MINDFUL INVESTING: Right Focus, Better Outcome, Greater Well-Being
A no-stress investing strategy that combines mindfulness with personal finance.
In his two decades as a financial adviser, Jonathan K. DeYoe has seen countless investors make decisions driven by fear and wishful thinking. That mindset leads to costly mistakes, such as chasing “hot” stocks, buying when prices are high and selling when low, and racking up expensive transaction fees and taxes in the process. But there is good news: these mistakes are preventable.
In Mindful Investing, DeYoe offers a solution: a comprehensive investment strategy that integrates Western behavioral finance with the Eastern discipline of mindfulness. Mindfulness involves cultivating a state of nonjudgmental awareness of one’s emotions without becoming entangled in them. Practicing mindfulness allows investors to see life from a larger perspective and make financial decisions according to their long-term goals, not fleeting impulses.
Mindful Investing is one of the few books to discuss both the mechanics and the psychology of investing. Key topics include:
• Understanding how financial markets work (stocks, bonds, and more)
• Building an investment portfolio appropriate for your age, income, and life goals
• Assessing your tolerance for risk
• Recognizing and overcoming cognitive biases that impair your financial judgment
• Choosing investments that align with your core values (socially conscious investing)
Most important, Mindful Investing provides simple, evidence-based methods that don’t rely on technology, gimmicks, or constant portfolio maintenance. By paring things down to their essentials, Mindful Investing takes the anxiety out of investing and shows readers the way to financial prosperity and personal well-being.
Mindful Money in the Media
MINDFUL MONEY: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend
Is it possible to be a conscientious citizen of the world and grow wealth?
Author Jonathan K. DeYoe, Buddhist and financial planner, says yes and explains exactly how. Money drives many of our decisions. When we don’t have it, we think, “If I had more, I would be happier…” But then, when we have it, we immediately start to worry we will lose it.
We all worry about money – earning it, spending it, and saving it ― regardless of our income level. Jonathan helps you create a step-by-step financial plan that is informed by your core values. He shows you how to save, invest, pay off debt, and build your lifetime retirement income stream. Mindful Money emphasizes that money is a tool you can use to support your lifestyle and reach your goals without making it the center of your life. This is the “happiness dividend” everyone deserves.
Reader Reviews
See more at Amazon and Goodreads
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You can't go wrong reading this book.“A solid five star read... Because the financial information is given in easy to understand terms, and is backed-up with tools that make the performing of these tasks simple, finances no longer seem scary, something only professionals in the field can understand, or intimidating. I wish I’d had this book when I was much younger, but it can be very useful no matter what stage of your life. I can recommend this book with enthusiasm and confidence. I’m sure I’ll be reading it over again.”
-Marilyn D.
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This is THE book to help you get out debt and live your dream life“Mindful Money is easily the best personal finance book I've read to date! Most finance books talk about how to create a financial plan and that's it. Jonathan's book does much more than that… If you've ever wanted to change your money habits, this is the book to make it happen. Go ahead, give it a read. It'll be the best money you've ever spent.”
-Cassidy H.
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Best Financial Planning Book EVER“EVERY 15-year old should read this book. I've read many books on financial planning, but this is the one I will be giving to both my children when they come of age. We will use the exercises at the end of each chapter to hone their thoughts, ideas, and set them on a life-long practice of saving, planning, and growing.”
-Koala
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Being Mindful in the World of Money
It deserves a spot on your bookshelf
“This is a must read for anyone that is having a hard time with the mindset shift that must happen when you are tackling your finances.”
“I've learned a lot from this book. I didn't know that I could apply meditation and mindfulness to financial planning. It was also refreshing to hear another person's experience and apply it to historical and trending issues. I don't have a fear for the stock market anymore, I now have a plan for retirement.”
“It is about the attitude towards money practices as well as the techniques. It has applications for all parts of life going into detail about what makes people happy, how to not lose the run of yourself in exciting markets and more.”“Mindful Money provides a commonsense and inspirational framework that serves as a road map to happiness and offers a thoughtful reassessment of how money is just a tool, not the destination.”
― Burt White, managing director and chief investment officer of LPL Financial
“Mindful Money, a book grounded in a belief system that is deeply compatible with my own spirit, teaches the lessons I have been waiting for.”
― from the foreword by Alice Walker, Pulitzer Prize-winning author of The Color Purple
“If there were a smarter and better way to manage your money and your life, you’d want to know right away. So open this book and start reading.”
― Bob Seawright, chief investment officer of Madison Avenue Securities and blogger, Above the Market
“DeYoe pierces common money illusions and focuses readers on the elements that underpin true happiness.”
― Tadas Viskanta, founder and editor of Abnormal Returns
“Teaches you to put wealth-building ideas into action. . . . If you read one money book this year, let it be Mindful Money.”
― Barbara A. Friedberg, MBA, MS, expert investor and author of Invest and Beat the Pros
“[DeYoe’s] advice is solid, his delivery is assured, and his claim of discovering the key to happiness is surprisingly plausible.”
― Publishers Weekly
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