The Tortoise and the Hare | Wisdom, Wealth, and Wellness

Jonathan Satovsky
CFP®, ChFC®, CIMA®, CPWA®, CDFA®, DACFP

Good morning, good afternoon, good evening, this is Jonathan Satovsky of Satovsky Asset Management. And on today’s episode of Seeking Wisdom, Wealth and Wellness, quick hitter on the idea of the tortoise and the hare. Who wins the race, the tortoise or the hare?

Of course, everyone wants fast money, a quick buck. How do I get rich quickly? Buy lottery tickets, buy cryptocurrencies, whatever it is to be able to transform your life in a get-go.

The big money is not in the buying and the selling, it’s in the waiting. So if you own profitable businesses patiently, over a long period of time, you can do extraordinarily well and have a lifetime of tremendous abundance. But it requires tremendous patience.

Because there’s always going to be fast money, there’s always going to be a faster car, there’s always going to be something that’s going to seem sexier, more appealing.

But if you stick on the path, you too may find some prosperity in your seeking of Wisdom, Wealth, and Wellness.

Have a great day.

Get the Latest Wealth Insights, Delivered.

SHARE
Disclosures

This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.

Further Reading

Investing Is Simple but Not Easy

Investing Is Simple but Not Easy1 The market continued its fantastic run in the third quarter of 2024. The S&P rose another 5.9% in the third quarter, bringing year-to-date gains...

Stick to the Plan | Wisdom, Wealth, and Wellness

Consistency and discipline are key to long-term wealth management. Read on to see how a steady strategy leads to lasting success. I was sitting with a client that I started...

The Centurion Rule | Wisdom, Wealth, and Wellness

Join Jonathan Satovsky as he reflects on how the principles we follow in financial advisement can lead to more meaningful outcomes. His concept of “The Centurion Rule” emphasizes that true...

Talk to an Advisor today

232 Madison Avenue, Suite 400 New York, NY 10016
(212) 584-1900
© 2024 SATOVSKY ASSET MANAGEMENT | PRIVACY POLICY | FORM CRSTERMS OF USE/DISCLAIMERS NOT FDIC INSURED. NOT BANK GUARANTEED | MAY LOSE VALUE, INCLUDING LOSS OF PRINCIPAL | NOT INSURED BY ANY STATE OR FEDERAL AGENCY

Website Developed by Finovo

Get Wealth insights Delivered To Your Inbox

Don’t miss a beat – Sign up to have the latest investor insights, mindfulness tips and market news from our blog delivered right to you.