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335: The (Almost) Guaranteed Way to 31x Your Investments

335: The (Almost) Guaranteed Way to 31x Your Investments

FromBiggerPockets Money Podcast


335: The (Almost) Guaranteed Way to 31x Your Investments

FromBiggerPockets Money Podcast

ratings:
Length:
48 minutes
Released:
Sep 12, 2022
Format:
Podcast episode

Description

What do timing the market and a circle have in common? There’s no point, literally and figuratively. Some people would like to have you think they’ve cracked the code and there’s some secret formula. There’s not. They may have been able to “time the market” once or twice, but they probably can’t repeat it multiple times. Being correct for the wrong reasons isn’t repeatable, and with the market being so arbitrary, timing it correctly for the right reasons is unlikely. Despite this, there’s still a way to have enormous success while realizing great returns in the stock market, and today’s guest, Jesse Cramer, explains that.In Jesse’s article, The Near-Zero Benefit from Timing the Market, he tells the story of three investors. All three investors have different experiences “timing” the market, and while they all have different outcomes, it’s not the outcome you’d expect. While you can’t time the market, time in the market can be just as lucrative. If you let your money compound interest over time, you’d be surprised at how much more you can earn by simply leaving your money alone.In This Episode We CoverTime in the market vs. timing of the market and which one wins over decadesThe unpredictability of the market and how to combat itAdvice for new investors on how to manage emotions while investingThe benefits of reinvesting your dividends and letting your investments compoundThe importance of self-education and how to use it as insurance when investingThe history of the stock market and its overall growthAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetMile High FI Podcast1,500 Days to FreedomCoronavirus: Is It Time to Give Up on Financial Independence?The Near-Zero Benefit from Timing the MarketBestInterest BlogClick here to check the full show notes: https://www.biggerpockets.com/blog/money-335Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 12, 2022
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.