On This Episode
We made a list of some financial proverbs that we thought might be able to help you in your financial situation. Find out what you can glean from these wise words.
Today, we’re sharing some financial proverbs that you’ve probably heard before. We’ll explain how they can help your financial situation.
A bird in the hand is worth two in the bush
We’ve had a lot going on this year – stock market drops, inflation, war, politics, etc. It’s important to focus on the positives rather than the negatives.
When dealing with markets, not every day is a positive one, but you will make money over the long term. You need to adjust your portfolio.
A rising tide lifts all boats
If the market is going up and you’re invested, you’re going to make money. The same applies if the market is going down.
Don’t put all your eggs in one basket
We’re big believers in a globally diversified portfolio. It’s important that you diversify your money into different asset classes, countries and lots of different ways.
Listen to the full episode or use the timestamps to jump to a specific section. Thanks for listening! We’ll be back for another show every other Thursday.
It’s important that you diversify your money into different asset classes, countries and lots of different ways. - Mark Silverman, CFP®
2:39 – Bird in the hand
4:02 – Rising tide
4:38 – Eggs in one basket
5:43 – One man’s trash
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