One of best interview I ever heard! Thank you!

Solid interview. I like the point he makes on having years of expenses saved in cash to help him sleep at night instead of making X amount more in the market.

@holdencawffle626

Ай бұрын

Dumb

@user-wl7jy9wu9m

15 күн бұрын

Clever...Warren Buffett has millions in cash...common sense

So glad they shared Morgan with you all. His book, Psychology of Money should be the foundation of any plan you might create to get to financial independence. It doesnt teach you to do anything, teaches you how you can do everything as long as you understand what's driving you to do things. I listen to it (on 1.3 speed) almost every month. The audio version is read by a Chris Hill who hosted Motley Fool podcasts and radio shows for decades. Read this and Taleb's Fooled By Randomness and you'll be on your way.

@ajayramkumar1

2 ай бұрын

Ppppppppp

Just finished reading psychology of money 👍🏿; it’s a book you can read over and over and still pick up new things. Will start the new one this weekend

Morgan has a great podcast too, surprised it wasn't mentioned.

@sidshri6080

2 ай бұрын

followed, thank you

This guy has changed my thinking regarding investing, I'm most grateful to you.

Morgan you are AMAZING!!! Love your simple principles and not interested in real estate either!

This was my absolute favorite episode so far!!

Wow! Fantastic episode. I have not read the psychology of money yet, but this episode seemed to completely encompass what the psychology of money is.

Love his book. My favorite of all times!

Scott, I’m 100% sure that you’ll be very knowledgeable should you spend that much time reading. I am always amazed by your way of thinking and ability to put things into words. To me you’re just as intelligent as M.H. Thanks for this podcast. Greetings from Germany 👋

Human behaviour never changes and that's why everything is a cycle. We live on a round world, it spins round and goes round. The common denominator is round and that's why everything has to be a cycle. Just finished the book and its very good.

Awesome interview! Morgan, if you ever write another piece, please consider writing on "how to think like nobody is watching"😊😅

A great interview. Thank you

Always love your video's, they are spot on!!!! Do you have a video on selling rental property and putting the proceeds into a retirement account to save on Capital Gains? Thanks!!

Yes, absolutely fabulous interview. Not long enough! Definitely tge best or one of the best episodes.❤

Expert advice is important. That’s why I DON’t go to doctors for health advice

@almas3427

Ай бұрын

Yes stay away from doctors they’re trained to make you a permanent customer

I love you both for bringing Morgan on! Awesome!!! "... dollar cost average into their 401k and forgot their password." He is as enjoyable to listen to as his books are to read.

He is so right on just being able to sleep at night. Some sleep like a baby on the side of the mountain, some have to be in a bubble. It’s very much an individual thing.

I bought of his books and learned alot.

Great interview! I am actually traveling in Spain right now and this is the book of choice I brought to read. Loved the interview and love the book. I am hoping I can read it twice on this trip!

Sweet video!

I also read psychology of money on my honeymoon 😅

Great Information thanks ❤

Great to hear. Learned alot. Thank you so much❤

I am 73 and I did not know my grand parents working

The Reasonable Optimus is as epic definition

Great interview. We sold our inherited NJ condo after 12 years. My cousin was my tenant. I realize that I couldn’t deal with real tenants. Plus we got burnt with the tech bubble and the Iraq war late eighties purchasing our first house when we were 23 y/o. The house mortgage was under underwater in 3 years!

I wonder, when this new GFC ( Global financial crisis) hits if Australia will handle it better or worse because we didn’t really do the last 2008 one 🤔

5:00

Seems like as the years pass it's harder and harder to be optimistic. They feed you fear at every angle.

@almas3427

Ай бұрын

Yea I think most people don’t invest because there is an actual chance that you can lose all your money in 2 seconds

@almas3427

Ай бұрын

In todays market with people having access to the markets on their phones, I don’t think it’s a good idea to buy and hold forever because there are too many pump and dump happening

@missgui4400

22 күн бұрын

Because wallstreet is in the red so they push their narratives to scare investors.

ESTJ with developed Ne

Another jack bogle disciple

Morgan doesn’t consider the benefit of leverage in real estate which can multiply total returns significantly. That’s a double edged sword of course.

OMG, I can't stand this woman!

@carlyndolphin

2 ай бұрын

If you have nothing positive to say keep your mouth shut.

@AliBooondok

2 ай бұрын

@@carlyndolphin That’s a dumb take on life. You offer extremely bad advice. The problem is within you, not the comment you responded to. Someone can’t handle opposing views and would prefer an authoritarian take at shutting the other person up.

@carlyndolphin

2 ай бұрын

@@AliBooondokI am actually on the autistic spectrum plus I have ADHD and dyslexia. In monetary terms I have achieved more than you. £4 million in commercial and residential property (no mortgages), plus £1 million in global ETFs and a company worth £1 million.

The guy in the blue shirt is a terrible interviewer. Every episode i watch he drags the question on, stutters, etc... like bruh just be a straight shooter and ask the question directly. Stop wasting everyones time!

@juicyfruit100x

2 ай бұрын

Cry about it and go take a hike

Exactly frugality at the moment will buy you time in the future.