Why Our Investment Instincts Are Wrong Mindful Investing w/ Jonathan De Yoe

2023-11-08

What’s the difference between speculating and investing in real estate? In this interview, we hear from Jonathan K. DeYoe, author of the new book Mindful Investing. Jonathan also talks about some of the typical traps that investors can fall into. Terrie’s kindred spirit and co-host on the Mindful Wealth Podcast, Jonathan shares how a daily mindfulness practice can transform your real estate game and prevent you from falling into some of the negative mental traps that plague investors. As a bonus, if you're overwhelme...

What’s the difference between speculating and investing in real estate? In this interview, we hear from Jonathan K. DeYoe, author of the new book Mindful Investing. Jonathan also talks about some of the typical traps that investors can fall into.

Terrie’s kindred spirit and co-host on the Mindful Wealth Podcast, Jonathan shares how a daily mindfulness practice can transform your real estate game and prevent you from falling into some of the negative mental traps that plague investors.

As a bonus, if you're overwhelmed by asset allocation, Jonathan has a chart that simplifies it all!

Terrie and Jonathan explore the dual nature of real estate investing as not just a business, but also a way to generate passive income. Tune in for a dose of real estate wisdom and inspiration!

What we learned from Jonathan Deyoe and Terrie Schauer in this episode:

- Embracing the Dynamic Journey of Life Changes and How They Can Lead to Profound and Meaningful Shifts in Your Existence.

- Unveiling the Fallacy of Precise Market Timing and the Myths Surrounding the Art of Predicting Market Trends.

- Exploring the Transformative Potential of Passive Investing in Wealth Building and Financial Freedom!

- Cultivating Inner Peace and Wellness Through the Art of Mindfulness Practice

- Overcoming the Fear of Missing Out: Embracing Opportunities and Finding Peace in the Present Moment

- Optimizing Wealth Growth and Risk Management Through Strategic Asset Allocation

Notable Words From The Episode:

And we're human, we make mistakes, and nothing wrong with that, but they don't learn very quickly.

- Terrie Schauer

You don't have to get lucky. You just follow the process, follow the process, take the emotion out of it, whether it's fear or fear of missing out, you got to remove that emotion doesn't help

- Jonathan Deyoe

Timestamp:

[00:00] Podcast intro

[01:17] Jonathan discussed his personal journey of losing his brother and how it led to a change in his career

[04:44] Terrie emphasizes the distinction between speculating and investing

[06:10] Jonathan differentiates between speculating and investing

[10:56] Jonathan discusses the importance of a daily mindfulness practice

[13:39] Terrie and Jonathan acknowledge the role of fear and the fear hurdle in real estate investing

[15:25] Jonathan shares their perspective on greed and fear in the context of working with wealthy individuals and real estate investing.

[18:29] Terrie and Jonathan discussed the concept of greed and its underlying motivations

[22:44] Jonathan discusses a chart in the book that simplifies asset allocation

[26:39] Terrie and Jonathan discussed the idea that real estate investing can be seen as both a business and a way to generate passive income.