Chapter
Clips
Investing in the market is unpredictable, so it's best to dollar-cost average by dividing your total amount into multiple investments over several months.
1:53:36 - 1:55:01 (01:24)
Summary
Investing in the market is unpredictable, so it's best to dollar-cost average by dividing your total amount into multiple investments over several months. It's important to be comfortable with the potential loss and only invest in something you're willing to hold for the long term.
ChapterThe Case for Investing in Gold
Episode#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
PodcastThe Tim Ferriss Show
The speaker believes a portion of their portfolio should include gold as a hedge against general equity collapse, potential hyperinflation, or an extended pandemic impact.
1:55:01 - 2:00:38 (05:37)
Summary
The speaker believes a portion of their portfolio should include gold as a hedge against general equity collapse, potential hyperinflation, or an extended pandemic impact. They recommend purchasing the iShares Gold Trust (IAU) due to its lower expense ratios and gold storage location in Switzerland.
ChapterThe Case for Investing in Gold
Episode#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
PodcastThe Tim Ferriss Show
Short-term trading is not advisable as it can be dangerous and difficult to succeed.
2:00:38 - 2:02:02 (01:24)
Summary
Short-term trading is not advisable as it can be dangerous and difficult to succeed. Even the top hedge fund investors are not engaging in it in the current market situation.