Driving Through The Smoke: Participation vs. Perfection
Retire Sooner with Wes Moss
English - August 17, 2023 16:00 - 32 minutes - ★★★★ - 126 ratingsInvesting Business News Business News business entrepreneurship health marketing finance entrepreneur leadership fitness interview lifestyle Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode of Retire Sooner, Wes conveys his dismay at the abundance of scary headlines bombarding Americans these days. With unsettling bylines flooding our news feeds, he says it’s understandable for people to consider pulling money out of the market. But is that productive? Using a lesson he learned from Tom Cruise’s 1990 racing film Days of Thunder, Wes points to the statistical advantage of staying the course even when your survival instincts tell you otherwise. Pointing to specific examples from market history, Wes demonstrates how time in the market often beats any attempt to time the market.
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In this episode of Retire Sooner, Wes conveys his dismay at the abundance of scary headlines bombarding Americans these days. With unsettling bylines flooding our news feeds, he says it’s understandable for people to consider pulling money out of the market. But is that productive? Using a lesson he learned from Tom Cruise’s 1990 racing film Days of Thunder, Wes points to the statistical advantage of staying the course even when your survival instincts tell you otherwise. Pointing to specific examples from market history, Wes demonstrates how time in the market often beats any attempt to time the market.
Learn more about your ad choices. Visit megaphone.fm/adchoices