What’s best for you long-term doesn’t always feel good in the present, but those who put in the time and hard work will thank themselves in the future. Today Kate Stalter shares why you should look at the long-term horizon and how to build the endurance necessary to deal with the inevitable ups and downs in the market. Tune into this episode of Better Money Decisions with Kate Stalter to learn more on why you should invest in yourself, your family, and your future.
Show Highlights:
- The issue with saving vs. investing
- The power of compounding
- The role risk and returns play in investing
- Looking at the long-term horizon
- Factors that determine risk tolerance
- Dealing with inevitable downturns in the market
- Why it’s never too late to invest
- Taking steps to achieve the future you want
- Enduring pain now to experience joy later
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