Chapter
Hone Your Investing Mindset Even Without Much Income
26:04 - 31:13 (05:09)
You can still develop the mindset and process of a good investor without a lot of disposable income by committing hypothetically and tracking the performance over time. It's important to think about good decision-making before allocating money, and consider how to invest your own time during times like this.
Clips
The key to becoming a good investor is to think about the decision-making process that makes a good investor before actually allocating money to investments.
26:04 - 29:50 (03:45)
Summary
The key to becoming a good investor is to think about the decision-making process that makes a good investor before actually allocating money to investments. Everyone has resources to invest, even if it's just time or energy, and honing the thinking process of a good investor is important.
ChapterHone Your Investing Mindset Even Without Much Income
Episode#426: The Random Show: Boozy Quarantine Edition!
PodcastThe Tim Ferriss Show
With unemployment rates rising due to the pandemic, some people are looking to learn new skills like coding, despite limited job opportunities.
29:50 - 31:13 (01:23)
Summary
With unemployment rates rising due to the pandemic, some people are looking to learn new skills like coding, despite limited job opportunities. Investing in yourself and your education during a crisis can be a valuable long-term decision.