Investing From The Beach

Warren Buffett is pro-America!  Does a bear market mean go find a job?  Heck No!!  Opportunities are more plentiful than ever before; we talk about how Covid19 impacts debt and customers (tenants)

We recorded this on day one of the big market plunge; we discuss the "how to think";  how to recognize;  and how to prepare around major news events.  

Applying the "how to think" mindset around events like Kobe Bryant's death and the Corona virus outbreak;  we also discuss the financial samurai going back to work

We talk about the three secrets to achieving success in the stock market, and in anything.  

Education or Ignorance...which is more costly?  Common to witness people who hesitate to spend $ on self-education but will gladly commit to a large 48-month car loan...and then they complain that they can never get ahead...

There's been a lot of talk lately about the new IPOs that have hit the market in the past year or so.  We talk about the successful strategy that we have used with our IPO investing; we talk about which IPOs are the best to invest in, and which to avoid...both in today's environment as well as in the future.

When listening to an "expert", you must discern if they're telling you a fact or an opinion.  It's fine to make an investing decision on either, but do not confuse a fact with an opinion.  An article on cnbc.com, from 10/1/19, titled Real Estate is Still The Best Investment You Can Make Today…"includes comments from Barbara Corcoran of the Corcoraan Group and Shark Tank;  Bethenny Frankel of Skinn...

We discuss a real-life example of someone's stock market results and how that was due to their mindset;  We contrast their "thinking" to that of someone who can get distracted by outside interests. 

How you handle debt impacts your FICO score; more importantly, it affects your "reputation" score with those who might later invest with you or in you.

Perhaps FIRE should stand for Focus on Investments and Reduce Expenses, allows you to retire early.  We talk about the mindset that is required, along with some simple steps that are needed to reach freedom.  

We talk about the unexpected challenges that you'll face in early retirement.  They're easily addressable if you'll simply think about them BEFORE you walk away from your j.o.b.

We talk about what it takes to develop the work ethic required to achieve any objective.

Should you focus on the stock market or the economy?  We talk about an easy way to differentiate the two, and we do it using words that everybody understands!

There are 9 basic steps to achieving FIRE...we touch on each of them.

There's been lots of recent talk about buying into an IPO;  we talk about the impact that buying into an IPO will have on your goal of reaching time freedom. 

David Goggins and Jocko Willink talk about "don't ask questions, just do it" ...we talk about the difference between being interested in something vs being committed to it; and how do you go from one to the other. 

No matter what business you're involved in, "selling" is crucial...however, "selling" is crucial in day to day life, not just business - knowing "how to sell" will make you happier, lead to greater success, and make life easier.

We discuss if New York won or lost in the battle for Amazon HQ2.  This is NOT a political finger-pointing exercise, but rather an example of how-to-think.  

Tim POWS Discussion

We discuss common mistakes made by beginning and experienced traders and investors

A discussion w/tih Vince about POWS

Most people do not have a money problem, they have a money management problem.  We talk about an approach that has worked well for both of us

We discuss about the awesome opportunities that are available in a Bear Market

Is it easier to achieve time freedom living in the US or outside the US ?