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Episode 2847:
Vicki Cook and Amy Blacklock emphasize the importance of self-education and continuous learning in investing. They recommend using diverse resources and tools to understand financial risk tolerance and taking informed actions to build wealth confidently.
Read along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/
Quotes to ponder:
"Educate yourself in anything of interest, and never invest your hard-earned cash in something you don’t understand."
"Your money 'story' and emotions will impact the decisions you make now and in the future."
"The important thing is you’ll be making decisions about how to invest for your future. Rather than being afraid to take action."
Episode references:
The Simple Path To Wealth by J.L. Collins: https://www.amazon.com/dp/1533667926
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Optimal Finance Daily - Financial Independence and Money Advice