This is the summary of an excerpt from Marie Forleo’s interview with Tony Robbins
Check out the full 38 minute interview on Marie’s channel here:
https://www.youtube.com/watch?v=Gj8rUr86ySo
In this 3 minute video, we look at 4 important points about investing Tony Robbins talks about:
[1] START right away
-Get started ASAP. The sooner you start, the more you will have. Even a small consistent investment can turn into a huge sum of money
[2] AUTOMATE your investing
-Learn how to set up systems to where the moment you earn money, a percentage of it goes to your investments before you even get a chance to spend it
[3] BE CAREFUL with Mutual Funds
-Mutual funds claim to be able to take your money and beat the market, giving you huge profits. However, only 4% of Mutual Funds do so. Anyone claiming to be able to beat the market is probably full of crap
[4] FEES COMPOUND
-Just like your investments will compound, making your investments huge over time, so will fees. Having a 1% fee versus a a 3% fee can mean 77% less money over the long term
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The only thing she says through the whole interview: “Huge”
(Starring at Tony)
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I like listening to this guy’s bullshit. Therapeutic
This feels like the start of a Brazzers video
Did he tell us to buy a Vanguard index 500 fund?
I feel as if this entire interview simply plagiarizes Jack Bogle.
That poor girl is so confused.
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He should specify if he is talking about loaded mutual funds.
He must have read some Jack Bogle books and decided to go into financial advice business after his motivational gig had run its course.
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