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You Don’t Have to Lose Money IF You Don’t Gamble with Risk

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Manage episode 241315610 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast 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.

Compounding is wonderful when it’s working continuously for you - and not so wonderful when large losses interrupt the process. But you don’t have to lose money if you don’t gamble with risk. ♠️

You can’t always trust what people tell you to do with your money, but you can watch what wise people are doing with their OWN money. Warren Buffet says to be “Fearful when others are greedy and greedy when others are fearful.” Stock-piling cash when other people are greedily chasing the market, can be a great strategy; then instead of gambling with risk you can take more calculated risk (if & when you wish) and you can secure a compounding foundation of guarantees.

Start with guarantees and you can build a financial portfolio with both guarantees and results from calculated risk. Start by gambling with risk and you will never see the full potential of guarantees in your portfolio.

Disclaimer: Life Benefits its agents, and representatives are not authorized to give investment, legal or tax advice.

  continue reading

488 episodes

Artwork
iconShare
 
Manage episode 241315610 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast 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.

Compounding is wonderful when it’s working continuously for you - and not so wonderful when large losses interrupt the process. But you don’t have to lose money if you don’t gamble with risk. ♠️

You can’t always trust what people tell you to do with your money, but you can watch what wise people are doing with their OWN money. Warren Buffet says to be “Fearful when others are greedy and greedy when others are fearful.” Stock-piling cash when other people are greedily chasing the market, can be a great strategy; then instead of gambling with risk you can take more calculated risk (if & when you wish) and you can secure a compounding foundation of guarantees.

Start with guarantees and you can build a financial portfolio with both guarantees and results from calculated risk. Start by gambling with risk and you will never see the full potential of guarantees in your portfolio.

Disclaimer: Life Benefits its agents, and representatives are not authorized to give investment, legal or tax advice.

  continue reading

488 episodes

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