Kerry Lutz's--Financial Survival Network

Summary:
Wondering how to take initiative and create your own destiny? Mark Yegge comes on the show to address this, and gives five great tips on how to adjust your mindset for success. Having built and sold several businesses that yielded him a large profit, he has key insights on the necessary components required for successful investing. It’s crucial to eliminate emotions in your investments, educate yourself, possess a diverse asset portfolio, and implement a few other important practices. Tune in to find out how you can enhance your thinking and make decisions that will benefit you in the long run.

Highlights:
-Mark Yegge has built and sold several businesses for a substantial amount of money
-We discuss things you can start doing immediately to create your own destiny, which requires the proper investor attitude
-The mindset is 90% investing—navigating the complex economic landscape
-You must eliminate emotions in your investments and decision making, and start taking action
-There isn’t always enough curriculum built around financial literacy in schools, which makes it important to take time to learn these things
-Not everything is as it seems
-It’s good to have sets of alternative assets
-We won’t go away from using the dollar every day; cryptocurrency will merely become part of this equation
-With covered calls, Yegge’s company uses a market timing component
-With real estate, it’s important to have good credit
-With the stock market, it’s good to possess a diversification of assets

Useful Links:
Financial Survival Network
Destiny Creation

Summary:
How do you live your best life despite what is happening around you? I sit down with JP Pawliw-Fry to talk about dealing with adversity, especially as we dive into 2022. His vision emerged when he was at a Buddhist monastery and learned more about managing emotions and maintaining peace. We are generally as happy as we allow ourselves to be, so it’s highly important to look at your habits, relationships, and circumstances to know yourself better and gauge what changes may need to occur.

Highlights:
-Pawliw-Fry’s vision emerged when he was at a Buddhist monastery and learned about managing emotions and maintaining peace
-We oftentimes find ourselves suffering more than we need to
-People are generally as happy as they allow themselves to be
-50% of happiness comes from within, and the other 50% comes from the situation we find ourselves in; this drives behavior
-When you look at the science, happiness is more driven by intention
-If you notice that someone in your life is unhealthy, you need to decide if this relationship is serving you. Boundaries are extremely important
-It’s important to understand what you do under pressure—do you approach or avoid?
-How you start your day can also play a large role in your outlook on life

Useful Links:
Financial Survival Network
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