A Finance Masterclass for Smart People Who Aren’t Interested in Money & Finance 💡 (ch 10)

Everything I didn’t know I should know about finance in one unbiased video, in terms even a true dumb-dumb like myself at 29 could understand. Not me over here thinking I was smart for not investing my money??? Why don't our public schools, funded by taxes, teach us this? OH RIGHTTTT I'm on to y'all. Let me teach you everything (the pros and cons) about stocks, ETFs, IRAs, retirements, crypto, real estate, being abroad, and my overall philosophy toward money. This is the Non-Finance Person’s Finance Masterclass™️ Just remember guys: "None of this is financial advice" 🤣 I've really had enough...

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💡 Timestamps
0:00 Some people are so poor, all they have is money
3:45 My beef with finance
6:00 I’ve hired 7 accountants for advice
7:10 Pros & cons of Self-employment vs Being employed
13:19 Where to put your money + Inflation
15:00 All the taxes we pay 🥴
23:00 How the rich do it
25:58 Brokerage accounts
29:40 Capital gains
31:00 Investment simulations
34:52 Stocks & ETFs
41:00 Retirement accounts (IRAs & Roth)
44:16 Lump sum vs Dollar cost averaging
46:15 Real estate
55:16 Crypto
56:38 The being abroad part...
1:01 A winning financial mindset
1:04 The philosophy of money

💡 These books are actually good, easy to digest, and non-dusty.
I Will Teach You To Be Rich https://amzn.to/3lAXdh3
The Psychology of Money https://amzn.to/3yO6gCX
Rich Dad Poor Dad https://amzn.to/3wL8gsW
The Simple Path to Wealth https://amzn.to/3MSq1Od
How to Worry Less About Money https://amzn.to/3MPeAGE

💡 The videos that were helpful
Shout out to four people who helped me: Elena Taber, Nathaniel Drew, Ashley, and Sorelle Amore. Links to everything they’re about down below.

Sorelle Amore (watch every video)    / sorelleamorefinance  

Sorelle & Leon’s company Abundantia https://www.abundantia.co/

Alan Watts What if money was no object?    • What If Money Was No Object? - Alan W...  

Elena Taber Finance playlist    • How to Start Investing for Beginners ...  

Alex Hormozi (love this man. rich AF but you can tell he’s a good person)    / alexhormozi  

Leila Hormozi (love this woman. rich AF but you can tell she’s a good person)    / @leilahormozi  

Rich Dad Poor Dad audiobook (I listened to it here)    • Rich dad poor dad Robert Kiyosaki Aud...  

Nathaniel Drew (my dude sat with me and helped me set up my vanguard)    / nathanieldrewofficial  

Monica Hernandez (i just like her way of talking realistically about money)    • storytime: going into debt, financial...  

Our Rich Journey (they make me feel like this isn’t doom and gloom)    / ourrichjourney  

MeetKevin (helpful to see that just how much people are putting where, in perspective)    • Видео  

Graham Stephen The Iced Coffee Hour (he interviews guests and asks them where they put they money)    / theicedcoffeehour  

💡 The sites that were helpful
Nerdwallet https://www.nerdwallet.com/
Investopedia https://www.investopedia.com/financia...
The Existential Therapy class I took https://www.udemy.com/course/existent...
#DamonDominique #Finance #FinancialLiteracy