13 min listen
Know What You Bias
ratings:
Length:
11 minutes
Released:
Jan 11, 2023
Format:
Podcast episode
Description
I had a coaching call with a great individual. And we talked about how I work and how I have designed how I invest and build my businesses around all the things that I know I'm biased towards. And I was talking to him about the importance of knowing your bias...I bias being as efficient as possible. So, I hate wasting effort. I hate wasting energy, and I hate wasting my time. I hate doing the same tedious work over and over and over again.But how would these principles translate into investing?Join me as I discuss the essence of determining your bias in investing. See you on the inside!Episode highlights:00:00 Welcome to The Boring Money Show01:07 What is your bias?01:55 The importance of knowing your bias before investing03:10 Mr. Boring Money (MBM) investment approach in producing a great cash flow04:39 The strategic technique that turned MBM's investment into a radical change06:04 What are the painful losses that MBM has to deal with?07:14 Why do you need to be honest in your desires?08:30 “Don't judge yourself for wanting more income.”09:58 Share what your biases are in our community!If you enjoyed this episode, be sure to subscribe, tune in and share this podcast!Resources:○ The Boring Money ROI Cash Flow Calculator: https://www.mrboringmoney.com/cashflowcalculator ○ Visit The Boring Money Show website: www.mrboringmoney.com Subscribe: ○ Subscribe on YouTube: https://www.youtube.com/channel/UCFLP5xWwzkX11g7xFDpUFLg Connect with Mr. Boring Money:○ Follow us on Facebook: https://www.facebook.com/mrboringmoney ○ Follow us on Instagram: https://www.instagram.com/mrboringmoney/ ○ Follow us on TikTok: https://www.tiktok.com/@mr_boring_money ○ Send your enquiries or drop by to say hello: iggy@mrboringmoney.com ○ Join The Boring Money Show community on U-Lync: https://www.u-lync.com/members/9885368 And remember… Stay calm, print money and live life on your terms.DISCLAIMER:All information I share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.See omnystudio.com/listener for privacy information.
Released:
Jan 11, 2023
Format:
Podcast episode
Titles in the series (32)
Creating An Unfair Advantage With Your Investments by The Boring Money Show