Ever wonder why it’s fairly easy to plan something and much more difficult to stick with it? Inspired by a brief post on Seth Godin’s blog, about “Lines and curves,” Paul discusses this phenomena that sidetracks many sincere investors. (See Godin’s post below). He makes the case that the work he and his team do is like a ruler's "straight line," while the “curves” are what you have to deal with in real life as a ‘stay-the-course’ investor.
Lines and curves
Working with a ruler is pretty straightforward. Just about anyone can extend a line, or fix something straight if it breaks. It’s on the line or it’s not.
But curves? Curves are complex and hard to get right.
It turns out that humans bring curves with them, wherever we go.
This podcast is part of the educational offerings from The Merriman Financial Education Foundation, a registered 501(c)3. If you found value in this podcast, here are five ways to support the podcast and our foundation:
1) Leave a podcast review on your player of choice.
2) Sign up for our biweekly newsletter at PaulMerriman.com and receive a free pdf copy of We’re Talking Millions! 12 Ways to Supercharge Your Retirement.
3) Use our M1 Finance affiliate link to set up a brokerage account and use our portfolio suggestions. If you fund your account with a minimum of $1,000, our foundation will receive a one-time affiliate fee — at no cost to you — which helps support our financial education projects.
4) Buy our latest book, We’re Talking Millions! 12 Simple Ways To Supercharge Your Retirement available at Amazon and other online outlets.
5) Consider making a tax-deductible donation to the Foundation to support our mission to provide financial education to investors at all stages of life. Thank you!
Create your
podcast in
minutes
It is Free