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
Gisele Bündchen: Why I'm Involved | Years of Living Dangerously
I think it’s important for people to take notice about climate change because it is important for our survival. It’s important for everyone’s life. I want to do something now before it’s too late, and that’s why I’m doing this documentary. Quite frankly,…
Erin McCoy and Kevin O'Leary Muskoka boat ride discussing philanthropy
I’m here with my great friend Kevin O’Leary, and we are in the beautiful Muskoka on Lake Joseph. We’re going for a little boat cruise now. Kevin, you and I have a lot in common, and one thing in particular is about educating people on money, especially wo…
From Homeless To Owning A Bugatti | TheStradman
I decided to live in my Audi TT in Beverly Hills, California. I would just stand there on Rodeo Drive for eight to twelve hours a day, just hoping to see cool cars. Every evening, I would park outside McDonald’s, edit my videos, use their free Wi-Fi, post…
Bill Ackman: The Biggest Investing Opportunity of Your Life
I think you can do very well as a stock market investor if you find really high quality companies, and you buy them at attractive prices. I think today, you know, is a pretty good time. It’s a pretty good point of entry. Now, it’s no secret that this year…
How Does The Earth Spin?
[Music] If I, uh, apply a force to the globe, I can actually get it spinning in roughly the same way that the Earth spins. But it is tricky. There’s very little friction on the bottom because of it being supported on this thin layer of water. You can see …
Let It Go, Ride the Wind | The Taoist Philosophy of Lieh Tzu
The ancient Taoist text Zhuangzi describes Lieh Tzu as the sage who rode the wind with an admirable indifference to external things. Thus, in his lightness, he was free from all desires to pursue the things that supposedly make us happy. Lieh Yokuo, also …