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Podcast Appearances
All right, guys, stay break for a second. I'm very excited to have this sponsor on the pod. I briefly mentioned them in the Vivek episode. Vivek was talking about the importance of compound interest without being too nerdy and boring. I think it's really cool what this company Acorns has done. What they're trying to do is get you to actually invest, not gamble.
All right, guys, stay break for a second. I'm very excited to have this sponsor on the pod. I briefly mentioned them in the Vivek episode. Vivek was talking about the importance of compound interest without being too nerdy and boring. I think it's really cool what this company Acorns has done. What they're trying to do is get you to actually invest, not gamble.
What a lot of us do with the stock market right now, not me because I don't know what the hell I'm doing, is gamble, all right? You try to pick a stock. You try to see where it goes. You're not Nancy Pelosi. You're not any of these other politicians. You don't know what's going to happen in the market, and you're trying to time it. And you know who else is trying to time it?
What a lot of us do with the stock market right now, not me because I don't know what the hell I'm doing, is gamble, all right? You try to pick a stock. You try to see where it goes. You're not Nancy Pelosi. You're not any of these other politicians. You don't know what's going to happen in the market, and you're trying to time it. And you know who else is trying to time it?
What a lot of us do with the stock market right now, not me because I don't know what the hell I'm doing, is gamble, all right? You try to pick a stock. You try to see where it goes. You're not Nancy Pelosi. You're not any of these other politicians. You don't know what's going to happen in the market, and you're trying to time it. And you know who else is trying to time it?
Billion and trillion dollar hedge funds and money managers. Like, you're not going to beat them. But what you can do is... You can invest with acorns. And by invest, I mean put money in and let compound interest work for you. You put in and it's the long term. It's over 10 years. It's over 20 years. Vivek was talking about it very eloquently.
Billion and trillion dollar hedge funds and money managers. Like, you're not going to beat them. But what you can do is... You can invest with acorns. And by invest, I mean put money in and let compound interest work for you. You put in and it's the long term. It's over 10 years. It's over 20 years. Vivek was talking about it very eloquently.
Billion and trillion dollar hedge funds and money managers. Like, you're not going to beat them. But what you can do is... You can invest with acorns. And by invest, I mean put money in and let compound interest work for you. You put in and it's the long term. It's over 10 years. It's over 20 years. Vivek was talking about it very eloquently.
But the idea is you're going to invest that money and you're going to let the American economy work for you over a long period of time. How are you going to set your kids up for college? How are you going to set yourself up for retirement? The strategy here is long term. If you're looking for quick money, that's not acorns. Don't use acorns.
But the idea is you're going to invest that money and you're going to let the American economy work for you over a long period of time. How are you going to set your kids up for college? How are you going to set yourself up for retirement? The strategy here is long term. If you're looking for quick money, that's not acorns. Don't use acorns.
But the idea is you're going to invest that money and you're going to let the American economy work for you over a long period of time. How are you going to set your kids up for college? How are you going to set yourself up for retirement? The strategy here is long term. If you're looking for quick money, that's not acorns. Don't use acorns.
But if you're looking to set yourself up and you're looking to provide for yourself in the future and let the American economy work with you, and by the American economy, I mean they're investing this money over tons and tons and tons and tons of stocks, okay? And over the long term, it looks so far so good. Hopefully Donnie T takes it to the moon. Hopefully he doesn't take it down in any way.
But if you're looking to set yourself up and you're looking to provide for yourself in the future and let the American economy work with you, and by the American economy, I mean they're investing this money over tons and tons and tons and tons of stocks, okay? And over the long term, it looks so far so good. Hopefully Donnie T takes it to the moon. Hopefully he doesn't take it down in any way.
But if you're looking to set yourself up and you're looking to provide for yourself in the future and let the American economy work with you, and by the American economy, I mean they're investing this money over tons and tons and tons and tons of stocks, okay? And over the long term, it looks so far so good. Hopefully Donnie T takes it to the moon. Hopefully he doesn't take it down in any way.
But over the long term, you see that growth. And if you want to be investing in that growth, which you should, because that's what these rich people are doing, They're getting all this money because they're leaving their money and getting that compound interest year over year. That's the important thing. You don't need to be rich to start. You should start with whatever money you have.
But over the long term, you see that growth. And if you want to be investing in that growth, which you should, because that's what these rich people are doing, They're getting all this money because they're leaving their money and getting that compound interest year over year. That's the important thing. You don't need to be rich to start. You should start with whatever money you have.
But over the long term, you see that growth. And if you want to be investing in that growth, which you should, because that's what these rich people are doing, They're getting all this money because they're leaving their money and getting that compound interest year over year. That's the important thing. You don't need to be rich to start. You should start with whatever money you have.
Let compound interest do its work. Compound interest, essentially, if you're looking at like, let's say it's a 5% or a 10% return a year. You do that over 20 years, you're actually going to put some real money in your kid's account. You can keep on adding. Throughout your life, if you have it. If you don't have it, you don't have to.
Let compound interest do its work. Compound interest, essentially, if you're looking at like, let's say it's a 5% or a 10% return a year. You do that over 20 years, you're actually going to put some real money in your kid's account. You can keep on adding. Throughout your life, if you have it. If you don't have it, you don't have to.
Let compound interest do its work. Compound interest, essentially, if you're looking at like, let's say it's a 5% or a 10% return a year. You do that over 20 years, you're actually going to put some real money in your kid's account. You can keep on adding. Throughout your life, if you have it. If you don't have it, you don't have to.