21 min
The 80:20 Rule of Investing The Physician's Guide To Financial Wellness
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- Investing
Many people have heard of the Pareto principle, which states that 80% of the outcome often results from 20% of the effort. In this episode, we explain how this principle applies to investing, emphasize the importance of focusing on factors that will actually move the needle, discuss how many of the common narratives we hear about investing are misguided, and share five key principles that we believe will get you 80% of the way there when it comes to having a successful investment experience.
Resources & People Mentioned:
Download our “Toolkit for Optimizing Your Finances as an Employed Physician”
Connect With Trent and Andrew:
https://mdwmllc.com Follow on LinkedIn Follow on Facebook
Many people have heard of the Pareto principle, which states that 80% of the outcome often results from 20% of the effort. In this episode, we explain how this principle applies to investing, emphasize the importance of focusing on factors that will actually move the needle, discuss how many of the common narratives we hear about investing are misguided, and share five key principles that we believe will get you 80% of the way there when it comes to having a successful investment experience.
Resources & People Mentioned:
Download our “Toolkit for Optimizing Your Finances as an Employed Physician”
Connect With Trent and Andrew:
https://mdwmllc.com Follow on LinkedIn Follow on Facebook
21 min