SUMMARY
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In this episode, I take you through the ins and outs of equity investment, peeling back the layers of complexity to reveal a clear, tax-efficient strategy that can grow your wealth with ease.

We talk about the power of global all cap portfolios and how they might just be the one-fund solution you've been looking for. Together, we'll explore why market timing and security selection might not be the keys to investment success that they're often made out to be.

I'll share with you my personal journey towards embracing a portfolio that's not only simple to manage but also aligns with my belief in responsible investment. I'm also excited to dive into the heart of our ongoing series 'Versus the Gathering Darkness' in Part Eight, where we tackle the psychological hurdles to investing and celebrate the forward- thinkers who ensure our money is never idle.

This episode isn't just about understanding the 'what' and 'how' of investing in great companies globally—it's also about the 'why'. It's about adopting an investment mindset that moves beyond the individual to consider our collective impact on society and the environment.

So join me, and let's journey together towards a future where our financial decisions help build a more prosperous and ethical world.

TAKEAWAYS
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00:00 Mindful Money Management for More Life
09:12 Low-Cost All Cap Index Investing

QUOTES
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"If you understand that market timing and security selection cannot add value over time and are more likely to reduce performance, then one global all-cap portfolio could, and perhaps should, make up your entire equity portfolio."

"Performance favors indexing. At the same time, quality of life—lower stress, fewer decisions, less regret—also favors indexing."
"There are no facts about the future. We do not know what is coming next, and even if we did, we could not predict how markets would react."

ABOUT MINDFUL MONEY
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Do you struggle with money? You’re not alone.
Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration it becomes destructive.
The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.
Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.
If you aren’t happy with your finances, feel like money takes more time that it should, or want to place your financial decisions into the broader context of your life, this show is for you.
Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy, but do NOT improve outcomes.

MINDFUL MONEY RESOURCES
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SPIVA Scorecard - https://www.spglobal.com/spdji/en/research-insights/spiva/
Domestic Indices:
S&P 1500 - https://www.spglobal.com/spdji/en/indices/equity/sp-composite-1500/#overview
S&P 500 - https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview
S&P 400 - https://www.spglobal.com/spdji/en/indices/equity/sp-400/#overview
S&P 600 - https://www.spglobal.com/spdji/en/indices/equity/sp-600/#overview
Russell 3000 - https://www.investopedia.com/terms/r/russell_3000.asp
Russell 1000 - https://www.investopedia.com/terms/r/russell_1000index.asp
Russell 2000 - https://www.investopedia.com/terms/r/russell2000.asp
Wilshire 5000 - https://www.investopedia.com/terms/w/wilshire5000equityindex.asp
Global Index Providers:
S&P Global - https://www.spglobal.com/en/
FTSE - https://www.lseg.com/en/ftse-russell
MSCI - https://www.msci.com/
Website - https://mindful.money/
Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe
Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed
Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan
Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan
Mindful Money on YouTube - https://www.youtube.com/c/MindfulMoney

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Podcast Production by FullCast: https://fullcast.co/sn