131: Modular Financial Planning 09: Simple, Basic, Mindful Investing
Manage episode 447613009 series 3313517
In this episode of Mindful Money, we break down the essentials of mindful investing within the larger modular financial planning framework. We’ll focus on three foundational practices: asset allocation, diversification, and rebalancing. These simple yet powerful steps can guide you to a successful long-term portfolio without succumbing to market predictions or emotional reactions. We’ll also discuss mindfulness exercises, like box breathing and body scans, to help manage the impulses of fear and envy in investing. By staying present and committed to these principles, you can navigate the market’s ups and downs with confidence and peace of mind.
In this episode:
- (00:00) - Intro
- (01:27) - The importance of managing investments and people
- (06:21) - Core practices of mindful investing
- (07:34) - Asset allocation explained
- (10:55) - Diversification and its benefits
- (12:40) - Rebalancing your portfolio
- (18:49) - Mindfulness practices for better investing
- (23:17) - The benefits of mindfulness on your investments
Get full show notes and links at https://mindful.money.
Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
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