You can afford anything but not everything.

Every choice that you make is a trade-off against something else and that doesn't just

apply to your money.

That applies to your time, your focus, your energy, your attention, any limited resource

that you need to manage.

Saying yes to something means that you're saying no to other opportunities.

And that opens up two questions.

What matters most in your life?

And second, how do you align your daily, weekly, monthly yearly decisions to reflect

that?

Answering those two questions is a lifetime practice.

And that's what this podcast is here to explore.

My name is Paula Pant.

I am the host of the Afford Anything Podcast and today, Paul Maramin joins us to discuss

the two fund portfolio.

Paul Maramin is a nationally recognized authority on index fund investing, asset allocation,

both by and hold and active management investing strategies.

Back in the 1960s, Paul was a broker at a big Wall Street firm and he concluded that he

wasn't into it.

Wall Street was, in his view, burdened by too many conflicts of interest and he decided

instead to move towards helping small companies raise venture capital.

In 1979, he became the president and chairman of a public manufacturing company that's

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