Investing

The 5 Phases of Your Monetary Life Cycle

Hearken to this episode:

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What you’ll hear on this episode:

Within the human life cycle, we undergo the levels of infancy, childhood, puberty, maturity, and outdated age.

For our monetary life, we additionally undergo the same cycle – levels that describe who we’re and what our priorities must be relating to our investments.

Notably, they’re:

  1. Orientation: The Keen Newbie
  2. Exploration: The Funding Apprentice
  3. Accumulation: The Wealth Builder
  4. Preservation: The Asset Protector
  5. Disposition: The Legacy Bestower

On this episode, I shared your investing targets throughout every stage if you wish to attain monetary freedom.

Excerpts and Highlights:

Investing is a ability. Thus, it is advisable hone it so as to get higher at it over time.

The place you might be proper now isn’t as necessary as working in the direction of advancing to the subsequent stage. Hold the momentum, go ahead.

Ask me a query for the podcast: Ship a voice message right here.

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