485- FROM THE VAULT: Managing Stress in Turbulent Times

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 12 October 2024

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As we rapidly approach November, one topic seems to suck up all of the oxygen in terms of current events—and it’s not Thanksgiving. No one knows what will happen after the election, but given the razor-thin margins and the heated political climate in America, turbulence is likely. To succeed in investing long-term, focus on buying solid companies that meet Rule #1 criteria and are “on sale.” Many people struggle with this due to stress, market fluctuations, or other distractions. Managing your emotions is key to making rational investment decisions, which depends on how well you take care of yourself. Stress and fear lead to poor choices, so practice staying mindful, whether through meditation, exercise, or reading, to keep a clear head and avoid emotional decisions. On this Vault episode pulled from the last presidential election cycle in the US, Phil and Danielle discuss the negative effects of stress on one’s investing practice and how mitigating that stress can improve your well-being in addition to your portfolio. For more help with avoiding costly investing mistakes, click here to get a free copy of 10 Do’s and Don’ts of Successful Investing: https://bit.ly/3XyEDbD Topics Discussed: COVID-19 Li Liu Self-improvement and self-discovery Ralph Lauren Tesla Circle of competence Dealing with stress Transcendental meditation Resources Discussed: The Seven Storey Mountain For Love of the Game Turtles All the Way Down Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause care.
0:06.4	Through Barclay's Eagle Labs, they gained specialist industry and business expertise,
0:11.0	with support and training for the whole team.
0:13.0	But the story doesn't end here.
0:16.0	Because Health and Her are only just getting started,
0:19.0	selling at major UK retailers,
0:22.0	and making a real difference to thousands of lives.
0:25.0	Grow your business. Bank on Barclays.
0:28.0	Search Barclays Business Banking. Hey everybody this is Phil Town and this is Daniel Town and we're back with the
0:39.3	Invested Podcast gooping up last week and we didn't get it done. Yeah. Yeah. I have I have still not been feeling well in case anybody couldn't tell from the last one where I was like a complete ghost slash drunk person slash hit in the head like
0:59.9	I don't know
1:02.1	To recap you have had COVID now for...
1:05.0	Oh yeah, I wasn't actually drunk.
1:08.0	No, I'm COVID free now, which is great, but I've been feeling not good and at times very, very not good for like nine weeks at this point.
1:22.0	I've kind of lost track, but I think it's somewhere around that. So yeah, we don't have to talk about that too much because I've talked about it before and I'm feeling more energy this week. I'm now measuring my time in weeks rather than days, you know, it's not like I'm going
1:37.0	to be feeling better tomorrow, but I have been feeling a little better each week.
1:41.4	And I think the challenge here for me it's kind of a strange experience
1:48.2	because I really feel like my investing practice helps me with this sort of thing
1:51.7	in terms of looking at something long-term
1:54.8	thinking about it like instead of like there being a goal it being just about the
1:59.6	experience and trying to make myself feel a little better all the time without pushing it out too much and it's going to be I think a long recovery like months kind of long recovery.
2:11.0	If you're an athlete in your life, I mean like a serious athlete, maybe a
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Phil Town & Danielle Town, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Phil Town & Danielle Town and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.