
Why Most People Lose Money Investing
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Download a free copy of "How to Become a Financial Beast" by Eric Miller at www.financialbeastbook.com.
Are you a healthcare practice owner ready to take back CONTROL of your financial future? In this episode of the Financial Beast Podcast, Eric Miller, co-owner of Econologics Financial Advisors and Eric Gersch, Financial Advisor, dives into the SIX CORE INVESTING RULES every practice owner must know to maximize the value of their hard work, build personal wealth, and achieve true financial freedom. These timeless principles will empower you to avoid speculative traps, make smarter investment choices, and create lasting wealth.
Eric shares actionable strategies like understanding what you own, dollar cost averaging, and adopting a professional investor mindset. Learn how to protect your wealth with a defensive approach, focus on investments with reasonable returns, and develop behaviors that lead to financial success. Whether you're striving to expand your business or aiming to retire comfortably, these tips are designed to help you become a Financial Beast.
Econologics Financial Advisors specializes in guiding healthcare practice owners on their journey to wealth and financial control. Ready to start your journey? Subscribe for more expert financial training and take control of your financial destiny today! You’ve worked hard for your success—now it’s time to make your money work hard for YOU.
#how to invest #business owner #money #compoundinterest #dollar-cost averaging
CHAPTERS:
00:00 - Intro
01:56 - Importance of Investment Discussion
07:34 - Investing Principle 1: Understanding Your Assets
10:22 - Investing Principle 2: Benefits of Dollar-Cost Averaging
12:51 - Predicting Investor Behavior vs. Market Trends
16:23 - Characteristics of True Investments: Reasonable Returns
18:34 - Developing a Defensive Investor Mindset
22:40 - Becoming a Professional Investor
25:20 - How to Contact Us
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🔒 Disclaimer
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.
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