Morgan Housel on the Psychology of Money | Afford Anything Podcast (Audio-Only)

[@BateserJoanne]

Getting a head start by beginning to invest early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.

[@AlexanderDanielley]

Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

[@VickyAlvy]

I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.

[@VickyAlvy]

With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

[@wilsonsilasmkandawire]

This is very helpful and full of insights.

[@jesbensommichael8397]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

[@georgerobinson2021]

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@jesbensommichael8397]

@@georgerobinson2021 credits to *MARTHA ALONSO HARA*, one of the best portfolio managers out there. she's well known, you should look her up

[@georgerobinson2021]

@@jesbensommichael8397 Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA

[@jesbensommichael8397]

@@georgerobinson2021 quickly do a web check where you can connect with her, and do your research with her full name mentioned

[@georgerobinson2021]

@@jesbensommichael8397 Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me

[@WorldWideRide2012]

Such a great book! Morgan is the man!

[@rg5806]

The best analysis of the book. Repeat listening suggested to have impact on investing in life.

[@Pieter2360]

Best finance book I read in many years; what an incredible gem!

[@karabomaila1770]

I was owed, well explained answers and concepts 👌

[@MarcelPhilips]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it's ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point

[@BrunoLuke]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in-depth market knowledge.

[@MarcelPhilips]

@@BrunoLuke It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro.

[@BrunoLuke]

@@MarcelPhilips The reason I decided to work closely with a brokerage adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had a brokerage adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@MarcelPhilips]

@@BrunoLuke Hi, please who is the expert assisting you and how do I reach out to them?

[@BrunoLuke]

@@MarcelPhilips My financial advisor, KRISTIN GAIL CUNNINGHAM is a highly qualified and experienced professional in the financial market. She possesses a broad understanding of portfolio diversification and is recognized as an expert in this field.

[@Kornheiser10]

Great book. I reccomend the audio book as you can listen to it numerous times in different locations. Well read by Chris Hill of The MotleyFool. Necessary for truly understanding Morgan is reading and understanding the works of Nassim Taleb and Kahneman & Tversky

[@jahziahboyd8285]

What books

[@norbusherpa2723]

Hi Paula , thanks a lot for sharing this conversation with Morgan. 🙏

[@b.c.2836]

I've had "fear of heights and "paralysis of the analysis," they are right just jump in and hold on for the long term

[@affordanything]

I'm glad you're recognizing it -- and learning!!

[@jasonschampers9701]

Great episode!

[@manishchandak5019]

Keep up the good work!!!

[@mayank6447]

One of the best KZbin channel I came across for podcasts 😍😍

[@akshatpiyush2835]

Amazing !! Keep motivating & sharing knowledge sir . Your book "Psychology of money is just marvellous in field of finance . .

[@AlbertGReene-p8w]

Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 15 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

[@carolynrose1816]

Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.

[@viewfromthehighchairr]

@@carolynrose1816 I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.

[@SkepticalMechanic-l9x]

@@viewfromthehighchairr I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

[@viewfromthehighchairr]

@@SkepticalMechanic-l9x My Financial Advisor is NICOLE DESIREE SIMON. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

[@SkepticalMechanic-l9x]

@@viewfromthehighchairr She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

[@pramodpgcil]

Superb book having awesome thoughts and well explained with examples really superb 👏

[@Ankit-rg9ww]

Subscribed your channel after listening to this podcast. Thanks for this information 🙏

[@judysamaniego1606]

I'm new to stock market /Crypto and would like to invest but I've go no idea on how to make good profits. Pls what's the best approach you'd recommend?

[@garyjesus1387]

Wow I'm just shocked some one mentioned expert Mrs Claudia Walter's name i thought I'm the only one trading with her

[@miaejaita7119]

Mrs Claudia Walter's service is really good, I invested $22,000 and made a profit of $81,000 after a week. I still wonder how she gets her analysis

[@Kateschrad]

Wow!! Impressive you trade with Mrs Claudia Walter's too! I thought people don't know her that well.... She's really awesome!

[@brianboogie9700]

How does this Bitcoin stuff work, I am interested and willing to invest heavily as I have heard too many testimonies

[@nelsonkatherine2123]

Who's this professional trader and how can I get In Touch with her? Can I start with 2000$?

[@ArunPanchal007]

Very informative podcast👍🏻

[@caesar329]

Absolutely Worth listening

[@nagrajmicro]

I need Full audiobook... Can you help...

[@agasalmans]

Same here

[@mycode007]

Great channel valuable interview

[@Robin-cc2xs]

Thank you, this was very enjoyable.

[@johnmalone3256]

Fantastic teaching, thanks! Stubbornness. Like the way investors don't want to accept cryptocurrency, to their great destruction? Very Ouch, Baby! I happen to think it's also fear because they can't adapt to a level playing field, obviously ala GameStop. Cheers

[@24Animals]

older generations cant just agree wid the new generation thats why

[@tttclubnorling9492]

See the views of this video, is the reason why there are poverty. Morgan Rocks 👍

[@cyberrome]

amazing book

[@johnsonchacko4632]

How do we quantify market sentiments?

[@kams_4760]

I Love this book.

[@traveltaughtprairana]

Is it a full book?

[@valeriek5512]

im wondering the same thing

[@VR-mq1ii]

No! Total length is 5 hours plus

[@pratiklakhotia5796]

@@VR-mq1ii Do you have the audio book of The Psychology of Money?

[@achinthya97]

@@pratiklakhotia5796 did u get the audiobook?can u share

[@prasendiprasendi3074]

Getting the goalpost to stop moving

[@davidg.prater]

The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/correction was the best thing that happened me. But all thanks to MR. Gregory Dubravko, for his amazing skills for helping me to earn 13.6 BTC through trading chart. I believe we are in the spring phase...

[@kennybrown9376]

Forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial STATUS without stress

[@jaybarton457]

He's really good, I met his through a comment and I decided to give him the benefit of doubt and I was shocked when I got the profit.

[@prasendiprasendi3074]

Menit 37 mengandaikan dengan kalori defisit plus excercise

[@gnldneolifeproduct7967]

Money is more psychological than financial....those words amazing

[@junaidulislam1212]

Thank you

[@junaidulislam1212]

Thank you, madam

[@prasendiprasendi3074]

Menit 49 belajar untuk jadi pesimis dan optimis, menabung dan investasi

[@monrouge24]

This is another great book on money but it also gives you details about the behaviors of success.

[@heatherk569]

I love your content, and your voice is so clear and pleasant. I love it.

[@prasendiprasendi3074]

Menit 58 keuntungan menyimpan cash

[@abulkalam6693]

4:00

[@nathaliasolarte7225]

When he said 02/03/2022 and the world is collapsing... thanks for the forecast ;) haha

[@harrybm3442]

My mom and I make huge profit on my investment since I started trading with Shana Heckel , her trading strategies are highly exceptional,

[@joshbruno3756]

This is not the first time I'm hearing about Mrs Shana Heckel and her exploits in the trading world but i have no idea how to reach her.

[@rufuslorenzo4092]

As a first time investor I started trading with, Mrs Shana Heckel, I personally appreciate her straight and simple approach towards educating traders. My portfolio has grown more within just weeks of trading with her.

[@rabihaze9169]

With the consistent weekly profits I'm getting investing with Mrs Shana Heckel, there's no doubt, She is the most reliable in the market, such a genius

[@harrybm3442]

@@joshbruno3756 She's on tel 'gram

[@harrybm3442]

you can communicate with her on tel'gram

[@พรสุบัน]

*I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $560,000 in 4 months from $1660k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas*

[@AndrewPatrick-q6h]

Investing in stocks is a good idea, a good trading system would puts you through many days of success

[@Pablo25427]

​@@AndrewPatrick-q6h True, the US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled mrkts, but as you mentioned there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technique to navigate better in these times, so I hired a portfoilo advisor

[@สุทธิดาใสนวนคํา]

​@@Pablo25427 That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you

[@saraRay273]

​@@JoachimWuermeling549 Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get

[@prasendiprasendi3074]

Menit 33 tentang punya investasi yang agak beresiko sebagai pencari uang dan punya investasi yang sedikit resiko sebagai jaring pengaman

[@Ann-qn6sw]

🥈🏅🥉😍🎆✨😎🎃

[@Elizabeth-mt6bb]

Why not just use CDs over bonds as an emergency fund?

[@ayazpalekar1575]

So much overlap with Nassim Taleb’s work. Surprising Morgan Housel never mentions him.

[@ocvegasproperty]

Coke doesn’t usually like to mention Pepsi either.

[@prasendiprasendi3074]

Don't take advice from people that playing a different game menit 56

[@kendalllowe7527]

Dude forecasted the recession 😂

[@lhrealestate5451]

Hack, but makes some good points.

[@bibarishs3120]

Thank You