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Episode Show Notes:

Many things in the financial world are critical to your future financial success. But not everything is all it’s cracked up to be.

For example, saving money on taxes is wonderful. You don’t want to pay Uncle Sam any more than you have to. But that shouldn’t be the primary advantage of an investment. From rates of return to emotions, we’ll explain the overrated concepts you need to know.

On this episode, we’ll share:

  • Why tax advantages are overrated and you need to consider whether spending money is even necessary. (0:46)
  • Nobody is denying the power of compound interest over time. But placing too much emphasis on rate of return can be dangerous. (3:06)
  • How emotions can negatively affect your financial future. (7:39)

Listen to more of our conversation in the podcast or reach out to us to talk about your financial situation and goals.

 

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