The #1 Investing Book! Unshakeable by Tony Robbins is about finding peace of mind in a market and world full of volatility. The stock market is experiencing a bear market since than the fall of highs in February. Volatility has never been higher before and this is a book on why your emotional intelligence will play in your favor if you are strong enough! Making your money work for you is a very important aspect to financial freedom!
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#1 Invest for the Long-Term
Tony explains how easy investing can be when you have a long term mindset. The reason most traders lose to long term investors is because of taxes and short term emotions and volatility. If you can defer paying taxes (by investing in the long term) and don’t panic sell during a bear market, you will do just fine!
#2 The Power of Compound Interest
Allowing your money to compound over time is one of the greatest ways to build wealth. The more money you invest, the more money you will have the chance to compound over time. Compound Interest is the secret to the stock market! Take full advantage of it!
#3 Index Fund Investing
The safest way to invest is through Index Funds. Index Funds are already diversified for you so that you can invest in the whole market or a fund that has multiple companies in it. This allows you to not have to check your stocks ever and focus on living your life to the fullest while your money grows and grows for you!
#4 Real Wealth is More Than Money
Your overall health as a person is more important than money! Money can’t buy happiness. Money can get you freedom though! Freedom from being poor, freedom from doing things that you aren’t passionate about. Freedom to travel and the freedom to spend as much time with others. Time is the top asset in life! I value that the most in my life personally!
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