• Next to Godliness

  • Aug 2 2024
  • Length: 29 mins
  • Podcast

Next to Godliness

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  • Summary

  • This week's blogpost - https://bahnsen.co/46y1Y1F

    Cleanliness in Finances: The Secret to a Tidy Portfolio

    In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Sean Latimer discuss the importance of cleanliness and organization, both in day-to-day life and financial portfolios. They share personal stories and insights on chores and parenting, discussing how these lessons apply to maintaining a clean and efficient investment strategy. The episode emphasizes avoiding 'trinkets' in portfolios, the false sense of diversification, and ensuring every investment has a purpose. Tune in for a blend of personal anecdotes and professional financial advice.

    00:00 Welcome to the Thoughts on Money Podcast

    00:51 Parenting Challenges and Funny Stories

    09:22 The Concept of Cleanliness and Its Importance

    12:22 Financial Cleanliness: Simplifying Your Portfolio

    17:43 False Diversification and Common Portfolio Mistakes

    21:09 The Importance of a Common Thread in Investing

    26:10 Conclusion and Final Thoughts

    Links mentioned in this episode:

    • http://thoughtsonmoney.com
    • http://thebahnsengroup.com
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Economics Personal Finance
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