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Mastering Money

Tune into one of the best retirement shows on the radio! Mastering Money is hosted by Certified Income Specialist™ and best selling author, Steve Jurich (pronounced Jur-itch). Steve is an experienced 20 year veteran of financial services and is licensed in securities, insurance, and real estate. He is a Certified Annuity Specialist® who reviews up to 2700 annuities on a regular basis. As a fiduciary, Steve’s clients enjoy access to the services of Fidelity Institutional, member FINRA, SIPC.
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Jun 20, 2019

High-level research points to the fact that investors often think their savings grow in a linear fashion. Test after test reveals that most people think in terms of simple interest, or average annual return, rather than geometric compounded returns. They have a bias toward ignoring the effects of compounding over time. The reality is that the richest people in the world got rich, and continue to GET rich, not overnight but through compounding steady gains—year over year over year--often piling up seven times more wealth than those chasing short term gains and market timing. Wealthy people let money come to them. They don't chase after it. They position themselves well. Today we'll review a Wall Street Journal report on the published findings of why so many people will never be rich. You don't want to miss today's show, MASTERING MONEY is on the air!!!