Money Minded Escape Plan 2.0 | How to buy back your time
6 snips
Jan 21, 2025 Discover how to escape the rat race by mastering key financial skills like asset stacking. Learn to distinguish between risk and volatility, and explore emotional factors that impact investment decisions. Get practical tips for maximizing returns as you transition from relying on human capital to leveraging financial resources. Understand the importance of building your own financial dream team to navigate the complexities of investments. This playbook equips you with strategies to take control of your financial future and buy back your time.
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Start Investing Now
- Prioritize getting started with investing over trying to become an expert.
- The biggest cause of lost returns is the time spent not investing.
Investing Mindset
- The biggest obstacle to investing is the faulty belief that you must know everything before starting.
- Aim to be less wrong over time, as uncertainty cannot be eliminated.
Ponzi Scheme Experience
- Terry Condon shares a personal story of losing money in a Ponzi scheme disguised as an investment.
- This experience taught him the distinction between gambling, trading, speculating, and investing.
