2846: [Part 1] Why Is Taking Financial Risk Important? by Vicki Cook and Amy Blacklock of Women Who Money

Published: Aug. 28, 2024, 7 a.m.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2846:\nVicki Cook and Amy Blacklock from WomenWhoMoney.com explain the significance of taking financial risks to build long-term wealth. They stress that relying solely on savings can lead to diminished buying power due to inflation, and outline strategies to balance risk and return to achieve financial goals, regardless of one\u2019s current financial situation.\nRead along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/\nQuotes to ponder:\n"Building your own financial house must be a priority."\n"Your future self will thank you when your net worth grows along with your confidence."\n"Putting all your (financial) eggs in one basket isn\u2019t a wise thing to do."\nEpisode references:\nFinancial Industry Regulatory Authority (FINRA): https://www.finra.org\nInvestor.gov: https://www.investor.gov\nLearn more about your ad choices. Visit megaphone.fm/adchoices