Chapter
Practicality of Savings and Investing During Bitcoin Volatility
16:02 - 19:35 (03:32)
The practicality of savings and investing during Bitcoin volatility is discussed, highlighting the importance of focusing on saving and investing during such times. Exceptional cases like NFTs that show a sudden increase in value need to be handled with caution.
Clips
The focus on saving and investing can be misleading as income plays a major role in accumulating wealth.
16:02 - 17:21 (01:18)
Financial Planning
Summary
The focus on saving and investing can be misleading as income plays a major role in accumulating wealth. Building skills and networking to increase income should be prioritized over micro-managing investments when it comes to financial planning.
ChapterPracticality of Savings and Investing During Bitcoin Volatility
Episode#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
PodcastModern Wisdom
Asset allocation might not matter much for your investment unless there are exceptional scenarios like the current drop in the tech stocks or Bitcoin.
17:21 - 19:35 (02:14)
Investment
Summary
Asset allocation might not matter much for your investment unless there are exceptional scenarios like the current drop in the tech stocks or Bitcoin.