Welcome to the new season of the RA21 podcast where we explore the fascinating world of artificial intelligence (AI). In today's episode, we delve into the history of AI, examining its origins and how it has evolved over time. We then move on to how AI works, including a deep dive into Chatgpt, one of the most widely used AI models today. Ethics in AI is another topic we cover, discussing the potential impact of AI on society and how to ensure it is used responsibly. We also explore how AI affects our work and job prospects, including the limitations of AI in certain contexts and how to stay relevant in a world where AI is becoming increasingly prevalent. Looking to the future, we discuss how the world will change with the rise of AI and how to future-proof yourself. Finally, we explore the impact of AI on investments and what it means for the financial sector. So sit back, relax, and join us as we embark on a journey to understand AI and its implications for our lives.  

Timestamp 

0:07:22 1. The history of AI 

0:19:10 2. How AI/Chatgpt works? 

0:28:45 3. Ethics in AI 

0:40:24 4. How does AI affect your work and job? The limitations of AI context - how to stay relevant 

1:08:38 5. The future of AI: How the world will change and how to future-proof yourself? 

1:41:21 6. How does this impact investments?  

If you enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q  We are both on Instagram at  @foodnstonks and  @aarongoesglobal

In this new season of the RA21 podcast, we discuss the important skill of goal setting. Whether it is to get healthier, have a fulfilling career, or have monetary goals, the often talked about New Year Resolutions is something we can all strive to do better in. We go in-depth using a 4-decade-old framework for goal setting that has proven effective in setting goals - and helping you crush them.  

If you enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q If you enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q  We are both on Instagram at  @foodnstonks and  @aarongoesglobal

In this episode of the RA21 podcast, we discuss inflation and its repercussions on both personal finance and businesses. What can you do in order to reframe this as an opportunity? 

If you enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q  

We are both on Instagram at  @foodnstonks and  @aarongoesglobal

In this episode of the RA21 podcast, we invite our friends, Azan and Sher, from the Instagram channel, @wearemoneydarlings to address one of the most important aspects of wealth building: relationships. This is perhaps one of the most neglected and underrated aspects of building wealth. This was not an easy episode to film, as we explore relationships in the past, present, and future - on how to best approach them. It is, after all, your biggest adulting decision.

Timestamp Labels
0:02:07.07 "1. Apart from yourself, is your partner the most important investment in your life?"
0:09:56.56 2. Why are financial values important in a relationship?
0:17:01.01 3. Why do so many couples have problems discussing finances?
0:26:28.28 4. How to better deal with disagreements in financial goals?
0:35:13.13 5. Scarcity mindsets in relationships - Time & Money
0:46:58.58 6. Differing speeds of progressions in relationships - What to do when one party is suffering in career/finances/external relationships
1:06:33.33 7. Values in raising kids - when does too much or too little money becomes a pain point?
1:15:55.55 8. When all else fails - how to move on?
1:26:33.33 Q&A
1:26:46.46 Q&A: How do you guys make big purchase decisions together? What do you do if you not agree?
1:39:05.05 Q&A: How do you solve issues on couples not being able to talk about finances calmly and openly?
1:46:20.20 Q&A: How do you solve issues on couples not being able to talk about finances calmly and openly?
2:06:51.51 "Q&A: Gold diggers - are they that bad? How to build a relationship even when partner is not well off, when there's a gap of differences in values and drive."
2:27:23.23 Bonus: Relationship rules that Azan and Sher live by.
2:29:50.50 Conclusion

If you had enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q  We are both on Instagram at  @foodnstonks and  @aarongoesglobal @wearemoneydarlings

In this episode of the RA21 podcast, we talk about diversification and how to defeat diworsification. We discuss at length the broad strokes of why most young adults find it incredibly difficult to concentrate efforts - and attack the most overdecorated advice in personal finance - diversifying yourself. We speak in depth on how to best design a portfolio that addresses diversification correctly through time - instead of what everyday pundits refer to as capital.

Timestamp Topics 

0:00:32 1. Diversification - why mutual funds cannot outperform the S&P500
0:19:06 2. How to diversify - the right way
0:32:57 3. When to concentrate
0:46:37 4. Why concentration is superior
1:03:44 5. Why concentration is detrimental
1:21:17 6. The illusion of being smart
1:32:44 7. Emergency fund - Mr. Murphy
1:46:56 8. Diworsification
1:56:35 Q&A
1:56:47 Q&A: How corporations structure their portfolio to retain wealth
2:02:14 Q&A: Why ARK ETF is the 21st Century Cramer & Co
2:05:35 Q&A:  How to find a suitable index fund for risk-averse investors?
2:09:16 Q&A: Should you diversify under current market conditions?
2:12:48 Q&A: Euro/China/India/Japan/Singapore or world index - which will you choose?
2:17:31 Q&A: Are you into commodities?
2:21:33 Q&A: Will diversifying across different types of assets generate more return than holding just a couple of stocks in the long run?
2:29:38 Q&A:  How can an average joe start besides relying on 1 source of income - how to gather that courage and take the 1st step?
2:36:33 Q&A: Passports & citizenship - diversifying with passports?
2:44:56 Conclusion

If you have enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q 

We are both on Instagram at @foodsnstonks and @aarongoesglobal.

In this episode of the RA21 podcast, we talk about abundance and how to defeat scarcity. We discuss at length the broad strokes of why most young adults find it incredibly difficult to look at the world through a lens of abundance - especially through an Asian education upbringing. And we touch on how to best navigate deep-rooted issues and address them.

Timestamp Topics
0:02:00 1. Why is having the right mindset so important?
0:07:34 2. Why education has failed us in promoting an abundance mindset?
0:31:56 3. What are the pitfalls of scarcity?
0:56:06 4. How does this affect perspectives in asset classes: Stocks
1:05:08 5. Competition: Comparison of scarcity versus abundance
1:12:01 6. How does this affect perspectives in asset classes: Real Estate & Careers
1:33:42 7. How do you prevent too much optimism?
1:53:55 8. Relationships with people - Scarcity and abundance
2:07:46 9. How to train towards an abundance mindset
2:20:10 Q&A: In an ideal world where people live in abundance - how will the economy look like?
2:25:25 Q&A: How to balance prudency & abundance mindset on our journey to FIRE?
2:32:34 Q&A: Is there a relation between a person's financial status to their mindset?
2:51:51 Conclusion

If you have enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q 

We are both on Instagram at @foodsnstonks and @aarongoesglobal.

In this episode of the RA21 podcast, we discuss moonshots and snakeoil. Why are they important? How to differentiate the difference between a scam or a potential 100 bagger? We believe that this is one of the most undercover topics in the realm of investing, and provide some frameworks and discussion on how to best approach them to be a better investor.

Time Label

00:01:14 Announcement: Monetization

00:09:31 What are moonshots and snakeoils?

00:19:42 What is the difference between moonshots and snake oil?

00:28:34 How many percent of your portfolio can you allocate to moonshots?

00:43:30 Examples of moonshots that went bust/ snake oil?

01:01:47 Examples of moonshots that went well?

01:24:06 What to do when moonshots moon?

01:28:27 What to do when moonshots dive?

01:35:56 Are moonshots for everyone?

01:50:26 Why are moonshots important despite the risk?

01:57:40 Q&A: How to manage conviction in moonshots?

02:04:51 Q&A: Example of red flags?

If you had enjoyed this podcast, consider following us here and on YouTube, at https://www.youtube.com/channel/UCeQhdz4jPx1RYHuFzHUkE_Q 

We are both on Instagram at @foodsnstonks and @aarongoesglobal.