Listen "Episode #54: Why Most People Should Just Dollar-Cost Average into A Solid Index Fund To Build Their Wealth"
Episode Synopsis
Discover a game-changing investment strategy in Episode 54 of The Reaching Max Potential Podcast! In this episode we reveal why most people should consider dollar-cost averaging into a solid index fund to build wealth. Learn how this simple yet powerful approach leverages market volatility, promotes disciplined investing, and provides automatic diversification. Backed by scientific research and practical tips, this episode is packed with insights to help you achieve financial stability and unlock your full potential in all areas of life. Don’t miss out on mastering your financial future!REFERENCESBarber, B. M., & Odean, T. (2000). Trading is hazardous to your wealth: The common stock investment performance of individual investors. Journal of Finance, 55(2), 773-806.Bogle, J. C. (2016). The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns. John Wiley & Sons.Fama, E. F., & French, K. R. (1992). The cross-section of expected stock returns. Journal of Finance, 47(2), 427-465.Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47(2), 263-291.Latta, G. W. (1996). Money: How to Make It, Spend It, and Keep Lots of It. Master Media.Malkiel, B. G. (2003). The Efficient Market Hypothesis and Its Critics. Journal of Economic Perspectives, 17(1), 59-82.Malkiel, B. G. (2019). A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing. W.W. Norton & Company.Markowitz, H. (1952). Portfolio Selection. Journal of Finance, 7(1), 77-91.Schroeder, M. (2009). The Snowball: Warren Buffett and the Business of Life. Bantam.Siegel, J. J. (1998). Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-term Investment Strategies. McGraw-Hill.Thaler, R. H., & Benartzi, S. (2004). Save More Tomorrow: Using Behavioral Economics to Increase Employee Saving. Journal of Political Economy, 112(1), S164-S187. Hosted on Acast. See acast.com/privacy for more information.
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