Optimal Finance Daily - Archive 1 - Episodes 1-300 Only

An excerpt from the book Transparent Investing: How to Play the Stock Market Without Getting Played by Patrick Geddes Episode 1893: An Excerpt From Transparent Investing: How to Play the Stock Market Without Getting Played by Patrick Geddes The investment industry wants you to believe in stock market wizards who can predict the future and make a killing for you. But there’s a simpler way to invest using indexing that offers better returns and less stress—no crystal ball needed. We all know from experience that rational thoughts often lose out to primal cravings: if someone handed you a plate of chocolate cake and a plate of broccoli right now, which would you instinctively reach for? When investing, you face this same tension between the part of your brain that longs for the sweet, satisfying allure of beating the market versus the rational and wise part that chooses the boring solution offering better results. You also face an uphill battle against an industry that makes more money selling you the finance eq