Say What Wednesdays

What advice would you give your 21-year-old self?

Today’s question is from Declan, “What advice would you give your 21-year-old self?”

To my 21-year-old self I would have the following advice:

  1. Life is a series of challenges, the more you solve the better your life becomes.
  2. Always continue learning – I thought after Uni I was done studying, but realised that the more you know the more you can solve.
    The more you learn the more you earn – By investing time and money to pick up new skills, you become a more valuable member of your company or organisation.
  3. Value my time more – Think of time as a compounding factor, like an investment – The more you can do earlier, the more the effort will compound over time.
    Plus, opportunity cost now can be represented by putting a dollar value to each hour of your time.
  4. Failure only means there is something else needed – The only shame in failing is if you give up. Failure comes from defectum in Latin, which translated in another way is deficiency. The word failure just means that something else is needing to be done to achieve you goal.

The Great Debate! Managed Funds vs ETFs vs LICs…what they are, how they work and what’s best to invest in

Episode 9 The Great Debate! Managed Funds vs ETFs vs LICs...what they are, how they work and what's best to invest in. The debate! (it’s not time for a math debate, there will be numbers) Please do listen to our episode “Pay yourself” first The choices are: Managed...

Economic sanctions, tariffs and what they mean for both sides

Say What Wednesdays Economic sanctions, tariffs and what they mean for both sides Welcome to Say What Wednesdays - Where We Answer your finance questions Question from Rhys “I’ve been seeing stories on the news about Trump putting tariffs on China and sanctions on...

Bullish Shares versus Bearish Bonds – which one is correct?

Welcome to Finance and Fury The ASX is sitting around a high mark.  But there is a lot of talk about recessions, analysis talking about share corrections, not a lot of optimism – Has there ever been?   Don’t really see many articles with positive outlook on the...

Infinite Banking Concept – can you become your own banker?

Welcome to Finance and Fury, The Say What Wednesday Edition. Where we answer your questions. I'm Louis Strange and today's question comes from Mark. Hi Louis, I just heard about IBC (INFINITE BANKING CONCEPT) and I would like to know your input on it. They are saying...

Should you start a business?

Hello everyone, and Welcome to Finance and Fury. The last episode was about finding the right job, from your purpose in life.  In today’s episode, we will be looking at investing in a business, by creating one. To start: There is lots of work in planning and...

Say What Wednesday: Paying your home loan off with debt

Say What Wednesday Paying your home loan off with debt How can you pay off a mortgage with debt? Velocity banking and Offset accounts This question comes from Tom a podcast listener. He asks “Just wondering if you have ever used Velocity banking at all to pay down...

Why are billionaires in favour of Universal Basic Income?

Welcome to Finance and Fury, the Furious Friday edition.   Last week – went through the rise in billionaires in favour of additional socialist policies – went through why I think this is the case - I think that most of the billionaire class are in favour of calling...

What are the price declines forecasted for the property market?

Welcome to Finance and Fury. Today will be a flow on episode from “What will happen to property prices if we continue along our economic decline?”, which was posted about a month ago. Due to the updated numbers and banks coming out with their forecasts for price...

Furious Fridays: Furious Fridays: The Myth of trickle-down economics

Hey all, and Welcome to Finance and Fury, the Furious Friday edition. Have you ever heard of trickle-down economics? As you know, Friday episodes are here to clear up any misconceptions about economics and politics, and this is the biggest one when it comes to...

What Central Bankers may do in the next financial collapse, if there is ever going to be one!

Welcome to Finance and Fury Today – going to cover the Central banking playbook in the next crisis – If there is ever going to be one! Today – was doing some reading so will have a look at some comments from key central banking figures over the past few years – and...

Pin It on Pinterest

Share This