All Episodes

May 28, 2025 26 mins

Key Takeaways:

  1. Don’t Let Your Brain Trick You: Sometimes we think we know something, but it’s really just an opinion or old belief. That can lead to bad money decisions. It’s important to check the current facts and not just go with your gut which might be based on past experiences.
  2. Be Willing to Change Your Mind: If you keep believing old stuff that’s no longer true, you might miss out on great new opportunities. Learning new things and being open to change helps you grow your wealth.
  3. Bumpy Markets Aren’t Always Bad: When the stock market goes up and down (called “volatility”), it can feel scary—but it’s also when smart investors find good deals. It’s like shopping during a big sale.
  4. Think Long-Term, Not Just Right Now: The best investors don’t get distracted by quick news or hype. They focus on the big picture and wait for their money to grow over time—like planting a tree and giving it time to grow.
  5. Keep Learning and Adjusting: Things change all the time in the money world. If you keep learning and stay flexible, you’ll be ready to make smart moves and avoid mistakes.

Chapters: Timestamp Summary

0:00 Investing in the Obvious Amid Market Volatility

8:36 Inflation, Emotional Spending, and the Quest for Financial Balance

15:07 Volatility in Bitcoin as a Paradigm Shift Opportunity

18:21 Navigating AI Hype and Investment Strategies

21:52 Embracing Change and Evolving Knowledge for Financial Success

 

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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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