4.8 • 868 Ratings
🗓️ 19 December 2017
⏱️ 91 minutes
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Ben has entered the cryptocurrency market with some speculative “investments” in Bitcoin. And the guys take a shallow dive into the world of personal finance before turning to some interesting […]
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0:00.0 | Hello and welcome to episode 118 of the Thinking El-Sat podcast in Los Angeles. I'm Nathan Fox with me in Washington. on the invested in Bitcoin which makes it sort of I actually I shouldn't use that word I shouldn't say |
0:26.7 | invested I've put in some bets on Bitcoin and that's made my life interesting because I oscillate between like |
0:36.5 | What's going on in Bitcoin too? It doesn't matter |
0:40.8 | I'll just wait and see what happens because either it's going to crash and I'll lose everything that I've put in or hey it might double and then I'll be mildly excited about that. |
0:50.0 | I don't think the word is invest, I the word is speculate yeah speculate bet whatever yeah yeah that's interesting are you like are you normally like an investor like stock market kind of a guy or real estate |
1:04.9 | kind of a guy or what no not at all it's too boring because you know 5% a year |
1:09.7 | it just I don't know makes me cry rather focus on the L set I know that's not wise but I just |
1:18.5 | have never really been interested in it so you mean you well surely you're saving money for retirement or whatever? |
1:25.0 | Uh, yeah, yeah. I save the money that I don't spend, but I haven't done a good job of investing it. |
1:33.4 | Oh that's so interesting that doesn't that's a non-Bin-Olsen kind of a thing to be saying |
1:39.4 | right now that's outer character. |
1:42.4 | Yeah. That's outer character. |
1:43.0 | Yeah, well, to bring some, it's ironic that we're talking about this because I'm actually going to talk with someone tomorrow who |
1:58.7 | sort of provides advice as to how to know your finances and stuff based on the long haul. Part of me |
2:10.0 | it wants to do that responsibly etc but another part of me says like |
2:17.0 | My situation I feel like our situation is just different than most people's so I think a lot of people get a fixed |
2:23.3 | paycheck and then they you know they save some of that and so forth whereas I |
2:30.1 | don't know I just I feel like there's a decent amount of volatility and just |
2:37.6 | focusing on growing the business has done more than worrying about investing. |
2:42.0 | I see. |
2:44.0 | Interesting. |
2:45.0 | Interesting. |
... |
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