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Optimal Finance Daily - Financial Independence and Money Advice

696: Why My Friend Invests In An Insanely Expensive Fund and Why I Don't by Ramit Sethi of I Will Teach You To Be Rich

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 29 October 2018

⏱️ 9 minutes

🧾️ Download transcript

Summary

Ramit Sethi of I Will Teach You to be Rich shares why his friend invests in an insanely expensive fund and why he doesn't. Episode 696: Why My Friend Invests In An Insanely Expensive Fund and Why I Don't by Ramit Sethi of I Will Teach You To Be Rich Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness, and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article, and been pictured next to Warren Buffett in Forbes Magazine, as well as been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC, and more. He also has tons of documented success stories—more than 20,000. The original post is located here: https://www.iwillteachyoutoberich.com/blog/why-my-friend-invests-in-an-insanely-expensive-fund-and-why-i-dont/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Pepsi Max. Christmas is great, but there's loads of ways to make it better.

0:08.0

Like sneaking some chili into the gravy for some extra oint, or building a playlist that will even get your

0:14.8

none up on the table or just cracking open an ice cold Pepsi Max.

0:20.1

Christmas.

0:23.0

Better with Pepsi Max.

0:27.0

Make Match days easy with Google Pay.

0:29.0

Running late for kickoff,

0:31.0

tap in and speed through. Say look at the merch store, unlock and tap to pay securely.

0:37.0

Fast, safe, simple. Match days made easy with Google Pay. Add a card to your Google Wallet.

0:42.2

This is optimal finance daily.

0:45.0

Episode 696.

0:47.0

Why My Friend Invests in an Insanely Expensive Fund

0:51.0

and why I don't.

0:52.0

By Ramit Sadie of I Will teach you to be rich.com.

0:55.0

And I am Dan your host and this is where I read to you from some of the best blogs on personal finance.

1:00.0

I narrate articles from Mr Money Mustache, budgets are sexy, get rich slowly, afford

1:06.0

anything, the mad scientist, and many more, sort of like a gigantic ongoing audio book that comes

1:11.7

to you each day free of charge.

1:14.7

Now let's get right to our post as we begin optimizing your life.

1:20.1

Why My friend invests in an insanely expensive fund and why I don't by Ramit Saiti of I

1:29.8

will teach you to be rich.com.

1:33.0

I was working on my asset allocation this weekend, something I haven't written about in

...

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