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
Stringless Yo-Yo!
Can you just like … Yo-Yo like a basic Yo-Yo? Yeah, like this. But this is not a basic Yo-Yo. No! That is awesome! Nicely done! This is Ben Conde, he’s got a brand new channel on YouTube which is about Yo-Yoing like a crazy person. But, I’m going t…
Watch Thousands of Dogs Run Free in This Magical Sanctuary | Short Film Showcase
It was also he was the first dog who got me thinking. So what if I didn’t want to keep? Also, he wasn’t gonna find a woman, anybody else, and he’d be put down. So a hundred dogs became 200 dogs, and then 300 dogs. And then all of a sudden we thought, “Oka…
Don’t Buy A Home In 2023 (The Worst Drop On Record)
What’s up Grandma? It’s guys here. So, 2023 is already off to an interesting start. Movie fans can now sue over a misleading trailer. California is cracking down on fake parking tickets, and we’ve just seen the worst housing decline on record coming in at…
Separation of Powers and Checks and Balances
This is a great excerpt from Federalist 51 by James Madison. Just as a reminder, the Federalist Papers, which were written by Hamilton, Madison, and John Jay, were an attempt to get the Constitution passed, to get it ratified. So these were really kind of…
Peter Lynch Warns About the BIG Danger of Index Funds in Recent Interview (2021)
If you’ve been following this channel, you know Peter Lynch is one of my favorite investors to study. However, Peter Lynch hasn’t given an interview in years. So when he finally gave an interview this past week, it got my full attention. In this intervie…
This Intimate Look at a Woman's Last Days Will Touch Your Soul | National Geographic
I’m not afraid of dying. Sometimes I think dying is a relief. I would rather pass on than to not be able to have any good times. The thing I miss the most is not being able to see the cards and play cards. I miss going to bridge. Can’t eat much at times. …