97- JJ Virgin and the Miracle Mindset (Part 2)
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
4.6 • 1.6K Ratings
🗓️ 14 February 2017
⏱️ 41 minutes
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| 0:00.0 | Hey everybody and welcome to Invested. I'm Danielle Town. My dad and I got to interview |
| 0:05.2 | J.J. Virgin who wrote the best-selling diet book, The Virgin Diet. She has a new book out |
| 0:10.3 | about her mindset for success and she has some great ideas for success in investing, |
| 0:15.3 | especially about being regularly and specifically thankful, which of course dad and I totally |
| 0:20.9 | loved. |
| 0:21.9 | We kept chatting for two podcast episodes and this is the second of our two episode |
| 0:26.4 | interview with J.J. Virgin. Enjoy. Because let me tell you who we're talking to, our podcast is going out. |
| 0:38.0 | To so many people who are starting to realize that if they keep doing what they're doing, |
| 0:45.0 | they are going to be in desperate financial problems by the time they get to retirement. |
| 0:49.0 | And they're looking for some way to break out of the mindset that is taught in all financial |
| 0:57.8 | advice in the entire financial services industry and that is that you can't invest on your own. And as a result, you're stuck in a |
| 1:05.1 | certain limited rate of return and you do the numbers and you realize, I'm screwed if I do |
| 1:10.6 | that if I follow what they say. So the problem that most people get into is that you know the the path down |
| 1:19.7 | which you go to become very successful financially as an investor is a very well beaten path. |
| 1:26.7 | People have been doing this kind of investing, this sort of value investing, you know, for 85 years |
| 1:32.4 | and it's been successful for huge numbers of people and yet |
| 1:37.0 | people run into all sorts of things that prevent them from doing this and this |
| 1:41.5 | podcast which are very real which are very real real real problems |
| 1:45.2 | in their lives to find time to find the ability to find the |
| 1:48.4 | to overcome fear oh but you know what I'm sorry no those are all those are all I'm gonna I'm sorry. I'm sorry everyone listening but this is actually awesome because it means you can change it. Those are all I had an amazing mentor early on in my like late 20s and every time someone says that I don't have time |
| 2:06.2 | You know I don't have enough information I blah whatever that is the thing she put at the end of that is so I don't have to. |
| 2:14.3 | Oh yeah, that's good. |
... |
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