25 Money Rules You Need To Know (And When To Break Them)

[@BrianFeroldiYT]

Awesome job editing the episode, Chris. Thanks for having me!

[@chris-hutchins]

@@BrianFeroldiYT thanks for joining!

[@pauldrake6624]

A challenge I have with real estate, is that I become emotionally attached and tend to never let it go. Now, I’m not talking about rental properties which I couldn’t wait to dump when the time seemed right. But I have invested in land with recreational value that has increased substantially in value, but I’m reluctant to let it go. So for my personality type, I need to not fool myself that these are investments for financial return, but that they are investments for other reasons.

[@timothykalenga8384]

Reading financial statements

[@jenniferw8963]

If you can do bonus hunting with the emergency fund, it should be a lot easier to have a larger EF. Especially if you can beat the market.

[@tylerapplin6108]

Don't agree with the S&P 500 breaking the rule of 5%. The percentage any one stock is of the S&P changes daily based on market cap, so my percentage is not fixed as if I had a single stock in my brokerage account. I also dont have to rebalance, the fund naturally does it for me with miniscule tax consequences versus rebalancing a brokerage account. Asset location plays a big role in this and exposure without intervention also plays a role for me, aka if something changes in the market do I have to take action or do fund managers?

[@sliq882]

Came here from the the podcast just to ask WHY ARE YOU GUYS YELLING

[@chris-hutchins]

@@sliq882 I don’t think we were, is it more volume or does it actually sound like we’re yelling?