Dave. Because if you do what everyone else does, you'll only get what everyone else got. And I've contributed some material here over 508 episodes of this show. Although I won't claim the eminence of some of the other luminaries of the past few centuries discussed today. I've been known to say these. You do care about what others think. That's your reputation. I've been known to say the scarcity mentality is abundant and the abundance mentality is scarce. And some say that in real estate, I was the first one to point out back in 2015 that real estate pays five ways. Another that I have is a critique of delayed gratification.   Keith Weinhold (00:37:31) - Now, some delayed gratification is okay early on in your life, but I've said too much delayed gratification becomes denied gratification. Here on Earth, you live just one life. Hey. And the other day, an entrepreneurial friend. I don't know. He seemed to think that I have the right life balance. I'm not sure if that's true or not, but here's what I told him. And I think he said this because he often sees me out to exercising and things. I told him I give my best to exercise. Business only gets left over time. That's because exercise is hard and making money is easy. Yeah, there it is. That's my take on that. And that's it for today. I hope that you got some learning, some perspective, a few laughs and that some thought was spurred inside your mind in order to give you at least one big, rich novel takeaway here. And it's probably best for you to refer back to this episode of quotes, maxims, and aphorisms. At times when you're feeling shaky about your investment decision making, or just other times of uncertainty.   Keith Weinhold (00:38:49) - Until next week, I'm your host, Keith Reinhold, and there's something else that I've been known to say. Don't quit your day. Drink.   Speaker 6 (00:39:00) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively.   Keith Weinhold (00:39:28) - The preceding program was brought to you by your home for wealth building. Get rich education.com.

In this Swift Chat conversation, Marie Swift speaks with Jane Wollman Rusoff, Contributing Editor with ThinkAdvisor and a two-time AZBEE award winner from the American Society of Business Publication Editors. Jane's career journey is as diverse as it is fascinating. From delving into consumer electronics during the tech revolution to interviewing some of the biggest names in entertainment, Jane's experience spans multiple industries. She shares anecdotes from her interviews with iconic figures like Dustin Hoffman, John Bogle, Ray Charles, Steve Allen, and William Shatner, giving us a glimpse into their lives beyond the spotlight. Jane is also the founder of Family Star Productions, where she helps ordinary individuals create legacy profiles, capturing their memories, values, and philosophies for future generations. These private profiles serve as a timeless treasure, preserving the essence of a person's life story. Jane shares insights into her unique approach to profiling individuals, including those with cognitive challenges like Alzheimer's. She emphasizes the importance of capturing memories before they're lost and reveals the surprising depth of recollection even in advanced stages of dementia. You can learn more about Family Star Productions at www.FamilyStarProductions.com  

Gentle reminder: no one cares as much about your money as you do. Today, Amber answers a listener's question about what to look for in a financial advisor and whether you even need one. You'll learn the differences between the various financial service providers and gain the tools to discern whether or not a financial planner aligns with your wealth goals. From the hidden impact of advisor fees to why you want someone who's CFP certified, you'll learn how to take control of your financial legacy today.---------------------------In today's episode, we cover the following:Welcome to new listeners and what to expect in today's episode (0:00)Cornerstones of this podcast series (3:30)Question: How do you find a great financial advisor? Or do I really even need one? (6:07)What is a financial planner? (10:45)What you want to look for in a financial planner (14:11)What is a fiduciary? (18:06)The viability of robo-advisors (22:20)What is a wealth manager vs. a portfolio manager? (24:05)How financial service providers get paid (26:39)Why 1% isn't a small amount when it comes to your finances (29:37)Things to consider before hiring a financial planner (36:00)Options for when you're at the beginning of your wealth journey (39:28)Principles of investing according to John Bogle (41:33)Conclusion and citations to start your research with (46:09)----------------------------RESOURCES: Episode 001: Money is my Boyfriend: Building a Relationship with your FinancesEpisode 003: Financial Fight or Flight is Ruining Your LifeEpisode 005: Afford Everything You WantEpisode 011: The Hot Girl's Guide to InvestingEpisode 018: Drowning in Credit Card Debt: Healing Habits & Personal LoansEpisode 019: AMEX Black & Bilt Card Review- Your Credit Questions AnsweredEpisode 028: How to Found Your Family Office and Build a LegacyEpisode 035: Tracking your Net Worth: Worth it's Weight in GoldEpisode 041: Hack your Brain for Wealth with Anne LesterRead Anne Lester's book Your Best Financial LifeFind a financial advisor at

Robert Leonard talks with Stig Brodersen. Stig is Co-Founder and Co-Host of We Study Billionaires by The Investor's Podcast Network, a best-selling author, and a former college professor. He has successfully grown We Study Billionaires to the #1 stock investing podcast in the world, while building a platform that is also a leading authority in stock investing. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 01:46 - How to pick a brokerage company to invest with. 06:23 - What stocks, ETFs, mutual funds, bonds, commodities, and options are. 10:17 - How to keep your emotions in check and set realistic expectations. 27:36 - How to actually buy and sell stocks and funds. 35:29 - Different investment strategies that can be implemented.  49:38 - How and why compounding is so important for millennial investors. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Money Under 30 Compounding Example. Recommended Book: I Will Teach You To Be Rich by Ramit Sethi. Recommended Book: The Little Book of Common Sense Investing by John Bogle. Recommended Book: The Education of a Value Investor by Guy Spier. Recommended Book: The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrai. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Toyota DeleteMe Fundrise Linkedin Marketing Solutions NerdWallet TurboTax NetSuite Learn more about your ad choices. Visit megaphone.fm/adchoices

On episode 348 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the people you see on every vacation, the cure for the loneliness epidemic, the biggest driver of stock market returns, the John Bogle expected returns formula, the best returning stock might surprise you, Bitcoin ETF flows, why there won't be a baby boomer retirement crisis, and much more! Thanks to YCharts for sponsoring this episode! Supercharge your client conversations with the latest and greatest data from YCharts' newsletter. Get 20% off your initial YCharts Professional subscription at: https://go.ycharts.com/animal-spirits-referral. Find complete show notes on our blogs... Ben Carlson's A Wealth of Common Sense Michael Batnick's The Irrelevant Investor Feel free to shoot us an email at animalspirits@thecompoundnews.com with any feedback, questions, recommendations, or ideas for future topics of conversation.   Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com   Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Almost a year ago, New York Community Bank (NYSE: NYCB) acquired Signature Bank's assets as a fresh banking crisis had emerged almost overnight. The fallout from the failure of Silicon Valley Bank wreaked havoc on financial markets and raised fears of a 2008 scenario.Over the past week, those fears have again come to life. NYCB issued a dismal earnings report, followed by a set of questionable disclosures. The stock tumbled, and commercial real estate values are again in question.With more write-offs and loan losses surely to come, why are many of the S&P Real Estate Sector fund components showing signs of life and stock price momentum? We pose this question to our guest, Katie Stockton, of Fairlead Funds.Fairlead recently added The Real Estate Select Sector SPDR Fund (XLRE) to their portfolio based on proprietary research utilizing technical analysis. Mortgage rates, which were in the 2-3% range during Covid, have recently retreated from the eight percent level and are bouncing between 6.5 and 7%.The stock market has reached new highs, unemployment is low, and job creation is strong. What comes next?What would John Bogle, founder of Vanguard Funds, comment if he were alive today? Would he continue to advocate for long-term investing in low-cost index-related funds? Yes.What does our guest, Katie Stockton, a Chartered Market Technician, have to say about current market conditions? Let's find out. Technical analysis is a methodology using charts and trends for forecasting the direction of prices through the study of past market data, primarily price and volume. Additionally, momentum and relative strength.1Fundamental analysis, in accounting and finance, is the analysis of a business's financial statements (usually to analyze the business's assets, liabilities and earnings); health; and competitors and markets.2GuestKatie Stockton, CMT is Founder and Managing Partner of Fairlead Strategies, LLC, an independent research firm and investment advisor focused on technical analysis. Prior to forming Fairlead Strategies, Katie spent more than 20 years on Wall Street providing technical research and advice to institutional investors. Most recently, she served as Chief Technical Strategist for BTIG and Chief Market Technician at MKM Partners. She also worked for technical strategy teams at Morgan Stanley and Wit Soundview.CNBC Fast Money, January 24, 2024With help from the Fairlead Strategies team, Katie provides research and consulting services to institutions and individuals, and she is the portfolio manager for the Fairlead Tactical Sector ETF (TACK). Katie received her Chartered Market Technician (CMT®) designation in 2001, and later served as Vice President of the CMT Association from 2012 to 2016. For several years, she has been honored by The Technical Analyst, a U.K. based publication, including an award in 2022 for Best Cryptocurrency Research.Katie graduated with honors from the University of Richmond with a BSBA, and she now serves on the business school's Executive Advisory Council. She is a member of the Endowment Investment Committee for her church. Katie frequently shares her views on CNBC and other financial news networks.Jack BogleCNBC, Cramer, Obit, Jack Bogle was despised and he loved itJack Bogle Shares the Investment Lessons of a LifetimeJohn Bogle wikipediaJohn Bogle remarks to CFA Institute, May 23, 2017John Bogle advice About The Author And Podcast Host Tom LevineTom Levine is a Native Angelino and graduate of USC Marshall School of Business, the Claremont Colleges, and spent a term at the London School of Economics. Following a 25 year career in capital markets, Tom Levine founded Zero Hour Group in 2014. The Los Angeles, California-based firm provides consulting, strategic analysis, valuation and real estate services. Serving individuals, family offices, institutions and professional investors.Native Angelino Real Estate, established 2017, for residential, commercial and investment related transactions. Additionally, he is a broker and certified Short Sale and Forclosure specialist under the National Association of Realtors. (CADRE #2052698)The Native Angelino Podcast is underwritten and produced in conjunction with the Zero Hour Group, 1929 and Native Angelino Real Estate, and associated real estate assets.Native Angelino description found on iTunes:“From a vantage point within sight of the Hollywood Sign, seated beneath a palm tree, Tom Levine takes you on a twisted, exploratory tour of popular thought, the upside-down theories of classical economics, politics, and other strange things.Tom talks all things Los Angeles, bright new ideas, and complex topics of interest to creative thinkers and discerning skeptics.L.A. locals state with pride, "You can surf in the morning and ski in the afternoon." Well, if you get a really early start, it's true. Sometimes.Los Angeles is the City of the Angels, and Tom Levine is a Native Angelino.Neither the author, nor Native Angelino/1929, is a registered investment, legal or tax advisor or a broker / dealer. All investment/ financial opinions expressed here are from the personal research, experience, and opinions of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate, occasionally unintended errors and misprints may occur. Do your Own Research please. Our content is for informational purposes only. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live/subscribe

Robert Leonard brings back Simon Erickson to review the growth investing strategy and how investors can start with this strategy. Robert and Simon discuss how to find the right investments, portfolio allocation, what are the biggest deal breakers after analyzing these companies, when to sell stocks, and more! IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 02:40 - What does it mean to buy companies not tickers?  05:58 - What are the first steps when looking for potential investments?  11:12 - Portfolio allocation for new and young investors, should they go all-in on a position when they're young? 18:57 - When entering investments, is it better buying straight to allocation percentage or buying in chunks?  39:17 - When is the right time to sell stocks? 40:35 - How does economic outlooks impact investing? 42:04 - How are today's market conditions different from those present during the 2000 and 2001 markets? 43:40 - Simon's recommended books on growth investing. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Related episode - MI040: COVID19 and Growth Investing with Simon Erickson | YouTube video. Recommended Book: The Innovator's Dilemma by Clayton Christensen. Recommended Book: The Little Book of Common Sense Investing by John Bogle. Recommended Book: The Power of Passive Investing by Rick Ferri. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: NetSuite Linkedin Marketing Solutions Fundrise TurboTax HelloFresh Learn more about your ad choices. Visit megaphone.fm/adchoices

La mayor revolución financiera de los últimos años tiene su origen en eventos aparentemente desconectados, como una maleta Samsonite, un anuncio censurado de Merill Lynch, una apuesta de 1 millón de dólares de Warren Buffett y el proyecto "Manhattan" de las finanzas. Esta revolución ha dado lugar a gigantes financieros como Vanguard y BlackRock, que gestionan más de 15 billones de dólares.

Jim Shambo is one of the pioneers of the CPA financial planning profession, the PFP Section, and the PFS Credential. He has a lot of insight to offer on many topics that can be useful takeaways for listeners. In this episode of the Deeper CPA financial planner connections PFP podcast, Lyle Benson facilitates a discussion with Jim to share the highlights of his story. The conversation includes the following topics: How Jim decided to focus on personal financial planning after beginning his career in tax How Jim and a few of his peers laid the foundation for what we have today with the PFP Section and the PFS credential What Jim learned in college that led to his success in his firm, in his service for clients, and as a volunteer for AICPA What approach Jim takes with investing and how his relationship with Vanguard's John Bogle influenced him How Jim planned for a successful retirement and sale of his business How using the creative side of his brain has been Jim's secret to a life well lived Access resources related to this podcast: Note: If you're using a podcast app that does not hyperlink to the resources, visit Libsyn (PFP) to access show notes with direct links. Listen to other episodes in this series.  Save the date for ENGAGE 2024 where you will find the most technically advanced learning in PFP, tax, and estate planning.  Save the date for How to build your CPA financial planning practice workshop in advance of ENGAGE on June 2nd. Save the date for PFS Live! (registration coming soon) in advance of ENGAGE on June 2nd.  This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search “AICPA Personal Financial Planning” on your favorite podcast app.    

Ralph has a new book out, The Rebellious CEO: 12 Leaders Who Did It Right and in this episode, we profile three of them, Andy Shallal, owner of the restaurant “Busboys and Poets,” John Bogle, founder of the Vanguard Group, and Robert Townsend, iconoclastic CEO of Avis Rent-a-Car and author of the classic business book “Up The Organization!” Mr. Shallal joins us in person while financial advisor and Boglehead, Rick Ferri, talks to us about the late John Bogle and Robert Townsend Jr. explains the origins of his father's philosophy. Plus, Ralph gives us an update and a call to action on Gaza.Click on the link to order your copy of The Rebellious CEO.Andy Shallal is an activist, artist and social entrepreneur. Mr. Shallal is the founder and proprietor of Busboys and Poets restaurants in the Washington DC area, which feature prominent speakers, poets and authors and provide a venue for social and political activism. He is co-founder of The Peace Cafe, a member of the board of trustees for The Institute for Policy Studies, and a member of the advisory council for the American Museum of Peace.The whole idea of this book The Rebellious CEO is to show that these CEOs reverse the business model. They didn't just have a vision and say, “We're gonna squeeze workers and consumers and environmental indifference to maximize the profits.” No, they started out saying, “We're gonna treat the workers well. We're gonna treat the consumers well. We're gonna confront the environment. We're gonna speak out against injustice.” And they all made money. Every one of them in the book said they always paid attention to profits because without profits they couldn't do all the things they wanted to do.Ralph Nader, author of “The Rebellious CEO”It becomes very personal. And when it's personal, it's hard to separate yourself from the business. So everything that happens in the business, it's not a one -off, it's about me. If the business is treating my employees badly, it means Andy Shallal is treating his people badly. That's a very personal way [of looking at it] and it's a way for I think a lot of these folks that you write about in the book to kind of stay on mission and say, “This is my name. This is my legacy. This is my entire being that is on the line.”Andy ShallalUnderstanding those dynamics and how race plays out in this country and how people interpret and see race is really a very important part of our training— to make sure that people do not fall into the trap of saying, “I don't see race,” because race sees you. And unless you are proactive in how you deal with people as they walk through the door, you're gonna probably make mistakes.Andy ShallalRick Ferri has worked for 35 years as a financial adviser and he is the host of the Bogleheads on Investing podcast. Mr. Ferri was a pioneer in low-fee investment advice and portfolio management using ETFs and index funds, he has authored 7 investment books and hundreds of articles published in Forbes, the Wall Street Journal, and several professional journals, and he is the former president of the John C Bogle Center for Financial Literacy.[John Bogle] was very determined. He believed in giving investors a fair shake on Wall Street. He believed that we should get our fair share of market returns. He believed that there was a conflict of interest in the investment industry between the people who owned the investment companies and the investors in those companies—the people who bought the mutual funds. And he said, "You cannot serve two masters."Rick FerriThat's our mission—to build a world of well-informed, capable, and empowered investors. And that's what the Bogle Center and the Bogleheads are all about.Rick FerriRobert Townsend, Jr. is the son of Robert Townsend, who was president of Avis Rent A Car from 1962 to 1965 and was the author of the best-selling and iconoclastic business manual Up the Organization: How to Stop the Corporation from Stifling People and Strangling Profits.[Robert Townsend, Sr.] was definitely iconically an iconoclast, but I don't think he saw himself that way. He didn't just believe in partnership. He saw that—and teamwork— were the only things to accomplish. So he found, just through serendipity or synchronicity, partners everywhere he looked.Robert Townsend, Jr.[Robert Townsend, Sr.] embarked on a new career of consulting…He would come back from consulting with somebody or other, finding out, “All they wanted was me to tell them they were doing it right. And nothing I said actually made any difference.”Robert Townsend, Jr.In Case You Haven't Heard with Francesco DeSantis1. The tide seems to finally be shifting in favor of a ceasefire in Gaza. Democracy Now! Reports “British Foreign Secretary David Cameron and German Foreign Minister Annalena Baerbock called for a ‘sustainable ceasefire' in a joint article in The Sunday Times. The pair said efforts should be focused on a two-state solution after the assault comes to an end. The U.K. and Germany had previously declined to call for a ceasefire and abstained from voting last week on the U.N. General Assembly's ceasefire resolution. Also on Sunday, French Foreign Minister Catherine Colonna called for an ‘immediate and durable truce' while meeting with her Israeli counterpart Eli Cohen in Tel Aviv, saying ‘too many civilians are being killed' in Gaza. This comes as U.S. Defense Secretary Lloyd Austin arrived in Israel earlier today, where he is expected to focus talks on transitioning to a ‘lower intensity' war.'”2. Many wonder why these countries are changing their position so abruptly. One explanation could be the efficacy of the Red Sea blockade enforced by the Yemeni Houthis. Thus far, five of the largest shipping firms in the world, including CMA CGM, Hapag-Lloyd, Maersk and MSC, along with Evergreen and BP, have “paused or suspended their services in the Red Sea,” due to Houthi attacks, per the Economist. Collectively, these firms represent over 60% of global shipping. In response, the United States has announced its intention to form a naval bloc to combat the Houthis, risking further escalation in the region.3. Haaretz reports that Al Jazeera is “preparing a legal file to send to the International Criminal Court (ICC) over what it called the ‘assassination' of one of its cameramen in Gaza.” The ICC complaint focuses on a cameraman, Samer Abu Daqqa, who was “killed by a drone strike on Friday [December 15th] while reporting on the earlier bombing of a school used as a shelter for displaced people in the southern Gaza Strip,” but will “also encompass recurrent attacks on the Network's crews working and operating in the occupied Palestinian territories and instances of incitement against them." The Committee to Protect Journalists reports at least 64 journalists and media workers have been killed in Gaza since October 7th.4. On Sunday, Pope Francis decried the murder of two Palestinian Christian women who had taken refuge in a church complex in Gaza, Reuters reports. The Pope mourned that "Unarmed civilians are the objects of bombings and shootings. And this happened even inside the Holy Family parish complex, where there are no terrorists, but families, children, people who are sick or disabled, nuns…Some would say 'It is war. It is terrorism.' Yes, it is war. It is terrorism."5. According to NBC Bay Area, “At least hundreds of union members rallied at Oakland City Hall Saturday to call for a ceasefire… The ‘Labor for Palestine' rally brought out members from 14 unions across the Bay Area [including longshore workers, teachers, electricians, and nurses]. In addition to the call for the cease-fire, a statement put out by organizers said it also wanted the U.S. to stop providing military aid to Israel and ‘an end to Israel's occupation.' Organizers also said the rally was the first such labor-led rally in the U.S. this year.”6. AP reports Tesla is recalling “nearly all vehicles sold in [the] US,”  following a two-year investigation by the National Highway Traffic Safety Administration, or NHTSA, regarding “a series of crashes [some deadly] that happened while the Autopilot partially automated driving system was in use.” Dillon Angulo, a driver who suffered brain trauma and broken bones in one such crash, said “This technology is not safe, we have to get it off the road…The government has to do something about it. We can't be experimenting like this.”7. Upon taking office, one of President Biden's stated foreign policy goals was to overturn Trump's designation of Cuba as a state sponsor of terror. Yet, according to the Intercept “in a private briefing last week on Capitol Hill, State Department official Eric Jacobstein stunned members of Congress by telling them that the department has not even begun the review process.” As the article notes, “The terror designation makes it difficult for Cubans to do international business, crushing an already fragile economy. The U.S. hard-line approach to Cuba has coincided with a surge in desperate migration, with Cubans now making up a substantial portion of the migrants arriving at the southern border. Nearly 425,000 Cubans have fled for the United States in fiscal years 2022 and 2023, shattering previous records. Instead of moving to stem the flow by focusing on root causes in Cuba, the Biden White House has been signaling support in recent days for Republican-backed border policies.”8. In Chile, voters have rejected a far-right proposed new constitution, per PBS. As the article notes, this vote “came more than a year after Chileans resoundingly rejected a proposed constitution written by a left-leaning convention and one that many characterized as one of the world's most progressive charters.” The new, right-wing draft was characterized as even more conservative than the Pinochet-era constitution it sought to replace as it would have “deepened free-market principles, reduced state intervention and might have limited some women's rights.” As ex-president Michele Bachelet, who campaigned against the new draft constitution said “I prefer something bad to something worse.”9. In Argentina, radical right-wing President Javier Milei has announced a crackdown on civil society, “calling on armed forces to break strikes, arrest protesters, ‘protect' children from families that bring them to demo[nstration]s, and form a new national registry of all agitating organisations,” per Progressive International's David Adler. While unsurprising, this clearly flies in the face of Milei's purported ‘anarcho-capitalist' principles.10. Finally, did Southwest Airlines cancel or significantly delay your flight during the holiday season last year? If so, you could be entitled to a $75 voucher as part of the Department of Transportation's record $140 million settlement with the airline, per the Hill. Under the settlement, which the Department of Transportation claims is the largest ever penalty against an airline for violating consumer protection laws, the airline is required to establish a $90 million compensation system to be used for passengers affected by “controllable cancellations and significant delays,” in addition to paying $35 million to the federal government. Last December's Southwest “meltdown” included “more than 16,900 flights…canceled or delayed…affect[ing] more than 2 million passengers around the holidays.”This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

Kevin Carter talks about emerging and frontier markets, where and how to get started investing internationally, and much more! IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 03:04 - Revelations Kevin saw when he worked at a mutual fund vs. investments one can do as an individual investor. 16:25 - Lessons Kevin learned when he shorted Amazon.  22:34 - How Kevin got involved with Tesla.  35:05 - What emerging or frontier markets are and which countries they consist of. 41:02 - Why home-country bias exists and what investors are potentially missing by focusing only on their domestic markets. 41:02 - What the most important things to look out for are when investing in foreign or international markets. 48:46 - The catalyst that's going to change the dynamics of investing and will have a material impact on the future returns of international markets. 01:00:36 - Where to start and how to get started as a new investor in foreign markets. 01:06:59 - How international investors combat against fraud and accounting standards. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Berkshire Hathaway Shareholder Letters. Burton Malkiel's book A Random Walk Down Wall Street. Fred Schwed's book Where Are the Customers' Yachts? David Swensen's book Pioneering Portfolio Management. John Bogle's book The Little Book of Common Sense Investing. Joel Greenblatt's book The Little Book That Still Beats the Market. Benjamin Graham's book The Intelligent Investor. All of Robert's favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. Check out all the books mentioned and discussed in our podcasts here. SPONSORS Support our free podcast by supporting our sponsors: Airbnb NetSuite Masterclass Babbel Shopify Connect with Kevin: Website | LinkedIn | Twitter Connect with Robert: Website |  Instagram

Robert Leonard chats with Kevin Kennedy about the impact of technology, fiscal and monetary policy, options trading and exchanges, cryptocurrency, and the rise of retail investors, on the growth of the stock market, and much more!IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro17:30 - How technology has had an impact on the markets and the rise of retail investors.26:55 - How to study markets today and if there's a fundamental shift that makes this time truly “different”. 32:18 - How retail investors' access to the markets changed how they function outside of fiscal and monetary policy.33:01 - The recent growth in the options space and where Kevin sees it coming from.33:01 - If the current growth in options trading is sustainable and if there is going to be a point where this can potentially crumble and backfire on speculative options traders.37:25 - The different options exchanges the Nasdaq has and why six exchanges are necessary.49:16 - Where the Nasdaq and the worlds of crypto and options collide. 51:09 - The future of capital markets and whether or not crypto will be part of it.54:33 - Lessons Kevin learned as a trader and what major mistakes he made.And much, much more!BOOKS AND RESOURCESJoin the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.Nasdaq.com XND microsite.David Swensen's book Pioneering Portfolio Management.John Bogle's book The Little Book of Common Sense Investing.Joel Greenblatt's book The Little Book That Still Beats the Market.All of Robert's favorite books.Check out all the books mentioned and discussed in our podcasts here.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.SPONSORSSupport our free podcast by supporting our sponsors:AirbnbNetSuiteShopifyBabbelPrincipal FinancialMasterclassConnect with Kevin: Website | LinkedIn | TwitterConnect with Robert: Website | InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Robert Leonard chats with Kevin Kennedy about the impact of technology, fiscal and monetary policy, options trading and exchanges, cryptocurrency, and the rise of retail investors, on the growth of the stock market, and much more! IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 17:30 - How technology has had an impact on the markets and the rise of retail investors. 26:55 - How to study markets today and if there's a fundamental shift that makes this time truly “different”.  32:18 - How retail investors' access to the markets changed how they function outside of fiscal and monetary policy. 33:01 - The recent growth in the options space and where Kevin sees it coming from. 33:01 - If the current growth in options trading is sustainable and if there is going to be a point where this can potentially crumble and backfire on speculative options traders. 37:25 - The different options exchanges the Nasdaq has and why six exchanges are necessary. 49:16 - Where the Nasdaq and the worlds of crypto and options collide.  51:09 - The future of capital markets and whether or not crypto will be part of it. 54:33 - Lessons Kevin learned as a trader and what major mistakes he made. And much, much more! BOOKS AND RESOURCES Nasdaq.com XND microsite. David Swensen's book Pioneering Portfolio Management. John Bogle's book The Little Book of Common Sense Investing. Joel Greenblatt's book The Little Book That Still Beats the Market. All of Robert's favorite books. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Airbnb NetSuite Shopify Babbel Principal Financial Masterclass Connect with Kevin: Website | LinkedIn | Twitter Connect with Robert: Website | Instagram

Shrouded in mystery and even more misunderstanding, hedge funds have always been very limited for the average investor. Whether for regulatory reasons or because of high capital requirements. But with the revolution started by ETFs, they are now available to the masses.Today, with literally a few dozen dollars in your pocket, you can invest in the same things as hedge funds.The hedge fund industry is burdened with one big sin: high management costs – just like in classic investment funds.This is probably the main source of their numerous failures. But something has been changing here for years, paradoxically partly thanks to the ongoing passive revolution (i.e.: index products). Management costs are falling, and according to Morningstar, the current average management cost among hedge funds is approximately 1.6% per year. Yes – it is still a lot if compared to passive stock ETFs, where the cost may be lower than 0.1% per year.For several years, strategies implemented by hedge funds in the ETF package have been beginning to appear – the so-called managed futures ETFs. Here, management costs dropped below 1% per year.Today, I invite you to an interview with Andrew Beer – a man with 30 years of experience in the hedge fund industry. Some people even call him the “John Bogle of hedge funds” because he offers a very cheap (for this class of strategy) ETF.For more please visit: https://systemtrader.show/027

Investing in index funds and dollar cost averaging are the boring yet effective ways to invest. Co-host Andrew introduces himself as one of the rotating hosts and shares his passion for personal finance, sourdough bread baking, and cycling. We discuss the history of index funds, the benefits of investing in index funds, and how dollar cost averaging works. We share the key messages from John Bogle's book “The Little Book of Common Sense Investing.” We also delve into the concept of dollar-cost averaging, explaining what it is and why it is so powerful and how the psychology of it can help you avoid decision fatigue.   Get the full show notes, show references, and more information here: https://insideoutmoney.org/003-how-and-why-to-invest-in-index-funds/

Kyle and Jheisson edge their way across Wikipedia as they research the Stanford Marshmallow Experiment, invest some time in the life of John Bogle inventor of the index fund, discuss mark Twain's impact on comedy, and shake through Wikipedia's list of biggest earthquakes. Will LA ever get to experience the BIG ONE? Follow @wikiuniversity on TikTok and Instagram and be sure to tell a friend about the podcast. 

This week is all about John Bogle, the Superhero of Wall Street for retail investors, Vanguard, low-cost index funds, and the benefits of ETFs with The Bogle Effect author, Eric Balchunas. The Bogle Effect is our Q1 pick for the Family Finance Mom Book Club. Eric Balchunas is Senior ETF Analyst at Bloomberg Intelligence, where he leads the ETF and fund research and contributes to Bloomberg Opinion. He is a frequent speaker at industry events and conferences, as well as the co-creator of the Bloomberg podcast, Trillions, and Bloomberg TV's ETF IQ. Eric is author of The Bogle Effect (2022) and The Institutional ETF Toolbox (2016). Eric holds a bachelor's degree in Journalism and Environmental Economics from Rutgers University. In today's episode, we cover... Who was John Bogle and why he is THE Superhero for American investors that most of us have never heard of? What is The Bogle Effect? Why over the long run, the biggest impact on your investment portfolio is fees. "Costs matter." What is an ETF? And what's better for investors: ETFs or mutual funds? What is the next big thing that may disrupt investing and Wall Street that investors should look out for? What does the modern investor portfolio look like? For more on FFM Book Club: https://familyfinancemom.com/finance-books-to-read/ For more on this week's guest, Eric Balchunas: https://twitter.com/EricBalchunas Get The Bogle Effect book Listen to his podcast, Trillions ___________________ Follow Family Finance Mom everywhere... Instagram: https://www.instagram.com/familyfinancemom/ YouTube: https://www.youtube.com/@familyfinancemom Twitter: https://twitter.com/financemom1 Get the weekly newsletter here: http://eepurl.com/gblbY9 --- Send in a voice message: https://anchor.fm/familyfinancemom/message

Hoy te traigo mi resumen sobre El Pequeño Libro Para Invertir con Sentido Común, de John Bogle. Uno de los más influyentes de la Historia. Dispondrás de ideas 100% prácticas, que podrás aplicar a tu propia cartera de inversión. ★☆ DESCARGAS GRATUITAS

Today we are spending most of the episode going further into the basic concepts that ground good financial practices and the personal finance topics that are often taken for granted. The three main areas we unpack in this episode are the cost of living, savings capacity, and emergency funds, and though these can be viewed as basic ideas, there are always areas of the simplest variety that deserve more attention. Listeners can also expect to hear a little more about what our role as financial advisors constitutes on a daily basis, as we respond to an audience member's question about how to conceptualize the profession. We welcome Dr. Wendall Mascarenhas back to the show for a brief cameo in which he shares his reading habits and approach with us, which contrasts with some of the opinions often expressed by other guests, so make sure to stay tuned in for that. We also find time for a quick recap of an old episode we had with Rick Ferri and a book review of Rethink Lead Generation by Tom Shapiro.   Key Points From This Episode:   •    Discussing the cost of living and why an accurate picture of your expenses is so important. (0:04:08) •    Working out your saving capacity and when and how to save. (0:21:32) •    General advice for emergency funds and further considerations for households. (0:32:51) •    Recapping our episode with Rick Ferri on his index investing philosophy and the lasting impact of John Bogle. (0:40:21) •    This week's book review of Rethink Lead Generation by Tom Shapiro. (0:42:26) •    Dr. Wendall Mascarenhas talks about his reading habits and his prioritization of reading for pleasure. (0:49:23) •    A few favourite book recommendations from Dr. Wendall Mascarenhas. (0:58:12) •    Current debates around ChatGPT and the sources of its information. (1:06:18) •    Information about upcoming meetups for the Rational Reminder community. (1:09:38) •    Further explorations on our recent goals survey and the input we received from Morningstar. (1:11:00)     Participate in our 23 in 23 Reading Challenge: 23 in 23 Reading Challenge — https://rationalreminder.ca/23in23 23 in 23 Reading Challenge on Beanstalk — https://pwlcapital.beanstack.org/   Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/ Shop Merch — https://shop.rationalreminder.ca/ Join the Community — https://community.rationalreminder.ca/ Follow us on Twitter — https://twitter.com/RationalRemind Follow us on Instagram — @rationalreminder Benjamin on Twitter — https://twitter.com/benjaminwfelix Cameron on Twitter — https://twitter.com/CameronPassmore Dr. Wendall Mascarenhas — https://www.fcos.ca/meet-dr-mascarenhas/ Teeth & Titanium Podcast — https://podcasts.apple.com/us/podcast/teeth-titanium/id1514989809 Extra References:   Savings capacity 'Popular Personal Financial Advice versus the Professors' — https://www.nber.org/papers/w30395 'The Life-Cycle Model Implies That Most Young People Should Not Save for Retirement' — https://www.aei.org/research-products/journal-publication/the-life-cycle-model-implies-that-most-young-people-should-not-save-for-retirement/ 'Exponential-Growth Bias and Lifecycle Consumption' — https://www.jstor.org/stable/43965317 'Save More Tomorrow™: Using Behavioral Economics to Increase Employee Saving' — https://www.jstor.org/stable/10.1086/380085 Emergency fund 'What Matters to Individual Investors? Evidence from the Horse's Mouth' — https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12895 'Millionaires Speak: What Drives Their Personal Investment Decisions?' — https://www.nber.org/papers/w27969 'Emergency savings for low-income consumers' — https://www.irp.wisc.edu/publications/focus/pdfs/foc301c.pdf 'Emergency Saving and Household Hardship' — https://www.researchgate.net/publication/269468202_Emergency_Saving_and_Household_Hardship 'Savings Policy and Decisionmaking in Low-Income Households' — https://www.researchgate.net/publication/289069441_Savings_Policy_and_Decisionmaking_in_Low-Income_Households 'Insufficient Funds: Savings, Assets, Credit, and Banking Among Low-Income Households' — https://www.jstor.org/stable/10.7758/9781610445887 'Financially Fragile Households: Evidence and Implications' — https://www.nber.org/papers/w17072 'One in four Canadians are unable to cover an unexpected expense of $500' —https://www150.statcan.gc.ca/n1/daily-quotidien/230213/dq230213b-eng.htm 'Who Should Buy Long-Term Bonds?' — https://www.jstor.org/stable/2677900 ‘Mental accounting matters' — https://people.bath.ac.uk/mnsrf/Teaching%202011/Thaler-99.pdf 'The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3274499 'Should Households Establish Emergency Funds' —https://www.proquest.com/openview/042e8ea8f8e3986ec6c93e5cfca265c0/1?pq-origsite=gscholar&cbl=38873 'Is an All Cash Emergency Fund Strategy Appropriate for All Investors?' — https://www.financialplanningassociation.org/article/all-cash-emergency-fund-strategy-appropriate-all-investors 'Building emergency savings through employer-sponsored rainy-day savings accounts' — https://www.journals.uchicago.edu/doi/full/10.1086/708170 'Double Mental Discounting: When a Single Price Promotion Feels Twice as Nice' — https://journals.sagepub.com/doi/10.1509/jmr.15.0559 'The Role of Mental Accounting in Household Spending and Investing Decisions'  — https://onlinelibrary.wiley.com/doi/10.1002/9781119440895.ch6 'Emergency Savings and Financial Security: Insights from the Making Ends Meet Survey and Consumer Credit Panel' — https://www.consumerfinance.gov/data-research/research-reports/emergency-savings-financial-security-insights-from-making-ends-meet-survey-and-consumer-credit-panel/  

0:00 -- Intro.2:12 -- Start of interview.3:00 -- Stephen's "origin story".  His start with IRRC in Washington, DC (1988). His focus on international corporate governance.7:01 -- The anti-Apartheid divestment campaign in South Africa. "Most people don't quite realize that in the U.S. the real corporate governance movement -what we might call today the ESG movement- stems from the campaign for anti-Apartheid sanctions and divestment." (early 1970s).10:27 -- On the historical background of investor advocacy, and his book on Isaac Le Maire "the first short seller and shareholder activist." The conflict with the Dutch East India Company (VOC) in the early 1600s (the first joint-stock company in the world).15:19 -- On the evolution of U.S. corporate governance and the rise of institutional investors since the late 1980s (particularly the big four: BlackRock, Vanguard, State Street and Fidelity). "[F]or most of the time (from late '80s to about 7 years ago), corporate governance has been more or less an exercise in throat clearing, a box-checking exercise, a compliance/legal matter that had to be done because of the DOL Avon Letter in 1988 [pointing out that proxy voting, like buy/hold/sell decisions, is a fiduciary act, and must be for “the exclusive benefit of plan participants."] "There was a lot of corporate governance talk, but it was at the margins."19:27 -- What changed in large asset managers to go from "passive investors" to more active with investment stewardship. Some factors (in the last decade): 1) Influence from Europe, where they insisted that these large funds sign up for commitments such as the UN Principles for Responsible Investment, and "to demonstrate bona fides when it comes to ESG factors," 2) Many of their institutional clients were becoming more aware of the importance of ESG factors; 3) Biggest factor: rising class of millennial investors, who have a different set of expectations on their financial agents.25:54 -- On the new policies such as from BlackRock and Vanguard to pass-through voting power to beneficial owners. 28:50 -- "One of the most exciting development in the capital markets is that in the last few decades we made a lot of progress on 1) management accountability to boards; 2) boards better equipped to oversee management; and 3) boards responsiveness to institutional investors. But the last piece of the puzzle is the accountability of institutional investors to the real sources of capital (beneficial owners) - the governance of institutional investors or stewardship governance." [see article Agency Costs of Agency Capitalism, by Gilson and Gordon (2013)] Citizen investors initiatives (to give them a voice), for example Tumelo (in the UK) or Say Technologies in the US (purchased by Robinhood).32:30 -- On proxy advisors and the Best Practices Principles for Shareholder Voting Research and its Oversight Committee (where he was the founding Chairman until 2022). This is an example of "monitored self-regulation." Konstantinos Sergakis is now the Chair.38:34 -- On the practice of dual-class share structures (supermajority voting structures). "A perennial issue in corporate governance." The case of Elsevier and Robert Maxwell. 42:25 -- On "corporate governance with Chinese characteristics."44:37 -- Challenges and opportunities of corporate governance in regions such as the Middle East and Africa (where he has been active). "There has been progress at a pace that in my wildest dreams I would have not anticipated." The sovereign wealth funds are the next stage of progress, where they will go from passive to more active. Examples of stewardship from Malaysia, Singapore, Norway and South Africa.50:25 - The books that have greatly influenced his life: The Battle for the Soul of Capitalism, by John Bogle (2005) (and others by John Bogle)Presidential Power and the Modern Presidents, by Richard Neustadt (1991)The Torah.51:44 - His mentors, and what he learned from them. Paul Leventhal (Nuclear Control Institute)Richard Schneller (former Senate Majority Leader Connecticut State Senate)Ira Millstein, (partner Weil Gotshal)Jonathan Charkham (formerly with the Bank of England)53:17 -  Quotes he thinks of often or live his life by. From his high school teacher "Never trust the magic of the printed word.”53:50 - An unusual habit or an absurd thing that he loves: olive picking.54:28 - The living person he most admires: his wife.Stephen Davis is a senior fellow at the Harvard Law School Programs on Corporate Governance and Institutional Investors__ You can follow Stephen on social media at:Twitter: @StephenM_DavisLinkedIn: https://www.linkedin.com/in/stephen-davis-6282424/__ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Government reports are known more for curing insomnia than providing inspiration for revolutionary products. The October 1987 Market Break Report might be an exception. A paragraph deep in the SEC's 800-page white paper happened to outline a “product” for trading baskets of stocks. On this episode of “The ETF Story,” you'll learn how those words gave Nate Most and Steve Bloom the idea for what would become the exchange-traded fund. You'll also hear from Vanguard founder John Bogle, who passed on Most's pitch -- and who may have shaped the ETF in the process. See omnystudio.com/listener for privacy information.

Are you ready to master your money and achieve financial freedom? Well, you have come to the right place. Moki Finance is all about maximizing our investment dollars so that they can go further. I have made it my life's mission to educate people about money because true freedom comes with financial freedom. *Disclaimer* I am not a licensed financial advisor or planner. The recommendations I give are solely for educational purposes only. Please consider your personal objectives before investing. All investments require risk and potential loss of capital. Past performance is not a guarantee of future results. Remember, “there is no such thing as a free lunch.” Vanguard recommendation 60% VTSAX 20%VTIAX 20% VSIAX Note: This is my equity recommendation, add VBTLX per your determined asset allocation Fidelity recommendations 60% FSKAX 20% FTIHX 20% FISVX Note: This is my equity recommendation, add FXNAX per your determined asset allocation CONTACT ME ► mokifinance@gmail.com The topics I cover: Investing, personal finance, money management, index funds, retirement, debt, debt repayment, credit cards, mutual funds, ETFs, Fidelity, Vanguard, John Bogle, Jack Bogle, Bogleheads, stock market, stock market investing, financial freedom, financial independence, stocks, bonds, cryptocurrencies, cash, international funds, small caps, small-cap value funds, VTSAX, VFIAX, VTIAX, VSIAX, VBTLX, FSKAX, FXAIX, FTIHX, FISVX --- Support this podcast: https://anchor.fm/mokifinance/support

This week's Misfit Entrepreneur is Jeff Johnson. Jeff is a wealth adviser with Buckingham Strategic Wealth and the author of One Decade to Make Millions, A Strategy to Maximize the Power of Your Twenties. When I heard the title of the book, I knew I had to talk to Jeff to learn what he was teaching people in their youth to do to retire wealthy, but I also was interested in what people who maybe didn't get off to as a good of a start in their early years building wealth, can do now to make a difference in their years to come. Needless to say, Jeff's practical advice and easy to understand actions can help anyone looking to improve their wealth make a difference for themselves. And I've asked him on to share all that he can to help you do so. www.JeffCJohnson.com Book: One Decade to Make Millions Jeff has been on the financial services world for over 40 years. He has learned from the clients he worked with over the past 4 decades and noticed traits of those that were most successful. Much of this is what he wrote about in his book. One of the biggest things they did was maximize their 20's. Jeff became passionate about helping young people when he taught a personal finance class Nebraska. Share the story about the bookkeeper and the surgeon… It's a true story. The bookkeeper was a client who started saving with Jeff in 1983. They didn't make a lot of money but were thrifty. The bookkeeper retired with significant wealth in his early 60's. The surgeon came to Jeff about the time he was ready to retire. The surgeon had some money saved, but not nearly enough. He was making a million dollars a year but spent most of it and didn't or set themselves up to succeed in wealth. Why do you think we don't teach financial education and wealth building in our school system? I don't know, but it is something that should be taught at home. The bookkeeper's children were good with money and the surgeon's were not good with money – teaching your children at home is critical to their financial success. What is someone's 20s so critical to financial success? It allows for the miracle of compounding to occur. 30-40 year of compounding is such a huge advantage over even 20 years of compounding. Compounding doesn't just pertain to monetary growth, but effort and productivity. If you work very hard and set aside money to compound and continue to add to it in you 20's, it almost becomes like snowball rolling down a hill gaining momentum. The story of the doctor and the nurse. The story shares how clients of Jeff's that were identical twins did in their wealth. One became a nurse and saved diligently in their 20's til about 30 and then let it compound until they were 70. The other went to medical school and became a doctor and stopped saving early one, but then started saving from age 30 to age 70. So, the nurse saved only for 10 years, from age 20 to 30 and the doctor saved from 30-40. Guess who had the most money? The nurse did because they got started so much earlier. Now imagine if you started saving in your 20's and continued to your 60's/70's. 5 steps to take control of your financial future? They are called the 5 Financial Foundations. They are the 5 keys to successful wealth building from working with the wealthy. 1: They always save money. Even when they were young. 2: They always have and keep a cash reserve. 3: Almost all working people have their biggest pool of money in some sort of retirement plan. 4: They own the right size home. They live comfortably, but not extravagantly. 5: They do not have bad debt. They borrow on things that can increase in value like homes or businesses. You say, “money is not important.” Explain that…. Money itself is not important. Just keep track of money doesn't bring happiness. Money is important because it allows you to do the things you want to do and provide a better life. So, it's not the money. It's what it allows you to do that matters. That is where the value is. There are people that are very wealthy, but not happy. Actions people can take right now to start putting these principles into practice? Get started. Save some amount of money. Anything to get going and learning how to accumulate money. Next, become familiar with what your investment decisions are. Read books by John Bogle and others. Self-educate. Once you have $10-20k saved, you can then really start making it work. Even something like the compounding power of dollar-cost averaging over time can make the difference. If you are starting later in life in life, you have to do things differently. You may have cut down on a lifestyle to get out of debt or downsize so you can save money. Let's talk more about people later in life. Say someone is “late to the party in their 30's and 40's,” what can they do to make a difference? Go through everything you spend on. Get a very good idea of what your real bills and expenses are. Cut out the fat. Use the money you were spending on the fat and start putting that toward paying down debt to get rid of it. You will have to cut back and change your lifestyle. The challenge is people will notice, so if you really care what other people think – it will be tough for you. At the 33 min mark, we have a great discussion about “expanding your means.” Anything else that you think is important? Get intentional about your life and what you want – forget about what other people think and it will be much easier to save and grow wealth. Lessons from your entrepreneur journey? Jeff was a stockbroker for 20 years and then started his own financial services firm. He ended up merging his firm with the firm he is in now. He made a lot of mistakes, but he took the time to learn from them and figuring out what worked and what didn't. He was intentional about what he wanted and how he would do it. He loves his work and that fueled him to work harder at it and get better. Have a business plan as an outline and a basis for what you want to do – but it won't work out as planned.   Best Quote: Money itself is not important. It allows you to do the things you want to do and provide a better life. So, it's not the money. It's what it allows you to do that matters. That is where the value is.   Jeff's Misfit 3: Be intentional. Have a specific plan and know what is important to you. Once you know what it is you want and why – get started as soon as possible. Execution is more important than creating the plan. Have fun but live in a state of gratitude. Gratitude squeezes out all the other bad emotions.   Show Sponsors Shopify: Get a 14-day FREE trial at www.Shopify.com/misfit Check out Goldming Inc as a potential Gold investment play. (Check with your financial advisor first) www.Goldmining.com  

Earnings season started with head-scratching volatility on Thursday and a surprising merger announcement on Friday. (0:21) Jason Moser and Ron Gross discuss: - Highlights from the Big Banks' latest earnings reports - Kroger's $24 billion plan to acquire rival grocery chain Albertson's - New details on Netflix's ad-supported tier starting in November - The latest from UnitedHealth Group, Walgreen's, and Domino's Pizza (19:15) For the past 25 years CNBC's Bob Pisani has been reporting live from the floor of the New York Stock Exchange. In his new book, "Shut Up and Keep Talking: Lessons on Life and Investing", he shares insights from investing legends (Vanguard's John Bogle) and memorable encounters with rock legends (Led Zeppelin's Jimmy Page). (37:30) Jason Moser and Ron Gross share two stocks on their radar: Uber and Stanley Black & Decker Stocks mentioned: C, JJPM, MS, WFC, UNH, KR, ACI, WMT, TGT, AMZN, WBA, NFLX, DIS, MSFT, DPZ, UBER, SWK Host: Chris Hill Guests: Jason Moser, Ron Gross, Bob Pisani Engineer: Dan Boyd

On today's episode of the For Your Innovation podcast, our Chief Futurist Brett Winton interviews Bloomberg's Eric Balchunas. Eric Balchunas is Senior ETF Analyst at Bloomberg Intelligence, where he leads the ETF and passive fund research and contributes to Bloomberg Opinion. He is a frequent speaker at industry events and conferences, as well as the co-creator of the Bloomberg podcast Trillions and Bloomberg TV's ETF IQ. Eric is also the author of the recently released, The Bogle Effect, a book about how john bogle and vanguard turned wall street inside out and saved investors trillions. Brett and Eric discuss The Bogle Effect, and Vanguard's John Bogle in detail, indexation in the investment management industry, passive vs. active investing[1], the media's coverage of the investing world and much more. “What we try to tell people and is to go where the indexes aren't…this industry like any other, you can see this with ETFs in particular, that's where a lot of the innovation is seen.” – @EricBalchunas Key Points From This Episode: Eric Balchunas' recent book; The Bogle Effect Indexing and how John Bogle brought indexing to Wall Street Eric explains risks of indexing for retail investors The size and scale of the passive fund market Eric's views on risk within the active fund industry How exchange traded funds (ETFs) fit into the innovation of financial innovation How ETFs compare to index funds The media's coverage of the investment management industry Eric's stock ETFs and the risks they may pose to investors What the future might be for indexation and ETFs What Eric thinks is the primary function of investment advisors The potential of mass adoption of cryptocurrency based investment products

IN THIS EPISODE, YOU'LL LEARN:08:47 - Why you need, and how to create, passive income streams.12:14 - What affiliate marketing is.21:02 - How to create a successful online business without an existing following.34:06 - Which stock Ryan is watching in 2020.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESGet a FREE audiobook from Audible.John Bogle's book The Little Book of Common Sense Investing.Joel Greenblatt's book The Little Book That Still Beats the Market.All of Robert's favorite books.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Enjoy a simple, good tasting supplement that truly improves your health with Field of Greens! Get 15% off your first order and get another 10% off when you subscribe for recurring order with the promo code MILLENNIAL.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Tell mom how much you love her—and make sure she hears it in crystal-clear audio quality, with Raycon.Combine hundreds of search filters to quickly find better leads, close more deals, and unlock your investing potential with the power of PropStream!Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.New to the show? Check out our Millennial Investing Starter Packs.Support our free podcast by supporting our sponsors.Read this episode's transcript and full show notes on our website.Connect with Ryan: YouTube | Instagram | Twitter Connect with Robert: Website | Instagram | TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's guest is Eric Balchunas, an analyst at Bloomberg Intelligence focused on exchange-traded funds and the author of The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions. In today's episode, we're talking about the legend John Bogle. Eric covers his early struggles to get Vanguard off the ground and the impact he's had on the entire investment community.  I even ask Eric what he thinks Mr. Bogle would say about my one major disagreement with him. We also touch on a number of big trends within the ETF industry, including direct indexing, possible consolidation, and Mutual Fund to ETF conversions. As we wind down, Eric shares some of his favorite ETF ideas that haven't been launched yet, including a Congressional replication ETF. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 

IN THIS EPISODE, YOU'LL LEARN:06:04 - How to get started on social media.06:04 - Businesses that can be built on third-party social media platforms.09:45 - How to grow a large social media following.13:36 - How to logistically handle content creation.25:03 - Where traditional education is lacking.29:14 - How investors should handle stock market crashes.35:00 - Four hobbies everyone should have.47:54 - Why everyone is a trader.51:14 - Why Dave Ramsey is keeping people poor.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCES:Get a FREE audiobook from Audible.Robert on The Impeccable Investor Podcast.JL Collin's book The Simple Path to Wealth.David Swensen's book Pioneering Portfolio Management.John Bogle's book The Little Book of Common Sense Investing.Joel Greenblatt's book The Little Book That Still Beats the Market.All of Robert's favorite books.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Help protect your family's financial future with TD Term Life Insurance.Enjoy a simple, good tasting supplement that truly improves your health with Field of Greens! Get 15% off your first order and get another 10% off when you subscribe for recurring order with the promo code MILLENNIAL.Tell mom how much you love her—and make sure she hears it in crystal-clear audio quality, with Raycon.Combine hundreds of search filters to quickly find better leads, close more deals, and unlock your investing potential with the power of PropStream!Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.New to the show? Check out our Millennial Investing Starter Packs.Support our free podcast by supporting our sponsors.Read this episode's transcript and full show notes on our website.Connect with Austin: Website | InstagramConnect with Robert: Website | Instagram | TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:02:46 - What the differences between the Canadian stock market and the US stock market are and if one is positioned to perform better over the next decade.05:33 - How investors can access international markets outside of their home stock market.06:53 - What CAPE ratio is and why it is important when looking at financial markets.10:40 - How to analyze companies and classify them as “good” or “bad” potential investments.13:27 - What the most important qualitative factors are to look for when analyzing companies to invest in.20:46 - What factors instantly disqualify a company from further consideration.23:54 - How to find companies to invest in. 27:49 - What a stock screener is and its drawbacks. 30:04 - How to think about portfolio allocation when you already have two companies identified as “top picks”.37:13 - How to apply a blended approach with individual stock picking and ETFs.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCES:Our tool for picking stock winners and managing our portfolios: TIP Finance.Get a FREE audiobook from Audible.JL Collin's book The Simple Path to Wealth.David Swensen's book Pioneering Portfolio Management.John Bogle's book The Little Book of Common Sense Investing.All of Robert's favorite books.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Protect your family with Fabric Insurance's term life insurance now, in just 10 minutes.Tell mom how much you love her—and make sure she hears it in crystal-clear audio quality, with Raycon.Combine hundreds of search filters to quickly find better leads, close more deals, and unlock your investing potential with the power of PropStream!Break into the multifamily investing space or level up your investing game. Learn these at the Multifamily Investor Nation Convention. Visit mfincon.com for details and tickets. Use promo code TIP to get $200 off your tickets.Enjoy a simple, good tasting supplement that truly improves your health with Field of Greens! Get 15% off your first order and get another 10% off when you subscribe for recurring order with the promo code MILLENNIAL.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH BRADENWebsite | LinkedIn | Twitter GET IN TOUCH WITH ROBERTWebsite | Instagram | TwitterEmail: robert@theinvestorspodcast.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

So yes I love books, so this week on the podcast i dive deep into my favorite books. I hope you enjoy xx    Carla Solo Book Episode HEALTH   The Body Keeps the Score: Brain, Mind, and Body in the Healing of Trauma is a 2014 book by Bessel van der Kolk about the effects of psychological trauma, also known as traumatic stress Medical Medium, Secrets Behind Chronic and Mystery Illness and How to Finally Heal by Anthony William How Not To Die is one of the most important books on health ever written. Dr. Greger shows us how to prevent and sometimes reverse all the major diseases that are killing us. We have the genetic potential to live disease free lives full of health and vitality until we are past 100. Why We Sleep, Dr. Matthew Walker brilliantly illuminates the night, explaining how sleep can make us healthier, safer, smarter, and more productive. Life Force by Tony Robbins, Peter Diamandis, and Robert Hariri brings you the most important resources that can help anyone sustain peak performance, and lead a healthy and more vital life. AUTOBIOGRAPHIES     Will by Will Smith a brave, inspiring and wildly entertaining memoir full of self-help lessons for readers, from one of the world's leading entertainer Long Walk to Freedom by Nelson Mandela Greenlights by Matthew McConaughey Greenlightsis a short memoir. Matthew McConaughey has written about some valuable insights and observations from his own life.  Steve Jobs by Walter Isaacson is the authorized self-titled biographyof American business magnate and Apple co-founder Steve Jobs.    BUSINESS   Shoe Dog by Phil Knight Shoe Dogis a real-life story of passion, perseverance, belief, loyalty and teamwork with a lot of heart. 4 hour Workweek by Tim Ferriss In The 4-Hour Workweek, #1 New York Times best-selling author Tim Ferriss, teaches you how to escape the 9-5, live anywhere, and join the new rich. How to Win Friends and Influence People by Dale Carnegie. The core idea is that you can change other people's behaviour simply by changing your own. It teaches you the principles to better understand people, become a more likable person, improve relationships, win others over, and influence behaviour through leadership. Start with Why – How Great Leaders Inspire Everyone To Take Action by Simon Sinek Start with Whyanalyses leaders like Martin Luther King Jr and Steve Jobs and discovers that they all think in the same way - they all started with why. Tony Robbins Books: THE PATH: ACCELERATING YOUR JOURNEY TO FINANCIAL FREEDOM Regardless of your stage in life or your current financial picture, the quest for financial freedom can indeed be conquered. The journey will demand the right tools and strategies along with the mindset of money mastery. With decades of collective wisdom and hands-on experience, your guides for this expedition are Peter Mallouk, the only man in history to be ranked the #1 Financial Advisor in the U.S. for three consecutive years by Barron's (2013, 2014 and 2015) and Tony Robbins, the World's #1 Life and Business Strategist. Mallouk and Robbins take the seemingly daunting goal of Financial Freedom and simplify it into a step-by-step process than anyone can achieve. UNSHAKEABLE: YOUR FINANCIAL FREEDOM PLAYBOOK After interviewing fifty of the world's greatest financial minds, and penning the #1 New York Times best seller Money: Master the Game, Tony Robbins returns with a step-by-step playbook, taking you on a journey to transform your financial life and accelerate your path to financial freedom. No matter your salary, your stage of life, or when you started, this is one of many self-help books that will provide the tools to help you achieve your financial goals more rapidly than you ever thought possible. TONY ROBBINS' MONEY: MASTER THE GAME Based on extensive research and interviews with some of the most legendary investors at work today (John Bogle, Warren Buffett, Paul Tudor Jones, Ray Dalio, Carl Icahn, and many others), Tony Robbins has created a 7-step blueprint for securing financial freedom. With advice about taking control of your financial decisions, to setting up a savings and investing plan, to destroying myths about what it takes to save and invest, to setting up a “lifetime income plan,” the book brims with advice and practices for making the financial game not only winnable—but providing financial freedom for the rest of your life. UNLIMITED POWER If you want to fulfill your dreams of living a better life, both professionally and personally, Unlimited Power is the book for you. Although written when Tony Robbins was only 25 years old, Unlimited Power remains as one of the most popular and overall best self-help books available. With Unlimited Power, you will learn how to reach the quality of life you think you deserve. Tony Robbins has helped heads of state, royalty, Olympic and professional athletes achieve their goals, and with Unlimited Power, so can you. Tony passionately and eloquently reveals the science of personal achievement and teaches you: How to find out what you really want The Seven Lies of Success How to reprogram your mind in minutes to eliminate fears and phobias The secret of creating instant rapport with anyone you meet How to duplicate the success of others The Five Keys to Wealth and Happiness   Unlimited Power is a revolutionary fitness book for the mind. It will show you, step by step, how to perform at your peak while gaining emotional and financial freedom, attaining leadership and self-confidence, and winning the cooperation of others. It will give you the knowledge and course to remake yourself and your world. Unlimited Power is a guidebook to superior performance in an age of success. AWAKEN THE GIANT WITHIN We all have an enormous potential within us, but too many of us shackle ourselves with limiting beliefs. How many times have you wanted to achieve a goal, only to tell yourself that you're not capable of doing so? Stop telling yourself that you're not enough, and instead, work toward achieving the extraordinary. Break the barriers and awaken the giant within with this Tony's most effective strategies and tactics for mastering your relationships, your finances, your emotions, and your life. NOTES FROM A FRIEND Tony wrote the first edition of Notes From a Friend in 1991, handing it out to thousands of people who needed to overcome their greatest challenges. This easy-to-understand and concise guide is now available to you in this special, updated edition with all-new material. SPIRITUAL   Man's Search for Meaning by Viktor E Frankl Psychiatrist Viktor Frankl's memoir has riveted generations of readers with its descriptions of life in Nazi death camps and its lessons for spiritual survival. The Power of Now by Eckhart Tolle Much more than simple principles and platitudes, The Power of Now takes readers on an inspiring spiritual journey to find their true and deepest self and reach the ultimate in personal growth and spirituality: the discovery of truth and light.  Conversations with God by Neale Donald Walsh Conversations with Godmarks Neale Donald Walsch's initial dialogue with God. This book discusses personal issues such as prosperity, relationships and the nature of spiritual truth -with God providing clear, understandable answers. Further than the author's conversation with God, you'll realise that your own understanding and your own conversation with God are the true subjects of this unforgettable text. An Untethered Soul by Michael Singer In the bookThe Untethered Soul, Michael A. Singer takes you step-by-step through the process of Gyana, the yoga of the Intellect, to the Source Top 10 Best Wayne Dyer Book by Nerdy Creator 1. The Shift “The greatest hunger of all is the hunger for meaning.” This is the first book I read from Wayne Dyer. During my recovery from depression, I had some insights on spirituality but I didn't know exactly what it is and how to explain it. This book speaks to me on a deep level and helps me learn a lot about my experience. It also got me started reading other spiritual books. If you are someone who is always working hard or doing a lot, but somehow still feel unfulfilled in life, this is the book to read. It takes you on a journey from ambition to meaning and let you realize that your spirit yearns for meaning, not ambition. The book is also made into an inspiration movie of the same name and released by Hay House. Wayne Dyer acted in the movie as himself. Print | eBook | Audio 2. Change Your Thoughts, Change Your Life “Sharpen a blade too much and its edge will soon be lost.” This book is Wayne Dyer's interpretation of Lao Tze's Tao Te Ching. He spent one whole year reading and practicing the verses of the Tao. It consists of 81 chapters and is meant to be read slowly. You don't have to be a Taoist to receive wisdom from this book. Tao Te Ching is just a way of life and Wayne Dyer makes it easy for you to apply Lao Tze's teaching to your daily life. At the end of each chapter, he provides action steps which you can take to make your life peaceful, inspired and harmonious. If you want to have a book that you can refer to from time to time and remind you to be at peace, this is the book for you. Print | eBook | Audio 3. Being in Balance “There's no such thing as stress; there are only people thinking stressful thoughts.” Wayne Dyer says that everything in the universe is in balance, except we humans. He points out that there is a very subtle imbalance between our dream (our reason for life) and our habits (our way of life). For example, our desire to enjoy life is often hindered by our stressful thoughts of needing to achieve more. This book is not about adopting new strategies to change your behavior. It's about aligning your thinking habits with your deepest desires and restoring the natural equilibrium in your lives. In this book, Wayne Dyer covers nine imbalances that will help you be more aware of these unhealthy habits. This book is suitable for those who feel dissatisfied with their life but doesn't understand why. Print | eBook | Audio 4. The Power of Intention “You feel good not because the world is right, but your world is right because you feel good.” As the book title suggests, this book is about intention. This intention isn't your intention to do something; it's the intention of the universe. Wayne Dyer believes that there is an invisible force and energy field that is bigger than ourselves. When we surrender to this built-in intention in the universe and trust its power, we co-create the lives we desire. This book speaks to the heart. It allows you to feel connected to the universe and its 7 faces — creativity, kindness, love, beauty, expansiveness, abundance and receptivity. Not only will this book inspires you, it also provides a step-by-step guide to help you apply these principles into your daily life. Print | eBook | Audio 5. 10 Secrets for Success and Inner Peace “Have a mind that is open to everything and attached to nothing.” This is a book about success but in the perspective of spirituality. It's not about goal setting, financial planning, or choosing the right career. It's about having inner peace which is what that truly defines success for him. In this book, Wayne Dyer elaborates on 10 principles that will guide you to tranquility. Unlike other books from him, this book is a quick read and doesn't have many personal stories. So it is suitable for anyone who is new to Wayne Dyer's works or spirituality. It's also good for someone who wants a quick recap of his teachings. Print | eBook | Audio 6. Wishes Fulfilled “The greatest gift that you were ever given was the gift of your imagination.” This book is about mastering the art of manifesting and getting what you really really want. The first part of this book gets you to change your concept of yourself and recognize something extraordinary within yourself. As per Wayne Dyer, your highest self is where you realize you are connected to the Divine. When you realize this, you can be anything and do anything. The second part of the book lays the foundation of how to manifest your wishes. The author says that if you want to accomplish something, you must first expect it of yourself. And it's not about making positive affirmations; it's a spiritual knowing. Deep down inside, you must know that you are what you already want to be for the manifestation to work. Print | eBook | Audio 7. There's a Spiritual Solution to Every Problem “Thinking is the source of problems. Your heart holds the answer to solving them.” This book is about dissolving the problems created by your mind. As per Wayne Dyer, problems are nothing more than mistakes in our thinking. If we tap into the higher frequency of our spirits, we can eliminate any problems in our lives. In the beginning of the book, the author shares his experience on having a heart attack and how he shifted from feeling self-pity and denial to gratitude and love. Even though his heart is still damaged, he was able to find peace and recovered when he shifted his energy from negativity to positivity. The book is suitable for you if you are open to new age philosophies and learning through anecdotes. Print | eBook | Audio 8. Wisdom of the Ages “This book is not about appreciating poetry and philosophy as much as it is about applying the wisdom of these writers to our everyday lives.” If you have read Wayne Dyer's books before, you will know he is fascinated by teachers who lived before us and likes to quote them in his books. For this book, he selects 60 teachers from a variety of eras and cultures and shares his interpretation of their works. The ancestral masters include Buddha, Michelangelo, Rumi, Whitman, and Jesus. At the end of each chapter, he also suggests how we can apply these teachings and wisdom to our modern lives. This book is great for those who enjoy reading poetry or about important people from the past and what they have taught the world. Print | eBook | Audio 9. Your Erroneous Zones “Happiness means no complaining about the things over which you can do nothing.” This book is not only Dr. Wayne Dyer first book, it's also one of his best-selling books. It has sold over 35 million copies! This book teaches you to take control of your life and not base your self-worth on other people. If you have problems with guilt, worry, anger, and procrastination, this book will help you deal with these erroneous zones and get out of the victim mindset. However, if you are used to the author's gentle, inspirational writing tone, this book might not be suitable for you. Before he had deeper insights on spirituality, his writing tends to be more on the motivational side and harsh. He even used some sexual references in the book which some might find inappropriate. Nonetheless, the content in this book is still useful and worth checking out. Print | eBook | Audio 10. I Can See Clearly Now “There is some sort of purpose associated with everything that arrives in your life.” This is a memoir on Wayne Dyer's life. He recalls and shares many of his intimate experiences from the time he was a boy up to the time he wrote this book. Through examining his own personal life, he wants to show us that there are no accidents in life. Each step of our journey has something important to teach us, be it good or bad. At the end of each chapter, he reveals what he has learned from each incident in his life and how they all lined up together. If you want to know the backstory of his books, this is the book to get. In this book, Wayne Dyer shares how he got his first book, Your Erroneous Zones, to become the bestseller and what got him to write some of the books on this list. Print | eBook | Audio   Top 10 Best Louise Hay Books from Nerdy Creator 1. Heal Your Body “If we are willing to do the mental work, almost anything can be healed.” Known as the little blue book by the author, this book has helped hundreds of thousands of people to awaken their ability to their own healing process. The author believes that disease (or rather “dis-ease” as per the author) can be reversed by simply reversing mental patterns and creating a new thought pattern. This step-by-step guide can be used as a reference book. Just look up your specific health challenge and you will find the probable cause for this health issue and the information you need to overcome it. If you want to understand the mental causes for your physical illness and the metaphysical way to overcome it, this book is for you. Print | eBook | Audio 2. You Can Heal Your Life “Remember, you have been criticizing yourself for years and it hasn't worked. Try approving of yourself and see what happens.” This book is about loving yourself. Every issue you have in your life regardless if it's about work, finances, health or relationship, you can trace all of them back to the lack of self-love. The problem that we think we have in life is rarely the problem.  In this book, the author takes you through a session just as if you came to her as a private client and attended one of her workshops. She will help you to understand how limiting your thoughts are and how to respond to situations differently. If you want to free yourself from your negative thinking patterns, read this book. Print | eBook | Audio 3. The Power Is Within You “When I talk about responsibility, I am really talking about having power.” A follow-up to her previous book, You Can Heal Your Life, the author believes that we contribute toward the creation of every condition in our lives, good or bad, with our thinking, feeling pattern. She believes in taking responsibility. However, as mentioned in her book, blame and responsibility are different. Blame is about giving away one's power while responsibility gives us the power to make changes in our lives. And we all have the power within us. If you want to let go of your hidden resentment and regain the power within you, this is the book for you. It will help you take charge of your life. Print | eBook | Audio Alternatively, you can read The Essential Louise Hay Collection, you can find the first three books in the list as a single volume. 4. Mirror Work “Love is the most powerful healing force there is. You can take this love out into the world and silently share it with everyone you meet.” Do you like what you see in the mirror? If you only see flaws in your face or your body or you often judge yourself when you look at the mirror, then this is the book for you. In this book, the author creates a 21-day course on mirror work. In three weeks, you will learn how to cultivate a deeper relationship with yourself simply by looking deep into your eyes and repeating affirmations. This book helps you to look beyond your physical form and truly love yourself. Great for someone who loves self-reflection and journaling. Print | eBook  5. Meditations to Heal Your Life “If I want to be accepted as I am, then I need to be willing to accept others as they are.” In this book, the author shares her philosophy of life on a variety of subjects such as work, relationships, and sexuality. Reading this book challenges you to think creatively beyond your limiting beliefs. As per the author, we come into this world totally connected with our inner wisdom but we pick up fears and limitations along the way. This book doesn't teach you how to meditate. Instead, you are to take each topic and meditate or contemplate on the subject. If there's a statement that you don't agree with, it's okay. But for growth, you are encouraged to examine your beliefs. Print | eBook  6. You Can Heal Your Heart “Our thinking creates our experiences. That doesn't mean the loss didn't happen or that the grief isn't real. It means that our thinking shapes our experience of the loss.” Written with renowned grief and loss expert David Kessler, this book is about finding peace after a breakup, divorce, or death. If you are hurting and need help in dealing with your ended relationships, this book is for you. It will help you feel your feelings, heal your old wounds, and change your distorted thinking about relationships, love, and life. You can choose to remember your loved one only with love, not with sadness or regret. This book will help you do so by healing your heart and increasing your self-awareness and compassion. Print | eBook | Audio 7. Love Your Body “Little babies love every inch of their bodies. They have no guilt, no shame, and no comparison.” If you are someone who judges your body, this is the book for you. This little book helps you to love your body by using affirmations. In this book, you will find 54 affirmations that help you appreciate the different parts of your body such as your hair, eyes, and mouth.  By standing in front of a mirror and repeating these positive affirmations daily, you will plant new positive seeds into your subconscious mind. Using the power of two proven self-esteem building techniques, this book is part affirmation, part journal. You can create your own affirmations using the blank spaces provided. Print | eBook | Audio 8. Power Thoughts “All that I need to know at any given moment is revealed to me. My intuition is always on my side.” This small, little, 11cm by 11cm book has 365 daily affirmations to help you build a more fulfilling and rewarding life. As per the author, “Every thought you think and every word you speak is an affirmation. So why not choose to use only positive affirmations to create a new way of thinking, acting, and feeling?” If you want to bring more positivity into your life and you want something simple that you can read every day, this is the book for you. Read one affirmation a day before you leave your house or give it to your friends as a gift. Print | eBook  Alternatively, you can check out other formats such as her Power Thought Cards or her audiobook, 101 Power Thoughts. Even though the affirmations are different, they are still inspirational and beautiful. It's also nice to have the author read to you the affirmations in her wonderful voice. 9. I Think, I Am “When you say something over and over, you start to believe it is true: and what you believe creates what you do and what happens to you.” Written with her friend, Kristina Tracy, and illustrated by Manuela Schwarz, this children's book helps children to learn the power of their thoughts. You can use this book to teach your children about affirmations. The author believes if children could learn about affirmations early on, their journey through life would be happier and more rewarding, with fewer struggles along the way.  This book will show your children how they can apply affirmations to their daily lives. You will find wonderful examples of kids turning negative thoughts into positive words and actions in this book. Print | eBook  10. Trust Life “I now choose to begin to see myself as the Universe sees me — perfect, whole, and complete.” This book is published to honour the late Louise Hay. In this book, you will find 366 affirmations, one for every day of the year, including the 29th of February. These affirmations are reflections drawn from the inspirational work and wisdom of Louise Hay. Whether you follow the affirmation accordingly each day or randomly read a page daily, this book gives you the encouragement and positivity you need for the day. It's a good book to put beside your bed to read before you start the day or before you go to bed. It will remind you of who you really are. Print | eBook   MINDSET The Four Agreements by Don Miguel Ruiz In The Four Agreements, bestselling author don Miguel Ruiz reveals the source of self-limiting beliefs that rob us of joy and create needless suffering. 7 Habits of Highly Effective People by Steven Covey This beloved classic presents a principle-centered approach for solving both personal and professional problems. With penetrating insights and practical anecdotes, Stephen R. Covey reveals a step-by-step pathway for living with fairness, integrity, honesty, and human dignity—principles that give us the security to adapt to change and the wisdom and power to take advantage of the opportunities that change creates. Psycho Cybernetics by Maxwell Maltz The book combines the cognitive behavioural technique of teaching an individual how to regulate self-concept, using theories developed by Prescott Lecky, with the cybernetics of Norbert Wiener and John von Neumann. The book defines the mind-body connection as the core in succeeding in attaining personal goals. Think and Grow Rich by Napoleon Hill Inspired by Andrew Carnegie's magic formula for success, this bookwill teach you the secrets that will bring you a fortune All of Joe Dispenzas books https://drjoedispenza.com/ All of Esther and Jerry Hicks books https://www.abraham-hicks.com/     RELATIONSHIPS 5 Love languages by Gary Chapman Learn how you can communicate in your spouse's 'lovelanguage' and watch your marriage flourish! Men are from Mars, Women are from Venus by John Gray In his classic guide to understanding the opposite sex, Dr. John Gray, provides a practical and proven way for men and women to improve their communication and relationships by acknowledging the differences between them Dr Phil relationship book Love Smart https://www.amazon.com/Love-Smart-Find-One-Want-Fix/dp/0743272099   MONEY Rich Dad Poor Dad by Robert Kiyosaki The bookfocuses on building wealth based on cashflow and increasing income from assets. I will teach you to be rich by Ramit Sethi Bestselling author, Ramit Sethi, featured in ABC News, CNN, and the WSJ, has taught thousands to manage their personal finances and how to become rich. A Simple Path to Wealth by JL Collins Your Money Your Life by Vicki Robin    

We have always been huge fans of the work of the later John Bogle, founder of Vanguard. We had the opportunity to spend time with him on several occasions. Bloomberg's Eric Balchunas also spent many hours with "Jack" Bogle in the years prior to his death and compiled his acheivements and wisdom into a fascinating book.