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
You Can't Win Until You Overcome These Obstacles
It’s just a matter of time until you have to overcome these, so you might as well get ready. Here are 15 obstacles you will be facing in life. Welcome to alux.com, the place where future billionaires come to get inspired. Number one: your parents’ limite…
Second derivative test | Using derivatives to analyze functions | AP Calculus AB | Khan Academy
So what I want to do in this video is familiarize ourselves with the second derivative test. Before I even get into the nitty-gritty of it, I really just want to get an intuitive feel for what the second derivative test is telling us. So let me just draw…
Treating systems (the hard way) | Forces and Newton's laws of motion | Physics | Khan Academy
All right, this problem is a classic. You’re going to see this in basically every single physics textbook. The problem is this: if you’ve got two masses tied together by a rope and that rope passes over a pulley, what’s the acceleration of the masses? In …
THE JUMP BATTLE!!!
Dude, I got an idea! I challenged you to a jump off. A jump off? What the heck’s a jump off? There’s not much to it! Watch this. The [Music] bucket. Is that all there is to a jump off? Wheelbarrow! Yeah, you think you’re something? How about this? Two …
How do QR codes work? (I built one myself to find out)
When QR codes first came out, I thought they were awful, never going to catch on. This is a flow chart from the time that really resonated with me. The problem as I saw it was that QR codes are ugly, and they mean nothing to people. I would rather just se…
You're Either An Entrepreneur or You're WASTING MONEY | Randall Kaplan pt. 2
What is an entrepreneur, and can you learn to be one, or does it have to be in your DNA? When I was a young kid, I always knew I was going to start companies, but can you learn it if you’re not born with that gene? This is the age-old question you’ve rai…