2FD 020: Unshakeable Book Study Part 1

We started a book study!

Follow along with us as we read through Tony Robbin’s new book Unshakeable. Hear our thoughts about the content in chapter 1 from the self-help guru talking about financial freedom.

Tony goes over the concept of being Unshakeable and how the book is a summation of the core concepts in his larger book Money: Master the Game. CHA-CHING!

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Discussion Points

  • Unshakeable is the slimmed down version of Tony’s previous book, Money: Master The Game.
  • Tony used to be poor and is dedicating all proceeds of the book to feeding the poor.
  • Why index funds are a great investment vehicle, rarely losing money.
  • Compounding costs can eat away 70% of your lifetime returns.
  • The importance of controlling your emotions to weather storms with your investments.
  • Sticking to the plan captures lows and highs in the market.
  • If you’re not doing anything, you’ve already lost.
  • The best of the best can’t time the market.
  • The importance of having a fiduciary advisor.
  • The simple portfolio you can manage on your own.
  • This is an investing book and there are many other factors in your personal finances you need to learn.

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