2936: What Does It Take To Be A Successful Investor by Vicki Cook & Amy Blacklock of Women Who Money

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2936: Successful investing relies on key traits like patience, confidence, and emotional control, which empower people to ride out market volatility and stick to their financial goals. Vicki Cook and Amy Blacklock outline how embracing continuous learning, understanding risk, and focusing on long-term objectives can help investors especially women close the confidence gap and harness the full potential of compounding to build wealth and security. Read along with the original article(s) here: https://womenwhomoney.com/characteristics-successful-investor/ Quotes to ponder: "Successful investors understand the risk-return relationship and build diversified portfolios aligned with their long-term financial objectives." "Staying focused on your goals, remaining calm, and ignoring the 'noise' during market turmoil are keys to being a successful investor." "Successful investors aren’t just confident; they have humility too. They expect volatility in the market but understand volatility and loss are not the same things." Episode references: The Simple Path to Wealth by JL Collins: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone. Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals. This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future. Listen now, and become an OLD friend--your optimal life awaits...