10 Lessons That Challenged My Thinking on Money and Life
All the Hacks: Money, Points & Life
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#253: My top 10 takeaways from a retreat for high-net-worth investors, which will cover investing, managing risk, investing in your health, building meaningful relationships, parenting with purpose, and defining success in a way that goes far beyond money.
Tad Fallows is the co-founder of Long Angle, a private community for investors with more than $2.2 million in assets. He previously co-founded iLab Solutions, a global leader in cloud-based lab management software, which was acquired by Agilent Technologies.
Link to Full Show Notes: https://chrishutchins.com/10-lessons-wealth-health-happiness
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Resources Mentioned
Long Angle: Join a free private community for high net worth investors
ATH Podcast
- Ep #248: How to Stop Over-Optimizing and Focus on What Matters with Tim Ferriss
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Full Show Notes
(00:00) Introduction
(02:01) Why Health Is Your Most Important Asset
(04:13) How to Become Your Own Health Advocate
(08:14) Different Ways to Invest in Fitness and Accountability
(12:27) Relationships: The Ultimate Compound Asset
(14:03) Why Adult Friendships Are So Hard to Build and Maintain
(16:05) Reclaiming Time for Relationships and Family
(17:15) The Power of Intentional Travel
(20:43) Lighthouse Parenting: Why You Should Allow Your Kids to Struggle
(25:01) Learning From Your Kids’ Limitless Imagination
(25:56) A Simple Exercise to Expand What’s Possible in Every Area of Life
(28:47) Redefining Success and Purpose
(34:09) Defining Your Objective to Simplify Complex Decisions
(38:44) How to Think About Managing Risk
(43:28) Diversifying Beyond the S&P 500
(47:53) Two Spectrums of Diversification and Liquidity
(50:38) The Danger of Over-Optimizing
(52:14) Why True Wealth Isn’t About Dollars
(55:45) The Importance of Designing a Life That Works For You
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