• 5 Questions To Help You Invest Better For Retirement and Life

  • Oct 8 2020
  • Length: 27 mins
  • Podcast

5 Questions To Help You Invest Better For Retirement and Life

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  • Summary

  • 5 questions to ask yourself before investing?

    Invest:

    Def 1

    expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.

    Def 2

    devote (one's time, effort, thoughts, energy, or anything other resource) to a particular undertaking with the expectation of a worthwhile result.

     

    1. What is the minimum desirable objective? What are you solving for?
    2. What sum of resources can I anticipate expending?
    3. What is a reasonable expected result? 
    4. What alternatives exist? Is there a different way to accomplish my objective?
    5. How does this help me accomplish my ultimate goal?

     

    Elon Musk offers his take on how important actively seeking out negative feedback is.

    https://youtu.be/R3iagXcrjzU
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