5min chapter

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275 - Megasode - The Greatest Hits

Maven Money Personal Finance Podcast

CHAPTER

Investing for Your Unknown Future

The best way to think about investing is you're investing for your unknown future. The more capital, the more cash you have in the future, the better. We find it very hard to distinguish between our current self and our future self. So I believe when big events are happening in your life, you don't need to continue your aggressive saving plan for your future self. My controversial idea is if you are in debt and have been in debt for a while, stroke, many years, you need to come up with a different strategy to get yourself out of debt. It's countercultural, counterintuitive, but your current strategy plan A is not work so you need to think of a plan

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