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Wondering how to take initiative and create your own destiny? Mark Yegge comes on the show to address this, and gives five great tips on how to adjust your mindset for success. Having built and sold several businesses, plus running investment funds, he has key insights on the necessary components required for successful investing. It’s crucial to eliminate emotions in your investments, educate yourself, possess a diverse asset portfolio, and implement a few other important practices. Tune in to find out how you can enhance your thinking and make decisions that will benefit you in the long run. We also discussed the economy and Fed money-printing, crypto currency, stock, real-estate and stock options. One take away for listeners was:
5 Steps to Navigating An Insane World:
- Take control of your mindset.
- Mindset is 90% of investingTake action (and responsibility).
- Realize that all is not as it seems.
- Look into alternative assets as a part of your allocation (gold, real-estate, crypto, stocks, etc.)
- Hedge your bets by diversifying among asset classes and concentrating WITHIN asset classes.
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To hear the full podcast recording, click below. Enjoy!
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