Chapter
Managing and Investing Money for More Returns.
39:13 - 44:04 (04:51)
The speaker discusses the difference between simple savings and investing and how the wealthy manage and invest their money for better returns over time.
Clips
In this podcast, the speaker talks about how he has never sold any stock and discusses the pros and cons of taking this approach as an investor.
39:13 - 40:07 (00:53)
Summary
In this podcast, the speaker talks about how he has never sold any stock and discusses the pros and cons of taking this approach as an investor.
ChapterManaging and Investing Money for More Returns.
EpisodeMind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
PodcastMy First Million
In this conversation, the speakers debate the buy and hold forever investment strategy versus the practice of constantly buying and selling equities.
40:07 - 40:47 (00:40)
Summary
In this conversation, the speakers debate the buy and hold forever investment strategy versus the practice of constantly buying and selling equities. They also question the logic of individual investors thinking they can outperform professionals in the field.
ChapterManaging and Investing Money for More Returns.
EpisodeMind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
PodcastMy First Million
The speaker suggests investing in a pile of money that cannot be touched but will return a 7.5% profit every year for a hundred years, while still being able to spend money on personal purchases, but not other investments.
40:47 - 42:50 (02:03)
Summary
The speaker suggests investing in a pile of money that cannot be touched but will return a 7.5% profit every year for a hundred years, while still being able to spend money on personal purchases, but not other investments.
ChapterManaging and Investing Money for More Returns.
EpisodeMind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
PodcastMy First Million
The speaker suggests having two separate accounts, a checking account for living expenses and another for investment purposes to maximize the probability of a high rate of return.
42:50 - 44:04 (01:13)
Summary
The speaker suggests having two separate accounts, a checking account for living expenses and another for investment purposes to maximize the probability of a high rate of return.