Long-Term Investing: Financial Planning for Wealth Building
Vexryn Solth
This audiobook is narrated by a digital voice.
The book provides a comprehensive guide on how to create a sustainable financial plan that will grow wealth over time. Readers will learn how to set achievable investment goals, create a diversified portfolio, and mitigate risks when investing in different asset classes. The importance of long-term thinking and patience in the world of investments is emphasized throughout the book, as well as the benefits of compounding interest and dollar-cost averaging. Furthermore, Long-Term Investingdelves into the psychological aspects of investing, discussing common pitfalls to avoid, such as emotional biases and market timing. The book also covers the impact of economic and market conditions on long-term investments, providing insights on how to navigate through different market cycles successfully. Additionally, practical tips on how to monitor and adjust investment plans as needed are included, ensuring that readers can stay on track towards their financial goals. By following the principles outlined in the book, readers will be better equipped to achieve long-term financial success and build a solid foundation for wealth accumulation.
Duration - 49m.
Author - Vexryn Solth.
Narrator - Digital Voice Matt G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 John Platusic ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. The book provides a comprehensive guide on how to create a sustainable financial plan that will grow wealth over time. Readers will learn how to set achievable investment goals, create a diversified portfolio, and mitigate risks when investing in different asset classes. The importance of long-term thinking and patience in the world of investments is emphasized throughout the book, as well as the benefits of compounding interest and dollar-cost averaging. Furthermore, Long-Term Investingdelves into the psychological aspects of investing, discussing common pitfalls to avoid, such as emotional biases and market timing. The book also covers the impact of economic and market conditions on long-term investments, providing insights on how to navigate through different market cycles successfully. Additionally, practical tips on how to monitor and adjust investment plans as needed are included, ensuring that readers can stay on track towards their financial goals. By following the principles outlined in the book, readers will be better equipped to achieve long-term financial success and build a solid foundation for wealth accumulation. Duration - 49m. Author - Vexryn Solth. Narrator - Digital Voice Matt G. Published Date - Monday, 20 January 2025. Copyright - © 2025 John Platusic ©.
Language:
English
Chapter 1: Introduction 4
Duration:00:00:01
- Introduce the concept of long-term investments and the importance of budgeting for them. 5
Duration:00:02:42
Chapter 2: Understanding Long-Term Investments 7
Duration:00:00:02
- Explain the different types of long-term investments, including stocks, bonds, and real estate, and the potential benefits of each. 8
Duration:00:03:06
Chapter 3: Setting Financial Goals 11
Duration:00:00:02
- Discuss the importance of setting clear financial goals when budgeting for long-term investments and how these goals can help guide investment decisions. 12
Duration:00:03:41
Chapter 4: Creating a Budget 15
Duration:00:00:02
- Provide practical tips and strategies for creating a budget specifically for long-term investments, including ways to track expenses and prioritize savings. 16
Duration:00:03:05
Chapter 5: Building an Investment Portfolio 19
Duration:00:00:02
- Explain how to build a diversified investment portfolio that aligns with long-term financial goals and risk tolerance. 20
Duration:00:04:21
Chapter 6: Evaluating Investment Options 23
Duration:00:00:02
- Review various investment options, including mutual funds, exchange-traded funds (ETFs), and real estate investment trusts (REITs), and how to assess their potential returns and risks. 25
Duration:00:03:19
Chapter 7: Managing Risk 28
Duration:00:00:01
- Discuss strategies for managing risk in long-term investments, such as diversification, asset allocation, and periodic portfolio review. 29
Duration:00:02:51
Chapter 8: Performance Monitoring 31
Duration:00:00:02
- Explain the importance of monitoring the performance of long-term investments and how to assess whether adjustments are needed. 32
Duration:00:04:11
Chapter 9: Adjusting the Budget 35
Duration:00:00:02
- Provide guidance on how to adjust a budget for long-term investments as financial goals change or unforeseen circumstances arise. 36
Duration:00:03:22
Chapter 10: Tax Considerations 39
Duration:00:00:02
- Explore the tax implications of long-term investments and strategies for minimizing tax liabilities. 40
Duration:00:03:44
Chapter 11: Seeking Professional Advice 43
Duration:00:00:02
- Discuss the benefits of working with a financial advisor or planner when budgeting for long-term investments and how to find a reputable professional. 44
Duration:00:03:36
Chapter 12: Maintaining Discipline 47
Duration:00:00:02
- Emphasize the importance of maintaining discipline and sticking to a long-term investment strategy, even during market fluctuations. 48
Duration:00:02:37
Chapter 13: Overcoming Challenges 50
Duration:00:00:02
- Address common challenges that individuals face when budgeting for long-term investments, such as fluctuating income or unexpected expenses. 51
Duration:00:03:17
Chapter 14: Success Stories 54
Duration:00:00:01
- Share inspirational stories of individuals who have successfully budgeted for long-term investments and achieved their financial goals. 55
Duration:00:02:44
Chapter 15: Conclusion 57
Duration:00:00:03
and offer final thoughts on budgeting for long-term investments. 58
Duration:00:02:25