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Lewis Howes

πŸ‘€ Speaker
See mentions of this person in podcasts
50308 total appearances
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Appearances Over Time

Podcast Appearances

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

It's not as heavy handed.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

That's good.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

Because now you're learning through their mistake and me pointing out, hey, if you invested this much, you could have this much in retirement.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

Wow.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

And I convinced an 18-year-old day trader to open a Roth IRA and invest instead.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

Right there?

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

He said, I've never heard of investing.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

What is that?

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

I said, you know how to day trade, but you don't know what investing is?

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

And I said, if you delete the day trading app, I'll give you our budgeting app every dollar.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

I will show you how to open a Roth IRA so that you're actually building for the future instead of speculating, hoping to make a buck.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

And so that was, I feel like I did a good deed that day.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

What's the difference between day trading and prediction markets?

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

You know, they're very similar in that they're both speculation.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

You're just sort of fingers crossed.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

It's gambling, but it's better branding.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

I find day traders tend to be more sophisticated because it is more, you need to have more know-how.

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

Anybody can say, you know, what's going to happen on the news and what's going to happen?

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

Is this trade of Hormuz going to open this week?

The School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel

Yes or no?