Six Ways to Tell the Difference Between Real and Pretend Investors

The Magic of Incremental Change

Podcast Episode – Dr. Daniel Crosby

Bank It

Laura Vanderkam – The Boss of Time Management

Author: Buddy Reisinger

Five Steps to Taking the Long View

Finance author and TLV podcast guest Morgan Housel recently wrote a five-step guide on “How to Do Long Term.”  In Housel’s words…

Long term thinking is easier to believe in than accomplish.
Most people know it’s the right strategy in investing, careers, relationships – anything that compounds. But saying “I’m in it for the long run” is a bit like standing at the base of Mt. Everest, pointing to the top, and saying, “That’s where I’m heading.” Well, that’s nice. Now comes the test.
Long term is harder than most people imagine, which is why it’s more lucrative than many people assume. Everything worthwhile has a price, and the prices aren’t always obvious. The real price of long term – the skills required, the mentality needed – is easy to minimize, often summarized with simple phrases like “be more patient,” as if that explains why so many people can’t.
To do long-term effectively you have to come to terms with a few points.

Read his rules to live by here.

Podcast Episode – Dr. Daniel Crosby

When we know better, do we do better? Why are there so many areas in our lives where we need reminders and prodding to make things happen that we already know we should…or shouldn’t…do? In this episode, host Matt Hall is joined by bestselling author Dr. Daniel Crosby who brings to life the “knowing-doing gap,” the three Es for changing our behavior, and why constant praise is not the best way to raise successful children. Listen on Apple or click below.

We know that some of our regular readers prefer reading rather than listening (or enjoy both). We wanted to remind you that there is an accompanying written transcript of every podcast. You can get the Dr. Crosby podcast here.

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