The Kevin Rose Show My Personal Investing Playbook: Extreme Security, Extreme Risk, Extraordinary Returns (#67)
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Aug 22, 2024 
Chris Hutchins, a seasoned financial tech leader with a rich background at Google Ventures and Wealthfront, shares his personal investing strategies. He dives into assets bucket allocation and effective cash management, emphasizing the balance between risk and security. Chris discusses navigating market volatility and highlights the significance of diversification through index funds. He also touches on high-risk investments, angel investing, and the critical role of psychological factors in decision-making during turbulent market phases.
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Dollar-Cost Averaging (DCA)
- Use dollar-cost averaging (DCA) to invest consistently over time.
- This avoids trying to time the market and averages your entry point.
Lump-Sum vs. DCA
- The market historically trends upwards, making lump-sum investing statistically more profitable.
- However, DCA can be better for managing the psychological impact of market fluctuations.
Automate Investments
- Automate your investment plan to avoid emotional decisions.
- Set up a system for consistent contributions regardless of market conditions.