SOUND INVESTING PODCAST
7/19/2022
https://anchor.fm/s/10bb8090/podcast/play/55057599/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2022-6-19%2F8b8219ef-250e-5398-1beb-29be9e8998b8.mp3
Paul Merriman
Show Notes
About This Episode
- Figure out a way to identify what equity asset classes you should have and figure out how to put them together.
- Everyone needs a glide path, and in theory, it starts when a child is born. Parents and grandparents must immediately take steps to put their children on a glide path – all equities while they’re young and more fixed income as they get older.
- Don’t panic. If you want to be a successful long-term investor, you have to stay the course. Don’t market time; you might be able to avoid losses short-term, but you will pay the price in the long term.
- Investing is simple, but it takes faith in the system. It is easy to set it and forget it if you can keep your hands off the trigger. Winning in investing means thinking defensively, not aggressively.
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