The Best Way to Win Is to Keep From Losing – Episode 241

There are perhaps many thousands of books out there that purport to tell you how to “win” in investing. Many of them contain various gimmicks and “secrets” that are supposed to help you beat the market and earn a fortune.  Here’s another secret: not a single one of them is worth what you pay for them.

A better way to potentially win in investing is simply to avoid losing. With all the pitfalls and landmines you’ll encounter as an investor, most of which is out of your control, you simply need to survive the short-term volatility while allowing the magic of compounding to do its job over the long term.

How might you accomplish this? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!