ChooseFI Logo

Fundamental Truths of Investing | Brian Feroldi | Ep 445

Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

In this episode: investing, losing money hurts, pessimism, optimism, index funds, psychology, history, and building wealth.

Whether you’re a confident investor or weary of playing the market, there is still a lot to be learned when it comes to your investments. This week we are re-joined by friend of the podcast Brian Feroldi to discuss important truths and takeaways he’s learned as a decades-long investor, from navigating the psychology and history of the market to focusing on longevity and simplicity rather than getting rich quick. When listening to this episode, remember that playing the market doesn’t have to be a complicated game, and no one should feel un-equipped to invest! Just be sure to understand that investing will never be a perfect journey, and preparing yourself for low points may help you make better decisions in the long run!

Brian Feroldi:

Timestamps:

  • 0:41 – Introduction
  • 4:27 – You Will Be Wrong
  • 9:45 – Losing Money HURTS
  • 12:54 – Humans Are Naturally Bad Investors
  • 16:09 – Pessimism And Optimism
  • 20:22 – The Power Of Index Funds
  • 22:31 – The Power Of History And Psychology
  • 24:45 – Avoiding Ruin Is A Skill
  • 28:56 – Keeping It Simple
  • 35:24 – To Build Wealth, You Need To Invest
  • 37:50 – Conclusion

Resources Mentioned In Today’s Episode:

Subscribe To The FI Weekly

Action, accountability, inspiration, and community. Join the movement. Get started on your Path to FI

Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.
More To Explore
You Might Be Interested in...
Other episodes
Share This Post
Something New at ChooseFI

Dexa.ai harnessed the power of AI to provide in-depth transcripts for all ChooseFI podcast episodes. Each section of the transcript is clickable so you can listen to the podcast at exactly the point you’re looking for