"I Got RICH When I Understood THIS..."| Tony Robbins & Lewis Howes

Investment Strategies

Tony Robbins emphasizes the importance of having a robust investment strategy to withstand market fluctuations. He shares a strategy called 'All Seasons,' which has consistently made money 85% of the time over the last 75 years, averaging a 10% return. Robbins also debunks the myth of market timing, explaining that missing the ten best trading days in 20 years can significantly reduce returns.

Corrections happen all the time, but you need a strategy that when markets go up and down, you don't go up and down.

--- Tony Robbins

He stresses the importance of staying invested to avoid missing out on significant gains 1 2.

   

Overcoming Fear

Robbins addresses the common fears and anxieties associated with financial decisions and market volatility. He aims to dispel these fears with facts and practical advice, emphasizing that there is nothing to fear when you have the right knowledge and strategy. Robbins also shares personal anecdotes to illustrate the importance of managing stress and expectations in financial matters.

I made the decision. It's the most important decision, I believe, of your life, that I'm not going to suffer anymore.

--- Tony Robbins

He encourages readers to focus on gratitude and appreciation to combat stress and maintain a positive mindset 3 4.

   

Financial Advisors

Robbins outlines the critical role of financial advisors and how to select one that aligns with your best interests. He explains that while there are 310,000 financial professionals in the U.S., only a small fraction are fiduciaries legally obligated to act in your best interest. Robbins advises asking specific questions to ensure your advisor is committed to your financial well-being.

There's 310,000 financial professionals in the United States. 310,000. They have every name, financial advisor, wealth manager, wealth manager. But 90% of them are brokers.

--- Tony Robbins

He also highlights the importance of understanding the rules of the financial game to avoid being taken advantage of 5 6.