Radical Personal Finance

971: Prepare When Times Are Good; Invest When Times Are Bad

Oct 9, 2023
The podcast discusses the importance of balancing optimism and preparedness in life and investing. It highlights the significance of preparing for catastrophes during times of ease and the need to anticipate and prepare for potential disasters before they occur. The chapter also emphasizes being prepared for emergencies, including power outages, physical safety, and transportation. Lastly, it introduces the International Escape Plan course and an upcoming investment event in Panama.
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Chapters
Transcript
Episode notes
1
Introduction
00:00 • 3min
2
Balancing Optimism and Preparedness: The Rational Approach
02:49 • 3min
3
Preparing for Catastrophes in Times of Ease
05:21 • 2min
4
Preparing for a 100-Year Flood
07:23 • 17min
5
Being Prepared for Emergencies: Power Outages, Physical Safety, and Transportation
24:03 • 2min
6
The Importance of Preparedness and Identification
25:42 • 13min
7
Promoting International Escape Plan and Panama Event
38:24 • 2min