The 3 Keys to Achieving Economic Freedom

Doug Fabian’s ETF Strategies

I recently listened to an episode of the Tim Ferriss podcast in which he interviewed the great investor Ray Dalio, who is sometimes known as the Steve Jobs of hedge fund managers. Dalio talked a lot about his mistakes (interestingly, not much about his big successes) and the importance of reflection on those mistakes.

In my recent wealth coaching sessions, I’ve noticed that many people have failed to reflect on their mistakes. The result is they’ve failed to learn valuable lessons, and that can be very dangerous.

This is the kind of situation that will eventually cause financial pain, and the simple reason why is that if you are not willing to grow and evolve, you may find your wealth and/or your economic freedom taken from you at a time when you need it the most.

In this week’s episode, I tell you about what I think are the three keys to achieving economic freedom.

These keys, or what I call factors, represent the three most important components to achieving and maintaining economic freedom.

Perhaps the most interesting thing about these three factors is that none of them have to do with the stock market, or with investing.