yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

My Tips for Dealing with Uncertainty Like What the U.S. is Facing Today


2m read
·Nov 8, 2024

But what can the individual do? And just to summarize, what can the collective do to stop or slow the decline that clearly, you know, you can measure has occurred?

First, be financially strong. Have a good income and balance sheet. Think about how many months or years you could live if you didn't have an income. The more financial security you have, the more maneuverability you have both to protect yourself on the downside and to take advantage of opportunities.

Know how to achieve a balanced portfolio; this is very important, I think, financially. And then, be with people—your community is the source of happiness. Psychologists have studied that, above a basic level, income is not a source of happiness. Community is the highest ranked source of happiness.

So, how you work well with others is crucial. I think meaningful work and meaningful relationships are vital to being productive and to also have the joy of those relationships. I think it is of paramount importance.

Then, also realize what the risks are. That's why I wrote them in the book. You know, the risks of—well, there are many kinds of risks. Do you understand those risks? And where are you? Where do you live? What are those risks?

It’s important to recognize that the world is domestically and internationally breaking into different ideologies and different economic systems, really. That happens state by state, as well as around the world.

Understand which are the places that are the best for you in those circumstances, and be aware of those risks.

More Articles

View All
2011 Calculus AB Free Response #1 parts b c d | AP Calculus AB | Khan Academy
Alright, now let’s tackle Part B. Find the average velocity of the particle for the time period from zero is less than or equal to T is less than or equal to 6. So our average velocity, that’s just going to be our change in position, which we could view …
Power dissipation in resistors in series versus in parallel
A student builds a circuit with a battery and two light bulbs in series. Then the student builds a second circuit with two light bulbs in parallel. Which battery runs out of power first? Assume all bulbs have equal resistance. Assume both batteries have …
Sexy Storm Troopers AND Tron Dogs: IMG! episode 10
Cats and dogs cooperating and zombie versions of Master Chief, Princess Peach, and Pikachu. It’s episode 10 of IMG. Here’s something for people who like silly bands but also like to keep their wrist jewelry x-rated. And how can I keep my data safe? Oh, I…
Why I'm Leaving California
Growing number of its residents are packing up and moving out. Experts say over the past decade, around 150,000 people have left the state. The U.S. Census Bureau says California had a net loss of 190,000 people last year. “I’m out of here. When do you l…
How I Won The CNBC Stock Pickers Award 2
There’s a misinformed market about this, and I’d have to disclose, you know, I run on building indexes with FTSE Russell. I’m gonna disclose something today: I won the CNBC Stocktaking Contest yesterday. We’ve got that picture of that thing here somewhere…
Warren Buffett Explains How To Invest During High Inflation
Well, inflation it’s a really hot topic right now. We’ve seen the Fed saying this inflation we’re seeing now is short term, you know, nothing to worry about. Then, on the other hand, we’ve seen Warren Buffett talking about how he’s seeing big inflation th…