382- Investing on Vacation

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 17 August 2022

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on InvestED, Phil and Danielle are taking a break from talking about Google’s finances to talk about a more prominent topic, especially as people wrap up vacations and breaks away from work: investing when you’re tired, busy, or on vacation. Truth is, when it comes to long-term investing, you don’t need to have your nose in the numbers every day, or even every week. If you feel tired, take a break! One of the benefits of investing the Rule #1 way – long-term investing – is that you don’t have to be as attentive on a daily basis to what the market is doing, the way you’d have to pay attention if you were a short-term trader. Tune in to this week’s podcast to learn more about how to stay on top of your portfolio, even when you need to step away for a bit and put your energy somewhere else. To learn more about how to plan for a successful investing future while still being able to take and enjoy time off for things like vacation, download Phil’s 12-Month Financial Success Planner: https://bit.ly/3AmNEud Resources Discussed: 12-Month Financial Success Planner Topics Discussed: Short Term Trading Long Term Investing Warren Buffett Investing Strategy 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	Hey everybody this is Phil Town and this is Daniel Town.
0:29.8	Welcome to the invested podcast where we are tired today tired we're we're we're
0:36.3	done diving we're tired we thought tired you know what it's August people are
0:41.8	going on vacation everywhere in Europe and America and all over the world those
0:46.2	who can and thank God for our problems right first world problems what kind
0:50.9	of vacation is remember to be very grateful about having these sorts of
0:56.6	questions in your life that's a good point and so we're like okay so how do we
1:01.3	invest on vacation I just told Daniel that we're so we're pausing we're coming
1:05.3	back to Google guys but in grand tradition we're taking a short pause here
1:10.2	today we're just gonna do a short little episode what do you do when you're
1:15.7	tired and you have investing practice still happening in the world what do you
1:23.2	do I took a little I took a little break last week and my investing team let
1:29.6	me see one of them has a rebound COVID going so he was sort of barely hanging
1:34.4	on other guy one of them took a break with me we went up to the Virginia
1:39.3	International Race Track where we were testing cars at the same time as a
1:44.2	bunch of NASCAR slash MSA professionals were there only 25 cars on the track
1:50.7	and somehow they let us on it that's so I got to be on the track with Kimmy
1:55.9	Reichenin that's so insane for people who don't know who is Kimmy Reichenin Kimmy
2:02.8	Reichenin is the is the F1 driver with the most F1 starts in history and
2:09.6	took just a couple weeks ago is that true I didn't know that yeah which means
2:13.3	Kimmy set at the top of the game in F1 for something like 17 years world
2:18.0	champion Kimmy Reichenin many times not many times well several no he was
	...

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