Chapter
The Key to Long-Term Financial Success - Going Boring
54:41 - 1:03:34 (08:53)
Going for boring investments allows individuals and companies to focus on what they are really good at and achieve long-term financial success with large returns on investments. This can lead to many successful companies and just a handful of winners in the market.
Clips
A white rapper who is an expert in startups talks about how he invested in an older C 63 AMG for the thrill and put the rest of his money into boring index funds like Vanguard dimensional.
54:41 - 56:43 (02:02)
Summary
A white rapper who is an expert in startups talks about how he invested in an older C 63 AMG for the thrill and put the rest of his money into boring index funds like Vanguard dimensional.
ChapterThe Key to Long-Term Financial Success - Going Boring
Episode#203 - Why Dunder Mifflin Should Be a Real Paper Company & An Inside Look Into MicroAcquire With Andrew Gazdecki
PodcastMy First Million
The speaker shares their strategy of investing in a Vanguard total market index fund to achieve financial security, while some critics suggest they take more risks.
56:43 - 59:18 (02:35)
Summary
The speaker shares their strategy of investing in a Vanguard total market index fund to achieve financial security, while some critics suggest they take more risks.
ChapterThe Key to Long-Term Financial Success - Going Boring
Episode#203 - Why Dunder Mifflin Should Be a Real Paper Company & An Inside Look Into MicroAcquire With Andrew Gazdecki
PodcastMy First Million
Focusing on the niche market allows small businesses to hone in on what they're really good at, while the shift towards the digital economy means that small businesses can now be online and profitable.
59:18 - 1:01:24 (02:05)
Summary
Focusing on the niche market allows small businesses to hone in on what they're really good at, while the shift towards the digital economy means that small businesses can now be online and profitable.
ChapterThe Key to Long-Term Financial Success - Going Boring
Episode#203 - Why Dunder Mifflin Should Be a Real Paper Company & An Inside Look Into MicroAcquire With Andrew Gazdecki
PodcastMy First Million
The future of the company venture seems to be heading towards a small number of big companies going into a large number of businesses.
1:01:24 - 1:03:34 (02:09)
Summary
The future of the company venture seems to be heading towards a small number of big companies going into a large number of businesses. The categories that are getting lots of activity in company ventures are Shopify SAS applications, communities, newsletters, and, in general, everything online, with just a few winners expected, but micro acquire is an option for selling small businesses.