Money For Couples with Ramit Sethi
140. “He put our $1M into one risky investment. Will we lose it all?” (Part 2)
Jan 23, 2024
Sandra and Brad return for Part 2 as they invest their entire net worth of $1,000,000 in one oil operation. They discuss the risk involved and the $20k monthly payout. The episode also covers topics like creating a conscious spending plan, maximizing contributions and handling returns, building wealth through compound interest, and exploring options for increasing income.
01:22:13
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Understanding red flags and areas of improvement in personal spending by analyzing conscious spending plans.
- The importance of diversification in investments and the need to aggressively invest income into diversified index funds.
Deep dives
Analyzing Conscious Spending Plans
The podcast episode discusses the concept of analyzing conscious spending plans. Listeners are encouraged to download the conscious spending plan and send it in for personal analysis. The importance of understanding red flags and areas of improvement in personal spending is highlighted.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
