380 | Optionality: Making Choices with Finite Resources

ChooseFI

Brad Barrett | Choose FI Media

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

4.8 • 5K Ratings

🗓️ 6 June 2022

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this week's episode, Brad and Jonathan discuss different routes you can take in order to create options for yourself with limited resources.

Everyone has a finite amount of financial resources at their disposal and everyone is always questioning what they should be doing with what they have. While nothing is guaranteed, thankfully there are steps you can take to protect your resources and make informed decisions. Listen along as the guys discuss creating options for yourself and hopefully the information can be helpful towards dealing with uncertainty!

Timestamps

0:56 - Introduction
1:59 - The Rule of 72
8:51 - Bitcoin Purchase and Computer Safety
16:57 - Crypto Crashes
21:42 - Intrinsic Value
28:04 - Guaranteed Returns
34:40 - Protecting Yourself
45:27 - Finding Options in Uncertainty
52:54 - Conclusion

Resources Mentioned In Today’s Conversation

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Transcript

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0:00.0	On today's episode, Optionality, making choices with finite resources.
0:04.4	Welcome to the Ultimate Crown Source Personal Financial.
0:07.3	This is ChooseFi.
0:09.1	You're listening to ChooseFi Radio.
0:11.6	The blueprint for financial independence lives here.
0:24.4	If you're looking to unblock the secrets to financial independence and
0:28.2	the early retirement, you're in the right place.
0:31.3	Stay tuned and join a community of like-minded people who are getting all things to do
0:36.2	and taking control of their lives in the pursuit of financial independence.
0:40.4	ChooseFi, your home for financial independence online.
0:44.7	All right guys, very excited to dive into this week's episode and to help me with this,
0:59.0	I have my co-host, Brad here with me today.
1:00.6	How you doing, buddy?
1:01.4	Hey, John, and I am doing quite well.
1:03.6	Yeah, life is going good.
1:06.2	It's pretty cool.
1:07.1	We have the pool open, which is always a big part of our year and our summer certainly.
1:12.2	So that's good.
1:12.9	I've got, it just feels like a lot of good things going on.
1:16.0	I've got it out of town family coming in this weekend.
1:19.2	My brother and sister-in-law are having a baby shower.
1:22.4	So we're going to that and actually hosting that, which should be fun.
	...

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