344 | Risk Avoidance and Deworsification

ChooseFI

Brad Barrett | Choose FI Media

Financialindependence, Investing, Firemovement, Passiveincome, Frugalliving, Personalfinancepodcast, Daveramsey, Careers, Business, Earlyretirement, Habits

4.8 • 5K Ratings

🗓️ 27 September 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this week's episode, Brad and Jonathan discuss how risk avoidance can weigh down your returns in the form of opportunity costs. While your savings may be safe, you could be missing out on opportunities for your money to work on your behalf! Join the guys as they discuss the rule of 72, inflation, and diversifying as opposed to "deworsifying!"

Resources Mentioned In Today's Conversation

Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

Transcript

Click on a timestamp to play from that location

0:00.0	Alright everyone on today's episode, Risk Avoidance and DeWorsification.
0:03.5	Welcome to the Ultimate Crown Source personal financial dis.
0:06.2	She's a five.
0:07.6	You're listening to Choose Applied Radio.
0:12.3	The blueprint for financial independence lives here.
0:23.0	If you're looking to unlock the secrets to financial independence
0:26.6	and early retirement,
0:28.0	you're in the right place.
0:30.0	Stay tuned and join a community of like-minded people
0:32.8	who are getting all fans to know.
0:34.9	And taking control of their lives
0:36.9	in the pursuit of financial independence.
0:39.1	Choose FI, your home for financial independence online.
0:55.2	Alright guys, excited to dive into this week's episode
0:57.3	of talking about risk avoidance and de-worsification
1:00.2	and to help me with this.
1:01.2	I have my coast brand here with me today.
1:03.3	How you doing buddy?
1:04.3	Hey Jonathan, I am doing quite well.
1:06.0	So de-worsification, I'm intrigued.
1:08.2	That's quite a word you've just coined.
1:10.4	Well, I definitely did not coin that.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brad Barrett | Choose FI Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brad Barrett | Choose FI Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.