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InvestED: The Rule #1 Investing Podcast

342- Invest at Your Own Speed

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 9 November 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

When it comes to investing you should never go faster or do more than what you’re ready for. If you do, you’re going to crash. Phil and Danielle discuss the importance of taking small steps and being patient with your comfort in investing in order to see success. Taking your ego and hubris out of your investing process is going to be critical to success. While you may be excited and sometimes feel like you’re ready to take a big step when it comes to your portfolio, always be sure to take a step back and re-assess if you’re actually ready to take that step. To help you take that critical step back and fully understand where you’re putting your money, use Phil’s must-have investing checklist to guide you to success. Download it here:https://bit.ly/303Fs2U Topics discussed in this podcast: How to Invest Safely Investing Mistakes When to Invest Investing Preparedness Value Investing For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Do you hear that?

0:05.5

It might sound like nothing to you, but it's actually the sound of nuclear, wind and

0:10.0

solar energy.

0:11.0

At EDF, we're busy generating more British zero carbon electricity than anyone to help

0:16.8

keep future energy costs down for everyone and help cut UK carbon emissions to nothing.

0:22.6

Sound good to you?

0:24.2

Find out more about our zero carbon generation at EDFenergy.com slash help in Britain.

0:34.8

Hey everybody, this is Phil Town and this is Danielle Town.

0:38.8

Welcome to the invested podcast and you guys know what we do here.

0:43.1

Let's try to be crazy, hearing me tell you over and over again.

0:45.6

I think it does drive a lot of people crazy.

0:48.6

We should probably give up on that.

0:51.2

I mean, essentially, I keep like, we focus on Buffett style investing and life.

0:58.9

How does investing work into life and how does life work into investing?

1:04.8

You know, I was thinking about this because I was out at the racetrack at Circuit of the

1:11.0

Americas to first to watch the F1 race a couple of weeks ago.

1:15.6

Yeah, you said that last time.

1:17.8

I know.

1:18.6

And then drive on the track and you know, doing race prep for a race coming up in a few

1:25.1

weeks.

1:26.1

And I was just thinking about what an amazing metaphor for investing driving a race car

1:32.9

is.

...

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