Welcome back to the Mind over Money podcast with Jessen James. In this second episode of our three-part series, we dive deep into investment strategies that can propel you towards financial success. From understanding short, medium, and long-term investment goals to exploring various asset classes like stocks, businesses, commodities, intellectual property, and even classic cars, Jessen James provide valuable insights and practical advice for maximizing returns while mitigating risks. Learn about the importance of due diligence, the power of contracts in securing investments, and the significance of risk-to-reward ratios in building wealth. Tune in to gain a deeper understanding of investment psychology and take actionable steps towards creating the life you deserve. Don't forget to subscribe and follow us on all channels for more empowering content. Leave a review and visit our website for additional resources to fuel your journey to financial abundance.

Key Takeaways:

Understanding Investment Goals:

Differentiating between short, medium, and long-term investment goals is crucial. Aligning your investment strategy with your specific goals helps in making informed decisions.

Diversification:

While focusing on long-term investment strategies is essential, diversifying your investment portfolio can spread risk and optimize returns. Consider investing in various asset classes like stocks, businesses, commodities, and intellectual property.

Risk Management:

Conduct thorough due diligence before making any investment. Assess the credibility of individuals or companies you're investing with and ensure agreements are backed by legally binding contracts. Additionally, seek security where possible to safeguard your investments.

Realistic Expectations:

Recognize the importance of realistic risk-to-reward ratios. Investing entails putting in the necessary effort and capital, and expecting overnight millionaire success with minimal investment is unrealistic. Understand your money psychology and attitude towards risk to set achievable goals.

Best Moments:

Exploring Asset Classes:

Delve into various asset classes, from traditional stocks and businesses to unconventional investments like commodities and intellectual property. This comprehensive overview provides listeners with a broad understanding of investment opportunities.

Emphasis on Due Diligence:

Highlighting the significance of due diligence, Jess and James stress the importance of researching and vetting investment opportunities and the individuals or companies involved. This moment serves as a reminder to investors to prioritize thorough investigation before committing funds.

Securing Investments:

Discussing the importance of contracts and security in investments, Jess and James provide practical advice on protecting one's financial interests. This moment offers valuable insights into mitigating risks and ensuring investments are backed by legal agreements.

Addressing Realistic Expectations:

Jessen James discuss the need for realistic expectations in investing, emphasizing the correlation between risk and reward. By encouraging listeners to understand their money psychology and adopt a pragmatic approach to investing, this moment empowers individuals to set achievable goals and manage expectations effectively.

ABOUT THE HOST

Jessen James

Jessen has spoken to and trained thousands of entrepreneurs all over the world, and has featured on Channel 5's Rich House Poor House.

Having built, bought and sold multiple businesses himself, Jessen has had some amazing wins and some rather spectacular fails too! He now dedicates his time to serving others to better their lives and businesses by sharing his learnings. Get in touch today.

CONTACT DETAILS

Website - https://www.jessenjames.com/ LinkedIn- https://uk.linkedin.com/in/jessen-james-%F0%9F%91%88%F0%9F%8F%BD-31380968 Twitter - https://twitter.com/jessenjames7 EMAIL success@jessenjames.com