Wholeheartedly agree with this. I work in an area where complex advice is sought and so often the conversation ends up pulling in much broader considerations. This, like your advice takes years of lived experience to move quickly to the best and most balanced outcomes, notably where the premise of the question posed isn’t quite right. Often having a small amount of knowledge can be worse then having nothing as it can give narrow steering to poor outcomes. Working with an advisor across matters is vital, notably wherein developed economies where individuals face quite a gradient to high/favourable financial security. Surely taking advice on picking your path up the climb, as well as self discipline is the best way to move ahead. On the neural theme(ish) hopefully folks get some dopamine from seeing their results and simply by implementing the small and consistent steps. Not getting it solely from purchasing items they don’t necessarily need!
excellent comment! The more I learn about the world of investing, the more dopamine I get from seeing investment returns and less and less so from material junk. Investing actually helped me become a minimalist. I look at every dollar I spend as from an opportunity cost perspective. The only exceptions would be experiences - massages, travel, food etc. That's because time & energy is the most valuable "asset" we have, so I try to balance investing for the future vs enjoying life now. Thankfully most material possessions don't count toward enjoyment but count as a liability!
An honest and excellent advise video, well done. Thanks Brad.
Wholeheartedly agree with this.
I work in an area where complex advice is sought and so often the conversation ends up pulling in much broader considerations. This, like your advice takes years of lived experience to move quickly to the best and most balanced outcomes, notably where the premise of the question posed isn’t quite right. Often having a small amount of knowledge can be worse then having nothing as it can give narrow steering to poor outcomes.
Working with an advisor across matters is vital, notably wherein developed economies where individuals face quite a gradient to high/favourable financial security. Surely taking advice on picking your path up the climb, as well as self discipline is the best way to move ahead.
On the neural theme(ish) hopefully folks get some dopamine from seeing their results and simply by implementing the small and consistent steps. Not getting it solely from purchasing items they don’t necessarily need!
Well said Keith! Couldn't have said it better myself mate
excellent comment! The more I learn about the world of investing, the more dopamine I get from seeing investment returns and less and less so from material junk. Investing actually helped me become a minimalist. I look at every dollar I spend as from an opportunity cost perspective. The only exceptions would be experiences - massages, travel, food etc. That's because time & energy is the most valuable "asset" we have, so I try to balance investing for the future vs enjoying life now. Thankfully most material possessions don't count toward enjoyment but count as a liability!
Thanks mate! I’ll be studying into self managed super after watching this😊
@@CrazyCdawg good man!
An honest and excellent advise video, well done. Thanks Brad.