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Investing From The Beach

Is time freedom (FIRE) your goal? The two hosts retired early (one at 30; one at 40) each walked from a 6-figure job. They discuss THE critical ingredient to achieve financial freedom, “how to think”. Chris Hanson & Chris Lam each reached freedom by investing & trading in the stock market. This is NOT Dave Ramsey mutual funds; it’s not Kiyosaki real estate; people say it’s akin to living the Tim Ferriss lifestyle. They’re not Ivy League grads; they’re self-taught, studying nights & weekends while working in sales for the largest tech firm. Today, they can trade/invest from anywhere they happen to be, even from the beach. They’ll share what they discovered about “how to think” as well as “how to do”. Most people focus on the mechanics, the tasks, the “how to do”. The reality is that “how to do” is maybe 5% of what’s required; the other 95% is “how to think”. Most people gloss over the 95%, then get frustrated when they can’t figure out why they’re not achieving freedom.
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Now displaying: July, 2018
Jul 20, 2018

We talk about what and how parents can teach their children about money, finance, and the how to think.  Think about what you wish you knew 10 years ago, so why not teach that to your children when they're young so that they can walk a different path than you. 

 

Jul 4, 2018

The reality: to achieve time freedom, you must first develop the mindset; however, talking about mindset does not sell books.  If you wanna sell books, talk about money.  Whether it’s Jim Cramer on Mad Money, or Dave Ramsey Financial Peace – they focus on the money, and sell a ton of books as a result.  We’ve found a few people that “get it” – Jocko Willink, David Goggins, & Jim Wendler are three that come to mind; their focus isn’t money, instead they talk discipline.  It’s crucial to recognize that while money is the first thing that people want, it is the last thing that shows up; it only shows up after everything else is in place. 

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