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
Wabi-Sabi | A Japanese Philosophy of Perfect Imperfection
The pursuit of perfection has become the norm in today’s world, where chronic dissatisfaction, burnout, depression, and anxiety reign supreme. We’ve subjected ourselves to unrealistic standards and rigorously chase an ideal that’s impossible to reach. Adv…
A Little Sea Sick | Wicked Tuna
Like liver, like failing. Your liver failing. Did you puke? No, it’s not my stomach. We’ve been fishing hard for almost five straight weeks now, and I woke up this morning with an excruciating pain in my side. Um, it feels like when my appendix burst. I c…
Phil Town's Stock Portfolio REVEALED! (Rule #1 Fund Annual Report)
Hey guys, welcome back to the channel! In this video, we are going to be talking about Phil Town’s stock and options portfolio because we actually get this revealed to us now. Phil Town has announced, or he has released or filed the first Rule One Fund a…
Spool Trick
Today I’m doing a two-part experiment involving a spool. I’ve wrapped some nylon rope around the spool, and right now it’s coming over the top, as you can see. I’m going to place the spool down beside me, and I’m going to pull the rope horizontally toward…
How To Sell A $13,000,000 Private Jet
Uh, you know what sort of asking price you guys are looking for it? I think on that aircraft, um, is somewhere around 13, uh, 13, 13 and a half, something like that. I’ll have to get the number exactly from James because he’s talking with the owner much m…
Setting Up a Beaver Trap | Life Below Zero
All right, good boys. Oh, this is a spot where I’ve trapped before, but I’ve had problems finding water. If I don’t have water, I’m kind of screwed here. If I got water, I got a chance of making sets. I can punch through the ice in a couple of different …