Goldstein On Gelt

Vacation is a Value Decision

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Sinopse

When you choose to go on vacation, you're prioritizing experiences over money in the bank or investments. It's a value decision. But that doesn't mean you shouldn’t invest in experiences with your family or put all your money in the stock market! Let's talk specific goals and why you should always start with why. Join host Douglas Goldstein as he shares important financial insights he uncovered during his recent family vacation. When planning a vacation, we often make value decisions, prioritizing experiences over keeping all our money in the stock market. Douglas encourages listeners to have specific goals and understand why they are investing. It's not just about the numbers but about creating a life you envision and leaving a meaningful legacy for your loved ones. Doug also breaks down the concept of total return, explaining the different ways one can make money - capital gains, dividends, and interest. He also explores two different investment approaches: the bucket strategy and the total retu