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
How They Caught The Golden State Killer
This video includes a discussion of serious crimes, which may be disturbing for some viewers, so I wanted to let you know that upfront. But I think it’s necessary to talk about these crimes in some detail for reasons that will become apparent. In the smal…
The 2022 Recession: How To Prepare For The Next Market Crash
So over the past few years, we’ve been through a lot of hardship. No doubt it’s been pretty tough, so tough that the Federal Reserve has stepped in to wind up that money printer to help individuals and businesses get through such an uncertain and interrup…
Celsius Made His Thermometer Upside Down
DEREK: How did Celsius define his scale? MICHAEL: Uh… He took the temperature water freezes at and said that’s zero and then he took the temperature it boils at and says that’s a hundred. And he figured a hundred was a good amount of demarcations to make…
The Berkshire Empire: Hidden Truth of Buffett and Munger's Success | 2023 Documentary
After winning a hostile takeover battle against Berkshire Hathaway, Buffett now fully controls the textile company. But he quickly realizes that he has made a grave mistake. Part of the partnership was buying what looked like cheap stocks; Berkshire Hatha…
Midpoint sums | Accumulation and Riemann sums | AP Calculus AB | Khan Academy
What we want to do in this video is get an understanding of how we can approximate the area under a curve. For the sake of an example, we’ll use the curve ( y = x^2 + 1 ). Let’s think about the area under this curve above the x-axis from ( x = -1 ) to ( …
I'm quitting my med school
I’m quitting from my med school. If you have been following this channel for a while, and if you have ever watched my med school vlogs, you might think that, “Oh, I knew that because this girl was so unmotivated to go to med school.” She was doing all of …