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Know What You Bias

Know What You Bias

FromThe Boring Money Show


Know What You Bias

FromThe Boring Money Show

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)

Mr. Boring Money American business owner Iggy Odighizuwa, also known as Mr. Boring Money, ventures into podcasting to share the investment principles he has been fortunate to learn to help people produce more money. In line with his tagline, 'Stay Calm, Print Money, and Live Life On Your Terms,' Mr. Boring Money sees the blockchain as an incredible opportunity to build a good cash flow while leveraging systems & automation to protect your accounts from getting hacked by bad parties. 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.