Meredith Jones – Don’t Let the Monsters in Your Head Become the Monster of Your Pocket

Meredith Jones is an internationally recognized researcher-writer and speaker. She's worked in the investment industry for 20 years and is the author of Women of The Street: Why Female Money Managers Generate Higher Returns (And How You Can Too) which won an Axiom Award Gold Medal in 2016.  She was named one of Inc. magazine's “17 Inspiring Women to Watch in 2017”.  She has been a regular columnist for Institutional Investor and is a contributor to Market Watch. She focuses on alternative investor investments diversity in investing and responsible investing.  On the other hand, Meredith is a foodie and wine lover and uses charcoal and open flames when cooking.  She is also a figure skater and is inexplicably addicted to decaffeinated coffee. Get to know Meredith as she narrates not only her own story on finances and investing but listen and learn more as she shares her golden tips so you won’t make that same mistake again.  Hear this another great story in today’s episode of losing and winning it all. “My worst investing mistake was not investing.” – Meredith Jones     What do you want to hear from the My Worst Investment Ever Podcast? Tell us here! Resources:  My Worst Investment Ever Book myworstinvestmentever.com Women of The Street: Why Female Money Managers Generate Higher Returns (And How You Can Too)   Topics Covered: 01:38 – Meredith tells about her beloved Nashville – healthcare and booming financial hub in the South 03:39 – She shares her personal circumstances as a kid and why money was a big deal to her family 05:56 – How she ended up in the investment industry and the job insecurity she felt 08:17 – The financial crisis in 2008 and how it freaked her 12:21 – Lessons learned and self-realization from investing in the market 13:22 – Andrew recounts his own experience in investing in the market and the valuable lessons he learned 14:30 – How defining her acceptable personal level of cash made her a better investor 15:19 – The number one rule in investing 17:27 – Why spending should be a long-term game and how it will grow your wealth 18:02 – Rules-based investing and why it works Main Takeaways: Lesson 1: “What I want to do is make sure that I am taking an appropriate level of risk so being able to sleep and still have enough cash so that I don't freak out all the time and that's the balance that I've had to come to, but really my worst investing mistake was not investing.”– Meredith Jones Lesson 2: “I may get lucky from time to time, but I'm not going to outsmart the market.”– Meredith Jones Lesson 3: “You can't make money if you're not willing to lose a little bit of money. .”– Meredith Jones Lesson 4: “Paying too much attention can sometimes make you indulge in behaviors that are not profitable.”–...