Wanna Invest Like a Millionaire? Strategies Revealed (with Naftali Horowitz) | KOSHER MONEY Ep 23

Rabbi Naftali Horowitz, managing director at JP Morgan Wealth Management, advises millionaires and billionaires in the world of investing and he stopped into the Kosher Money studio again to share more insights with you. Enjoy! Subscribe to our YouTube channel for more awesome content! If you have questions/feedback to share on this weeks episode, please email koshermoney@livinglchaim.com SPONSOR LINKS 🏡 Need a Mortgage? They're Great - https://approvedfunding.com/mortgages/ 🙇‍♂️ Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney After you finish this episode, be sure to watch our other interview with R' Naftali Horowitz on how to build wealth: https://youtu.be/ibGT401qDWw All content is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing here constitutes professional and/or financial advice, nor does any information constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. TIME STAMPS 0:01 Intro 1:48 Welcome Back 2:05 Is The Stock Market Gambling? 3:54 Should I Invest in Stocks? Index Funds? 11:37 Disclaimer: These are Not Endorsements 12:30 Smart People Pick Stocks This Way 15:35 The Psychology of Investing 17:54 Sponsor 19:13 Do People Ask You for Stock Picks? 25:43 Controlling Emotions During Turbulent Times 31:20 Behavioral Finance and Biases To Be Aware Of 37:18 Meet Steve & More Biases 48:55 Sponsor 50:21 Berkshire Hathaway’s Class A vs. Class B Shares 51:00 What to Do to Avoid Stock Market Mistakes 51:51 How Naftali Made Someone $4,000,672.87 53:56 Bitcoin, Crypto & How to Trade Exotic Investments 56:20 Another Bias: Regret Aversion 59:47 Sagely Advice on Money 1:02:38 Difference in Friction in Marriages of Rich vs. Poor 1:06:10 Rabbi Naftali Horowitz’s Parting Advice 1:09:22 Outro Naftali's book "You Revealed: A Torah path to a Life of Success" can be found here: https://amzn.to/36fxXbK Please note that this book was written predominately for an observant Jewish reader. (Due to high demand the book sells out quickly but is usually back in stock within one week.) ✬ Donate and Inspire Millions (Tax-Deductible) ✬ Your generous donation enables us at Living Lchaim to share uplifting messages globally, enrich lives, and foster positive change worldwide! Thank you! 🙏 ➡️ https://www.livinglchaim.com/donate ____________________________________ Follow Kosher Money on social media: TikTok - https://www.tiktok.com/@koshermoneypod Instagram - https://www.instagram.com/koshermoneypod Follow Living Lchaim on social media: TikTok - https://www.tiktok.com/@livinglchaim Instagram - https://www.instagram.com/livinglchaim/ Facebook - https://www.facebook.com/livinglchaim LinkedIn - https://www.linkedin.com/company/living-lchaim ____________________________________ Free call-in-to-listen feature: 🇺🇸 USA: (605) 477-2100 🇬🇧 UK: 0333-366-0154 🇮🇱 ISRAEL: 079-579-5088 Need financial guidance? Get help from our awesome friends at https://LivingSmarterJewish.org/ WhatsApp us at 1-914-222-5513 - we love feedback, legit! For bonus content on our episodes, visit http://Mishpacha.com or pick up a new Mishpacha magazine weekly! Subscribe to our YouTube channel for more great content! :) Oh, and again: all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. #koshermoney #naftalihorowitz #markhorowitz #investing #money #lchaim #Livinglchaim #elilanger #jewish #yaakovlanger #jewishideas #torah #jewishmoney #kosher #finances #god #hashem #horowitz #biases #makemoney