The following is an Operation Podcast production.

The ideal that the United States is a land of opportunity that allows the possibility of upward mobility, freedom, and equality for people of all classes who work hard and have the will to succeed.

Is that definition true?

I believe it is. I believe fewer people believe in it than they

used to. In investing, you want to stay disciplined, you want to diversify, you want to own

equities. But it's a matter of discipline. So it's not knowing the rules, it's actually doing what

the rules say. Trying to beat the market is one of the most destructive things you can do as an

investor.

And people always focus on what high returns they think they can make. They almost never

calculate what risk or volatility they're actually taking on. So the basis of the American dream is

capitalism. I'm sure a lot of people just heard that and they're like, ah, oh, why do you go there

with capitalism? Yeah, exactly. That's kind of rufflesome feathers.

I'm sure it does, but it's a truth. Well, these are great questions.

Hello, my name's Mark Madsen. I am the CEO of Mattson Money and the author of experiencing the American dream. Welcome to Ever Forward Radio.

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