57- How to Be Mindful With Your Money (Part 2)
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
4.6 • 1.6K Ratings
🗓️ 10 May 2016
⏱️ 42 minutes
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Summary
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| 0:00.0 | Hi everybody this is Phil Town this is Phil Town this is Danielle Town |
| 0:08.0 | we're here for the Invested Podcast and we're real excited to talk to you guys |
| 0:11.2 | because we are drilling down into the depths of great investing as taught by Warren Buffett and Charlie Mun. And we're talking about mindfulness, about being invested in your life, invested in your money, |
| 0:29.5 | invested in your finance, invested in your financial future, not leaving it to somebody else to handle it for you, |
| 0:35.8 | or if you are, then doing it mindfully, aware of what you're doing. |
| 0:40.2 | I was real excited last time we talked about noticing I mean you were you really made some cool points in the last podcast about |
| 0:48.4 | Just paying attention and I thought that was really really cool like yeah, did you try it I did I tried it I got I got |
| 0:54.9 | 24 seconds into it and couldn't stand it anymore. |
| 0:58.0 | Well I think that's the point is that after a while after 24 seconds you say to yourself I can't even handle myself |
| 1:06.5 | I was amazing I there was there were so many things I was doing that I didn't understand what I was doing it |
| 1:12.4 | It started to remind me of this |
| 1:13.8 | this old philosophy created by this guy in Russia named Gurjif that took off pretty good in the |
| 1:20.9 | late 60s early 70s when everybody was doing that all that stuff |
| 1:23.8 | and his idea was you constantly think about what you're thinking about and for all |
| 1:29.5 | you gurgia fans I probably just said that wrong but it it's the basic idea. And the problem is you can |
| 1:34.0 | split your mind. I mean, you can actually get into a problem in your head. And that's what it started |
| 1:38.4 | to feel like when I'm noticing, my noticing, my noticing, I'm feeling like I'm sliding down like a rabbit hole |
| 1:44.0 | like we're talking about before. |
| 1:45.2 | It's too much, it's too much, no. |
| 1:46.5 | It's just, it's just on the surface level, |
| 1:50.1 | being aware of what you're doing in your decisions. |
| 1:53.2 | Well, there's a lot. |
... |
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