344 | Risk Avoidance and Deworsification

<p>In this week's episode, Brad and Jonathan discuss how risk avoidance can weigh down your returns in the form of opportunity costs. While your savings may be safe, you could be missing out on opportunities for your money to work on your behalf! Join the guys as they discuss the rule of 72, inflation, and diversifying as opposed to "deworsifying!"</p> <p><!-- wp:heading {"level":3} --></p> <h3 id="h-resources-mentioned-in-today-s-conversation"> <strong>Resources Mentioned In Today's Conversation</strong></h3> <p><!-- /wp:heading --> <!-- wp:list --></p> <ul> <li><a href= "https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856" target="_blank" rel="noreferrer noopener">"Richer, Wiser, Happier" By William Green</a></li> <li><a href= "https://www.amazon.com/Psychology-Money-Timeless-Lessons-Happiness/dp/B08D9WJ9G8/ref=sr_1_1?crid=AXSWHYU7W2UJ&dchild=1&keywords=psychology+of+money&qid=1632686684&s=books&sprefix=psychology+o%2Cstripbooks%2C175&sr=1-1" target="_blank" rel="noreferrer noopener">"The Psychology of Money" By Morgan Housel</a></li> <li><a href= "https://www.choosefi.com/are-you-as-diversified-as-you-think-you-are-with-frank-vasquez-ep-313/" target="_blank" rel="noreferrer noopener">Are You as Diversified as You Think You Are? With Frank Vasquez | ChooseFI Episode 313</a></li> <li><a href="https://jlcollinsnh.com/" target="_blank" rel= "noreferrer noopener">JL Collins' Website</a></li> <li><a href="https://www.choosefi.com/read/newsletter/" target= "_blank" rel="noreferrer noopener">Sign Up For ChooseFI's Weekly Newsletter!</a></li> </ul> <p><!-- /wp:list --></p> <p>Want to start your own journey to Financial Independence? Sign up for the <a href= "https://x.choosefi.com/free-financial-independence-challenge">free 5-Day FI Challenge</a> here!</p>