2572: Utility on Investment by Tynan on Financial Freedom

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 1 January 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2572: Tynan from Tynan.com challenges conventional investment wisdom, advocating for a broader view of 'utility on investment.' He shares personal examples like his RV and art collection, emphasizing the significant, often overlooked returns in terms of lifestyle improvements and cost savings. Tynan's approach is about investing in experiences and resources that enhance life's quality while reducing future expenses, illustrating a unique path to financial freedom. Read along with the original article(s) here: http://tynan.com/utility Quotes to ponder: "The point of money is utility, so why aren’t we thinking one step further and thinking about how we can earn the most utility on money?" Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Oracle. AI may be important, but it needs a lot of processing speed, and that gets expensive fast.
0:08.0	Upgrade to the next generation of the AI needs. Do more and spend less like Uber 8 by 8 and Data
0:24.8	Brakes Mosaic. Take a free test drive at
0:27.5	Oracle.com slash enhance.
0:30.6	This is optimal finance daily episode 2,
0:33.7	772, utility on investment by Tynan of Tynd
0:39.2	and I'm your host and personal finance enthusiasts, Diana Merriam.
0:44.0	Happy New Year.
0:45.0	Thanks so much for joining today.
0:47.0	I have another article that can help you with your money.
0:50.3	So with that, let's get right to it
0:52.4	as we optimize your life.
0:58.0	Utility on Investment by Tainin of Tyndon.com.
1:04.0	The thing about investing money is that it's pretty hard for an individual to do better than 5% to 15% per year consistently.
1:12.0	Depending on your risk tolerance and connections.
1:16.8	My best investments have been putting money to work with friends businesses.
1:21.4	5% to 15% is pretty good, but it's inside the box thinking to stop there.
1:27.0	What else can we do with our money?
1:30.0	As a disclaimer, I have a good portion of my money in investments that make a return like that.
1:35.0	It's good to grow your cash, and I'm not saying you shouldn't, but what if you diversify your portfolio beyond earning a financial return.
1:45.0	After all, the point of money is utility.
1:48.0	So why aren't we thinking one step further
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.