Avoiding Short-Term Distractions When You Have Long-Term Goals

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Beyond Finances

Business


34: We share a few ideas for better dealing with the coronavirus scare and the current market volatility before diving into this episode that is all about handling these exact kinds of issues that can cause you to lose sight of the forest for the trees. Most people make short-term and limited decisions without considering how these choices impact things to the right, when only looking left. In this rebroadcast, we revisit how to solve that problem. Financial success is a long-term game, and to win, you need to learn how to maintain your view of the forest that is your entire time horizon of many decades — rather than just pressing your nose up against the tree of today and failing to see anything else but what’s right in front of you.