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Financial Mistakes That Add Up: The Cost of Distracted Money
Some of the most expensive financial mistakes happen when life gets busy. In this episode of PIVOT with Darryl Lyons, Darryl explains the difference between acts of commission, the decisions we actively make, and acts of omission, the important steps we leave unfinished.
From fear-driven investment decisions to retirement accounts left sitting in cash, Darryl shares examples of how financial oversights can have lasting consequences. He also walks through the math behind a $200,000 investment earning 3% versus 7% over 10 years, illustrating how inaction can lead to a difference of roughly…
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