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Penny · Money & Wealth Mindset

Unshakeable

by Tony Robbins

Three key ideas

  1. Start with a goal, a time horizon, and an understanding of how much loss you could absorb.
  2. Feeling calm about risk is not the same as being able to afford a loss.
  3. Product fees, account charges, and advice costs can all affect the result.

The five 2-minute lessons

  1. 1.Goals first, downside second
  2. 2.Look past the headline fee
  3. 3.Spread exposure, not labels
  4. 4.Pause before the panic button
  5. 5.Money that serves your life

From the comic

Three boxes. Magnificent variety. Nothing could possibly overlap.

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