8 Key Lessons from the Ultralearning Experiment
39 min

Last year, I conducted an experiment in Ultralearning that I hoped would help me achieve a lifelong dream of mine of writing and releasing an album.

I’m happy to say it was far more successful than I ever imagined it would be!

As I mentioned in the initial Ultralearning podcast episode, the hope for the 3-month experiment was that it would accelerate my progress towards my goal and make the process more enjoyable.

Well, it did all that and more…

I ended up finishing a song during that 3-month experiment and I can’t believe it but I just released that single today!

Not only did I write a song during the experiment, I continued writing music since then and I now have enough material for an album!

Never in my wildest dreams would I have thought this experiment would help me make so much progress but it has! In today’s podcast episode, I go through everything I learned and explain why the Ultralearning Experiment helped me push past the self-doubt and self-destructive habits that have plagued me in the past.

I also describe the new routines the experiment helped me develop and why those new habits have allowed me accomplish more than I ever have before!

Highlights

  • How to get your brain ready (and why it’s essential for making progress)
  • The best way to make developing new habits easier
  • What you should focus on and why
  • How to be original and creative
  • Why you should make your project “real” (even if it makes you feel silly)
  • When it’s worth spending more money instead of less
  • Why you should expect to encounter the “gap” and how to get over it
Be Wealthy & Smart
Be Wealthy & Smart
Linda P. Jones
Are Digital Currencies About to Go Mainstream?
Learn why digital currencies may be about to be legislated and accepted and used by the mainstream. Central bank digital currencies (CBDCs) are going to be used as digital currencies and institutional investors are getting invested in this asset class. Are you investing well for financial freedom...or not? As we live our lives, we have seen enormous money be made in real estate, technology stocks, etc. and have seen wild swings in markets before. They can feel scary at the time, but in hindsight are often tremendous opportunities for future financial success. If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars. Your compounding rate, and how well you invest, matters! INTERESTED IN THE BE WEALTHY & SMART VIP EXPERIENCE? -Asset allocation model with ticker symbols and % to invest -Monthly investing webinars with Linda -Private Facebook group with daily insights -Weekly stock market commentary email -Lifetime access -US and foreign investors, no minimum $ amount required Extending the Black Friday week offer, enjoy a 50% savings on the VIP Experience. More information is here or have a complimentary consultation with Linda to answer your questions. For an appointment to talk, click here: https://2909395.survey.fm/application-for-vip-experience PLEASE REVIEW THE SHOW ON ITUNES If you enjoyed this episode, please subscribe and leave a review. I love hearing from you! I so appreciate it! SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed WEALTH HEIRESS TV Please subscribe to Wealth Heiress TV YouTube channel (it’s not just for women, it’s for men too!), here. PLEASE LEAVE A BOOK REVIEW Leave a book review on Amazon here. Get my book, “You’re Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!” Men love it too! After all, you are Wealth Heirs. :) Available for purchase on Amazon. International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning. Use the search bar in the upper right corner of the page to search topics. TODAY'S SPONSOR I want to take a few seconds to tell you about how I “read” more books and stay ahead of the curve. It’s by not reading books, but instead listening to them – like you are right now! With Audible, there are over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player and…your first audiobook is FREE! I suggest you get the audio book of Think and Grow Rich, or you can check out my website Resources page where I list all of my favorite financial books and you see exactly what books I have read and recommend you read. Then get started with Audible by visiting https://lindapjones.com/FreeBook and order your first audio book free! Get Think and Grow Rich or another book from my recommend list, and be sure to get started checking off the books you want to read with your free book from Audible! Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom. (Some links are affiliate links. There is no additional cost to you.)
24 min
Optimal Finance Daily
Optimal Finance Daily
Diania Merriam | Optimal Living Daily
1363: How Investment Newsletters "Beat" the Market by Darrow Kirkpatrick of Can I Retire Yet
Darrow Kirkpatrick talks about how investment newsletters "beat" the market. Episode 1363: How Investment Newsletters "Beat" the Market by Darrow Kirkpatrick of Can I Retire Yet Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience. When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did. More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design. The original post is located here:  https://www.caniretireyet.com/how-investment-newsletters-beat-the-market/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Want to make more money, change industries, work from home, get a promotion or improve your work/life balance? Find Your Dream Job will show you exactly how to do it. Sign up for more information at IWT.com/podcastDJ Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
11 min
Millennial Money
Millennial Money
Shannah Compton Game
The Insiders Secrets to Know Your Value, Master Negotiation, and Take Back Your Life and Career Next Year | Jacqueline Twillie
Are you looking at your career this year and thinking it just isn’t riding on the fast lane as you had hoped? You’re so not alone. This year has been rough on many careers and salaries, not to mention working at home juggling your partner’s weird snack breaks and your neighbor who likes to run the lawnmower just when you’re hopping on a Zoom call. But I don’t want you to stay stuck. Jacqueline Twillie is back to share the insider secrets to know your value (aka how to fatten up your paycheck), master negotiation (without breaking out in a sweat), and take back your life and career next year. Meet Jacqueline When it comes to career advice, Jacqueline is my go-to. She’s been on the show a few times and is an auntie, latte lover, President of ZeroGap, passionate about ending the wage gap, 2 times best selling author, and a Saints fan. She’s coined the phrase, Nah, I know my value, and in this episode, she’s going to teach you how to know your value as well to earn more and live better. What You'll Learn * How to truly know your value * What we get wrong with knowing our value *  Ways to communicate your value to your boss or potential hires * 5 lies about negotiation that are keeping you stuck * Jacqueline's insider secrets to earning more and living better * How to negotiate for expenses when you work from home Links * ZeroGap * Jacqueline's website * Winning Season podcast Episode Sponsors Thanks to Fundrise for sponsoring this episode. Start building your better portfolio today! Get started at Fundrise.com/mymoney to have your first NINETY days of advisory fees waived. Thanks to Splitit for sponsoring this episode. Split your payments and live big. Go to Splitit.com today. SUBSCRIBE & SHARE Want to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE! 👉 Sign up for my weekly LET’S TALK MONEY email newsletter. Ask Shannah Have an Ask Shannah question, submit it here Get Social * Shannah on Twitter * Shannah on Instagram
42 min
Invest Like a Boss
Invest Like a Boss
Sam Marks & Johnny FD
162: Farmland Investing with AcreTrader CEO Carter Malloy
Carter grew up in a farming family and has a lifelong passion for investing and agriculture. Prior to AcreTrader, he was part of an equity investment firm for 5 years. Before joining in 2013, Carter was a Managing Director with Stephens Inc., a large private investment bank, where he was an equity research analyst focused on the Internet, Data & Analytics and Real Estate Processing sectors. Prior to Stephens, he owned small businesses focused on internet marketing and sustainable fuel technologies. He graduated from the University of Arkansas with a bachelor’s degree in Physics and has previously held Series 7, 63, 86 and 87 licenses with the Financial Industry Regulatory Authority (FINRA). Listen to ILAB 162 on iTunes here or subscribe on your favorite podcast app. Where we are: * Johnny FD – Sri Lanka / IG @johnnyfdk * Sam Marks – North Carolina / IG @imsammarks * Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: * Indeed Get a $75 credit to boost your job post and find your next hire faster * Support Invest Like a Boss: Join our Patreon Discussed: * AcreTrader Like these investments? Try them with these special ILAB links: * ArtofFX – Start with just a $10,000 account (reduced from $25,000) * Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) * Betterment – Get up to 1 year managed free * Wealthfront – Get your first $15,000 managed free * PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: * 07:50 – How did you get into farmland and agriculture? * 08:30 – Before AcreTrader, how was farmland purchased? * 10:22 – What is the usual size of these farms? * 12:02 – Why farmland and not commercial or residential real estate? * 15:15 – How does farmland outperform other asset classes? * 18:25 – How long do you hold onto the land for? * 18:39 – Are you concerned about the land depreciating because of bad farming practices? * 20:26 – How long do farmers usually rent the land? * 21:09 – How does it work for investors? * 23:06 – How often does the investor get paid? * 25:45 – Does the rental change depending on the farm? * 27:03 – Do you normally list farms weekly? * 28:09 – What is your investment range? * 30:06 – What crops are the most profitable? * 34:30 – How long are the investments? * 37:48 – How are the taxes treated? * 36:55 – Who can invest? * 39:48 – Johnny & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2020. All rights reserved. Read our disclaimer here.
56 min
You Need A Budget (YNAB)
You Need A Budget (YNAB)
Jesse Mecham
Tackling Fear
The end of the year is nigh, and 2020 has been one of the most stressful in recent memory. Jesse offers some advice for those dealing with fear and anxiety during these times. During times of fear and uncertainty, Jesse draws on Stephen R. Covey's seminal book The 7 Habits of Highly Effective People. The first habit is to be proactive and take responsibility for your reactions to events. To that end, Covey asks readers to consider their circle of influence -- What do you control? Where do you not have control? Drawing a very clear picture of your circle of influence, and defining what you don't control, can help with realizing what things you ought to be fear and what things are outside your influence, and thus should be outside your concern (or at least unworthy of spending mental bandwidth on). When people start budgeting, they often can't control what they make, but they can control some of things they spend on. So focusing on spending, giving their money a job, and following the four steps brings their attention to concrete, actionable things within their circle of influence. Secondly, Jesse recommends learning more about the things you are fearful of. What information could you gather about a topic that would help you better understand it? If you are fearful about money, how about understanding how much you have in your checking account right now? Then take another step. What does that money need to do between now and the next time you get paid? Gathering data points and information about the things causing you fear and anxiety can help make them seem more manageable. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com
7 min
Build Wealth Canada Podcast
Build Wealth Canada Podcast
Kornel Szrejber: Investor
How To Structure Your Investments For An Early Retirement
In this episode, we’re going to cover how you can retire early, or at the very least, semi-retire early so that you have more time for friends, family and recreation. My guest for this month is Mark Seed, who instead of rushing to achieve some giant investment portfolio number and fully retiring to never have to work again, he is instead taking what I believe, is the more efficient, sustainable and fulfilling approach of fully embracing an early semi-retirement, instead of a full stop early retirement. Mark is very much a DIY Canadian investor like myself and has a lot of knowledge when it comes to financial planning here in Canada as he’s actually executing his own early semi-retirement. We have an absolute blast geeking out on these subjects in the interview, and I truly believe that by you listening in, you’ll get some really great actionable insights on how you can optimize your own financial independence and early retirement journey (to get there quicker). Questions: * Where are you right now in terms of your financial independence, retire early journey? * I consider you as part of the FIRE movement, but I know that you also have some problems with it. Can you take us through these issues or concerns? * How are you structuring your portfolio for your early semi-retirement? * Once you pull the trigger and quit your day job in a few years, what is the process and structure that you’re going to follow to allow you to live off your investments? (ex. VPW?) * When it comes to living off your investments in full or semi-retirement, you and I are big fans of the variable percentage withdraw method. Can you talk about what that is for anybody that is not familiar, and why do you like this approach over a more static approach like the 4% rule? * There are many different ways to structure a variable percentage withdraw strategy (ex. Using different spending floors and ceilings, incorporating it with a bucket strategy, etc.). How are you personally structuring your VPW process? * How do you plan on dealing with sequence-of-returns risk in your early retirement? And for anybody not familiar, can you define what sequence-of-returns risk is? * The last time you were on my podcast, I think you mentioned about potentially moving away from your dividend stocks in retirement, and focusing on just a total return approach, and maybe migrating your dividends stocks to passive, broad market index ETFs. What are your thoughts about that now? * I’d like to stress to everybody watching and listening that when it comes to living off your portfolio in early retirement or early semi-retirement, there isn’t one silver bullet solution that’s perfect for everyone. So, a good process is that when you are approaching your financial independence number, start learning about all the different ways that you can structure your portfolio for your early retirement, and then pick and/or modify one so that it’s a good fit for you. Then share that with a good fee for service financial planner to get their take, as you really want a professional 2nd set of eyes on something like this before you pull the early retirement or early semi-retirement trigger. Do you agree with that approach Mark? Free 1 Year Subscription to Canadian MoneySaver Magazine: A big thanks to 5i Research for giving Build Wealth Canada listeners a free 1-year digital subscription to Canadian MoneySaver Magazine (Canada's largest personal finance magazine). You can get the free 1-year subscription by signing up for free 30-day access to all of 5i’s investment research (there’s no credit card required, or anything like that). When you signup for free, you'll receive access to over 70 company reports (perfect if you like to invest in individual stocks too), you’ll get 3 optimized model portfolios, and answers to over 90,000 investing questions, along with the ability to ask your stock and ETF questions directly to the 5i Research team of Analysts. The team at 5i don't sell any investments and they don't get any commissions or bonuses from suggesting stocks and ETFs. I've been using them for years as they are one of the VERY few companies in Canada, that are truly unbiased when it comes to their research and suggestions on stocks and ETFs. You can get free 30-day access to all their research and resources over at buildwealthcanada.ca/research, and as I thank you for trying them out, you'll receive a free 1-year digital subscription to Canadian MoneySaver Magazine, Canada's largest personal finance magazine. I encourage you to check 5i out, it's a great place get some truly unbiased insights on your investments (especially if there is a ETF or stock that you’re considering, and you want an unbiased opinion from a professionally trained financial analyst that isn’t there to sell you anything. You get free access for 30 days, and you'll learn an absolute ton. Top ETFs in Canada Guide & Best High-Interest Savings Account: In this guide, I go over what I personally invest in, and why I invest in it. The investments that I talk about ​are literally where we have almost our entire net worth (apart from our house), and is what we are primarily living off right now in our early retirement. At the very least you’ll learn about some great ETFs to consider for your portfolio, and if you are new to ETFs, it’ll give you a nice list of some top ETFs to consider from the thousands that are out there. The guide is available for free to any listeners that that use my special link to sign up for a free savings account with the bank that I personally use, EQ Bank. The reason that I personally use EQ bank, is that they have one of the highest interest savings rates in Canada (up to 30 times more interest than other banks). It’s also free to sign up and keep an account with them, so you’re not paying a monthly fee like you do with many of the other banks out there. You also get unlimited transactions, unlimited Interac e-transfers, can take out your money at any time if you need it, and there are no minimum balances. Because of those reasons, I’ve been with them ever since they launched in Canada years ago, and it’s where I keep my entire emergency fund and spending money. To get the free high-interest account and the free guide on the top ETFs in Canada, just go to buildwealthcanada.ca/eq, open the free account, and once you’re done, forward any email that you get from EQ to bonus@buildwealthcanada.ca and I’ll send you the full comprehensive guide for free. Links and Resources Mark's Site: MyOwnAdvisor.ca We talked about several free tools that you can use to experiment with the 4% rule, and run analysis to see how sustainable your portfolio is in worst-case scenarios. Here are the different free tools that we talked about on the show: Cfiresim.com Portfoliovisualizer.com Firecalc.com Don’t miss future episodes, giveaways, and free in-depth guides by signing up for free to the Build Wealth Canada Newsletter.
1 hr 24 min
Sound Investing
Sound Investing
Paul Merriman
Supercharge Your Retirement and Make Millions More
In this insightful interview by Doc G of Earn & Invest, authors Rich Buck and Paul Merriman talk about their new book, We’re Talking Millions: 12 Ways To Supercharge Your Retirement. They cover topics such as their long-time professional collaboration, simplicity in investing, risk, beating the market, portfolio recommendations and the magic of compound interest over time. Buy We’re Talking Millions: 12 Ways To Supercharge Your Retirement in Kindle or Amazon Print editions. (Soon to be available at other outlets and on Audible). Watch Paul’s video about the book. Visit the book’s website. Doc G was an internal medicine physician when he discovered the personal finance community through Dr. Jim Dahle’s “The White Coat Investor.” He left clinical practice to pursue his passion for deep conversations about money and life and has found the meaning of “enough” through the FIRE movement (Financial Independence Retire Early). This podcast is part of the educational offerings from The Merriman Financial Education Foundation, a registered 501(c)3.  If you found value in this podcast, here are four ways to support the podcast and our foundation: 1)    Leave a podcast review on your player of choice. 2)    Sign up for our biweekly newsletter at PaulMerriman.com 3)    Use our M1 Finance affiliate link if you are interested in setting up a brokerage account, using our portfolio suggestions. The Foundation will receive a one-time small fee at no cost to you. 4)    Consider making a tax-deductible donation to the Foundation to support our mission to provide financial education to investors.  Thank you!
57 min
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