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Sim Kaur

๐Ÿ‘ค Speaker
244 total appearances

Appearances Over Time

Podcast Appearances

Friends That Invest
Do This RIGHT NOW during the Iran War

I have an inkling that over the next 20, 30 years, or hopefully the next 10 years that the market rebounds and goes up and that I can retire early.

Friends That Invest
Do This RIGHT NOW during the Iran War

And most people that invest in securities like broad market index funds can hopefully retire early too.

Friends That Invest
Do This RIGHT NOW during the Iran War

However, none of that is guaranteed, but what you can do are these simple five steps that are going to make sure that you can end this episode and like sleep peacefully at night for the next couple of months, because you know, God willing that that's, that's what we're aiming for right now.

Friends That Invest
Do This RIGHT NOW during the Iran War

That that's our threshold.

Friends That Invest
Do This RIGHT NOW during the Iran War

Let's take a little break.

Friends That Invest
Do This RIGHT NOW during the Iran War

Now, back to the show.

Friends That Invest
Do This RIGHT NOW during the Iran War

Step one is go no contact.

Friends That Invest
Do This RIGHT NOW during the Iran War

What we're going to do in the same way that you go no contact with a bad ex or a bad boyfriend or a bad friendship, we're going to go no contact with our investment portfolio.

Friends That Invest
Do This RIGHT NOW during the Iran War

We are not going to check it.

Friends That Invest
Do This RIGHT NOW during the Iran War

We're not going to log in.

Friends That Invest
Do This RIGHT NOW during the Iran War

We're not going to see it.

Friends That Invest
Do This RIGHT NOW during the Iran War

I mean, I made this mistake every morning.

Friends That Invest
Do This RIGHT NOW during the Iran War

I checked my portfolio and for the last three days, back to back every day, it has gone down.

Friends That Invest
Do This RIGHT NOW during the Iran War

And when that happens, you start to then question, should I move things around?

Friends That Invest
Do This RIGHT NOW during the Iran War

Like my Apple shares were doing really well.

Friends That Invest
Do This RIGHT NOW during the Iran War

I was like, should I sell my Apple shares to invest more into VOO?

Friends That Invest
Do This RIGHT NOW during the Iran War

And I was like, Sim,

Friends That Invest
Do This RIGHT NOW during the Iran War

Sim, we know better than this.

Friends That Invest
Do This RIGHT NOW during the Iran War

Stop it.

Friends That Invest
Do This RIGHT NOW during the Iran War

You do not change your portfolio during a down market.