2846: [Part 1] Why Is Taking Financial Risk Important? by Vicki Cook and Amy Blacklock of Women Who Money

Optimal Finance Daily - Financial Independence & Money Advice

Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

1d ago 13:02

MP3•Episode home

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2846:

Vicki Cook and Amy Blacklock from WomenWhoMoney.com explain the significance of taking financial risks to build long-term wealth. They stress that relying solely on savings can lead to diminished buying power due to inflation, and outline strategies to balance risk and return to achieve financial goals, regardless of one’s current financial situation.

Read along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/

Quotes to ponder:

"Building your own financial house must be a priority."

"Your future self will thank you when your net worth grows along with your confidence."

"Putting all your (financial) eggs in one basket isn’t a wise thing to do."

Episode references:

Financial Industry Regulatory Authority (FINRA): https://www.finra.org

Investor.gov: https://www.investor.gov

Learn more about your ad choices. Visit megaphone.fm/adchoices

2849 episodes