Revealed... How Your Food Choices Effect Your Investing

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 3 July 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Did you know your food choices effect your investing? Take the time to think about investing and the importance of knowing what you're getting into. Just like you should understand the food you eat, you should understand your investments. Our brains look for shortcuts, but skipping the details can lead to poor decisions. Whether it's food or stocks, doing the homework is crucial.

This week we discuss...

The differences in food ingredients in the US, which use artificial dyes and corn syrup, compared to other countries that use natural ingredients.
How the brain's pattern recognition and shortcuts can affect investing and emphasizes the importance of doing thorough research.
How few people actually do the hard work and most rely on others.
The need to understand what you are investing in just like you need to understanding what you are eating.
The importance of understanding market trends, particularly in gold and silver.
Using caution when investing in gold miners due to their volatility and boom-bust cycles.
The benefits of investing in royalty companies for their low capital requirements and consistent returns.
Happy Independence Day!

For more information, visit the show notes at https://moneytreepodcast.com/your-food-choices-effect-your-investing-621

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Phil Weiss | Apprise Wealth Management

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For more information, visit the show notes at https://moneytreepodcast.com/your-food-choices-effect-your-investing-621

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	Hello, Smart Money Tree Podcasts,
0:12.0	listeners, welcome this week's show.
0:14.0	My name is Kirk Chisholm, I'll be your host, and I'm once again joined with my good friend Phil Weiss.
0:18.0	Hey, Phil.
0:19.0	Hey, Kirk, happy to be here today.
0:20.0	Happy Friday. It is a happy Friday, Phil. Hey, Kirk, happy to be here today. Happy Friday.
0:22.3	It is a happy Friday.
0:29.3	Yes, the week is over, and the debate is over, and the holiday week is just getting started.
0:38.8	So I don't know about you, but I don't know what took me so long, but it was about maybe five, six years ago and I actually realized that this is one of the three weeks of the year that are phenomenal. Because if July 4th happens on a Tuesday, Wednesday,
0:44.7	or Thursday, the whole week is basically a vacation. You can't find people after. You can't find people
0:50.3	before. So why I just take the whole week off? Because no one's doing anything anymore. And the same is true for Christmas and New Year's. If you can get those lined up,
0:59.0	you're in good shape. You're having a good year. Now, if it happens on a Monday or Friday or the
1:02.6	weekend, well, your rest of all. But for three out of seven years, you're in luck.
1:09.3	I know on Tuesday, I'm not working at all because I'm taking my daughter to college orientation
1:13.9	and then I'm just meeting people like little bits. I'm not as big a fan when the holiday's in
1:19.7	the middle of the week. It's a little bit. I don't know. I like it when it's closer to the weekend.
1:23.0	It just makes it easier to schedule other stuff. It's going to be a light week. That's for sure.
1:28.4	And that's always welcome, especially when the weather's nice so you can get outside. Frankly, I think they
1:32.7	totally screwed up with Juneteenth, because Juneteenth's the floating holiday. You know, they should
1:36.8	have done on a Monday. Why couldn't they pick a better number? Like, why Juneteenth? I know some
	...

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