The idea of socking a lot of money away into a money mark is admirable, but it also just makes me groan. The magnitude now of this decision is so much bigger than it would have been if he were investing monthly in financial markets. Statistically speaking, and i say this not just for ion, but for everyone listening, on balance the market goes up more days than it goes down. So whenever possible, try to dollar cost average into your position.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode