))
The Power of Planning in Personal Finance and Investing
Manage episode 415124994 series 2854558
Content provided by Andrew Baxter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Baxter 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.
In this episode of Money and Investing, hosts Andrew Baxter and Mitch offer profound insights on the critical role of meticulous planning in personal life and investment endeavours. They passionately explore why investors should cease to be reactive decision-makers, urging listeners to adopt a more responsive approach—a transformation that could be pivotal in their investment journeys.
Through relatable real-life instances, the episode underscores the essence of preparedness and the significant benefits of proactive decision-making. Andrew and Mitch debunk the myth that spontaneity triumphs over organization, highlighting the stress that precipitates from last-minute decisions. They drill down into annual financial events, the valuable role of an ace accountant, ways to mitigate risks and tweak investment strategies during the stock market's earning season.
As the conversation pivots towards the impending elections, the significance of staying informed about prevailing news and sentiments is highlighted. They delve into scenarios like the potential return of Donald Trump to office, its implications on the market, and possible strategies to adopt. The episode concludes with a discussion of the importance of cultivating planning as a routine habit and its impact on financial success.
Whether you are a seasoned investor or just starting, this episode is a valuable guide to better organization, informed decision-making, and locating abundant opportunities in your financial journey. Tune in for an enlightening take on why planning can be your greatest asset, reducing stress and paving the way for exhilarating possibilities.
Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1
FREE Online Training with Andrew Baxter: https://bit.ly/cod-online
Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/
The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/
The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387
243 episodes
Share
