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2924: Slam Dunk Financial Planning by Jesse Cramer of Best Interest Blog on Investment Portfolio Advice

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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.

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 2924:

Jesse Cramer explores how smart financial planning mirrors basketball strategy: take the guaranteed shot instead of chasing risky gains. He explains how narrowing the range of outcomes through careful planning like diversifying investments or giving yourself time leads to financial dependability and peace of mind, avoiding unnecessary risks.

Read along with the original article(s) here: https://bestinterest.blog/slam-dunk-financial-planning/

Quotes to ponder:

"There’s a 60% chance I live the exact lifestyle I want to in retirement. But no matter what, all three scenarios are acceptable to me, so there’s a 100% chance I’ll enjoy life throughout my retirement."

"Reducing your range of outcomes has many benefits. In this particular basketball scenario, simple math supports it; 99% of 2 points is better than ~40% of 3 points."

"Why risk something you have and need for something you don’t have and don’t need?"

Episode references:

Risk Parity Radio podcast: https://www.riskparityradio.com

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

  continue reading

2929 episodes

Artwork
iconShare
 
Manage episode 448433285 series 3571232
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.

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 2924:

Jesse Cramer explores how smart financial planning mirrors basketball strategy: take the guaranteed shot instead of chasing risky gains. He explains how narrowing the range of outcomes through careful planning like diversifying investments or giving yourself time leads to financial dependability and peace of mind, avoiding unnecessary risks.

Read along with the original article(s) here: https://bestinterest.blog/slam-dunk-financial-planning/

Quotes to ponder:

"There’s a 60% chance I live the exact lifestyle I want to in retirement. But no matter what, all three scenarios are acceptable to me, so there’s a 100% chance I’ll enjoy life throughout my retirement."

"Reducing your range of outcomes has many benefits. In this particular basketball scenario, simple math supports it; 99% of 2 points is better than ~40% of 3 points."

"Why risk something you have and need for something you don’t have and don’t need?"

Episode references:

Risk Parity Radio podcast: https://www.riskparityradio.com

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

  continue reading

2929 episodes

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