Ep. 405 | What You Can Learn About Wealth from the Stoics - Darius Foroux, Author

We can learn a lot about wealth if we just look to the Stoics. So much so that author Darius Foroux wrote a whole book on it! In his new book "The Stoic Path to Wealth: Ancient Wisdom for Enduring Prosperity," he shares how closely interconnected wealth-building and success are to Stoicism, the philosophy of focusing on the things in life you can control (such as your thoughts, emotions, and behaviours) while accepting those you cannot. Darius has been practicing this way of thinking for years and has been able to see first-hand the fruits of his labours for doing so. He's been able to take the emotion out of investing, stay disciplined when managing his finances, and not get sucked into the greed trap by remembering that money is just a tool to live the life you want, it's not the goal itself. 📖 CHAPTERS 00:00 Introduction 04:34 Discovering Stoicism and its Connection to Finance 07:16 Integrating Stoicism in Life and Finances 10:11 Investing in the Stock Market and Building Wealth 12:40 Having a Career You Love and Pursuing Writing 15:20 Greed and the Concept of 'Enough' 18:39 Trusting Yourself and Your Judgment 21:09 The Impact of John Bogle and Vanguard 23:42 Focusing on What You Can Control 26:07 Avoiding Quick Fixes and Shortcuts 30:27 Maintaining Your Own Voice and Authenticity 32:29 The Importance of Patience and Emotional Management in Investing 34:16 Avoiding Get-Rich-Quick Schemes and Focusing on Long-Term Strategies 41:56 Applying Stoicism to Financial Decision-Making 48:25 The 90-10 Rule: Balancing Index Funds and Speculative Trading 57:25 Book Recommendations for Further Reading 📌 RESOURCES Buy a copy of Darius's book "The Stoic Path to Wealth" https://amzn.to/4eACAeb Enter to win a copy of books featured on this season https://jessicamoorhouse.com/contest Show notes & transcript https://jessicamoorhouse.com/405 📚GET COPY OF MY BOOK "EVERYTHING BUT MONEY" https://jessicamoorhouse.com/book 📈 WEALTH BUILDING BLUEPRINT FOR CANADIANS COURSE Learn more about my investing course https://jessicamoorhouse.com/course 💻 BUDGET SPREADSHEETS Download one of my budget spreadsheets to get your financial life together https://jessicamoorhouse.com/shop 📹 MY CAMERA/STUDIO EQUIPMENT Camera https://tinyurl.com/4u2x8ajx Lens https://www.sigmaphoto.com/35mm-f1-4-... Mic https://amzn.to/3MWCmlN Colour background lights https://amzn.to/3MdYEiU Key light https://amzn.to/3ySPqVW Side lights https://amzn.to/4fKEsTf Backlight https://amzn.to/3XGkW1I MORE ABOUT ME 🙋‍♀️ ABOUT ME https://jessicamoorhouse.com/about 📚 BOOK https://jessicamoorhouse.com/book 🎙 PODCAST https://jessicamoorhouse.com/podcast ✉️ NEWSLETTER https://jessicamoorhouse.com/subscribe 📸 INSTAGRAM   / jessicaimoorhouse   DISCLAIMER & DISCLOSURE The content I produce is for education and entertainment purposes only. Nothing on this YouTube channel, my website or affiliated channels should be considered financial, investment or legal advice, or an endorsement for any type of service, product, or brand. Some links in this description may be affiliate links in which I may earn a commission at no extra cost to you. Please read my disclaimer to learn more: https://jessicamoorhouse.com/disclaimer/