2846: [Part 1] Why Is Taking Financial Risk Important? by Vicki Cook and Amy Blacklock of Women Who Money episode artwork

EPISODE · Aug 28, 2024 · 12 MIN

2846: [Part 1] Why Is Taking Financial Risk Important? by Vicki Cook and Amy Blacklock of Women Who Money

from Optimal Finance Daily - Financial Independence and Money Advice · host Optimal Living Daily | Diania Merriam

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2846: Vicki Cook and Amy Blacklock from WomenWhoMoney.com explain the significance of taking financial risks to build long-term wealth. They stress that relying solely on savings can lead to diminished buying power due to inflation, and outline strategies to balance risk and return to achieve financial goals, regardless of one’s current financial situation. Read along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/ Quotes to ponder: "Building your own financial house must be a priority." "Your future self will thank you when your net worth grows along with your confidence." "Putting all your (financial) eggs in one basket isn’t a wise thing to do." Episode references: Financial Industry Regulatory Authority (FINRA): https://www.finra.org Investor.gov: https://www.investor.gov Learn more about your ad choices. Visit megaphone.fm/adchoices

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2846: [Part 1] Why Is Taking Financial Risk Important? by Vicki Cook and Amy Blacklock of Women Who Money

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