Q: Is there such a thing as "winning" when it comes to investing? (1:58)
Q: What should we be thinking about when it comes to investing for retirement right now? (3:20)
Q: Can you talk about what people mean when we hear that you should be diversified? (6:30)
Q: Is there ever a time when diversification is not a smart thing to do? 
Q: how do you determine then what's the right investment for you? (10:26)
Q:  Is there a right time for investing for retirement? (12:00)
Q: I wanna make money, but Leibel, I don't wanna lose it all too. Do I have any options? (16:18)
Q: What mistakes do you see most often when people are investing for retirement? (20:48)
Q: So to avoid those types of mistakes, what kind of mindset do you need to have in addition to that plan, to make it easier for you to be really successful in investing and especially for retirement? (23:08)
Q: At what point should we start, uh, looking at the road signs or reviewing our investment, so to speak? (25:52)
Q: My last question, how do you feel about having to rely on investments solely for retirement income and that's all you have? (27:41)
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Q: Is there such a thing as "winning" when it comes to investing? (1:58)
A: I think when it comes to retirement, we need to not think about winning. What we should be thinking about is; achieving our goals!, I think that when we focus on winning or losing, it can be easy to get caught. In the hype of the market and we can get caught up in all the noise that's out there that's just screaming for our attention. When what we need to really focus on is what is going to help us achieve our goals, or is it going to hurt us or impede us from achieving our goals.As long as we are moving in the right direction, as long as we've got a plan, then who cares what's happening in the market, right?  Who cares whether somebody is winning or losing, what matters is, you know, what we're looking to accomplish and whether we will have a roof over our head, food on the table, or being able to splurge on the grandkids.
Q: What should we be thinking about when it comes to investing for retirement right now? (3:20)
A: Just to recap, and I'm gonna keep repeating this over and over again. There are really, there are two things that we can control when it comes to investments, and those two things will affect everything.And, and it really is this simple, anyone who tries to make it more complicated. That is the biggest red flag to you, telling you that they don't understand how the markets work, that they don't understand what they're doing and that they're buying into the hype in one form or another.
And there's hype on both sides.There are some people who are very against investing in the markets, and there are people who are all for it. And you really shouldn't be on either side of those. But we should be on the side of the two factors that we can control; how much risk we have of losing our money or of our money going to zero. So we can control that.And then we can control how much time we are giving up access to our money? Right.
And the more that we give up access to our money, that's also referred to as time horizon. So the longer we can wait for the return on our investment, the greater our chances of return, and the more risk we take on the greater our chances of return.And those are the only two factors, right?
So if somebody shows you something and they say, and it looks like it has really great returns on really low risk. Then either you're giving up time, or it's pretend. And that's just how it is.
So when we talk about factors. It's how much risk, how much am I risking giving going to zero and how much time am I giving up?And then there's another factor that we need to look at. And this is a non-financial non-numerical number, and that's our personal peace of mind, right?
Because you could have an investment that does everything that you wanted to do, but if it's, you know, going all over the place and it, it looks like, you know, a heart t