I have the Morgan mindset about paying off the mortgage. When I was in junior high school, my Dad lost his job. He came home and said he wasn’t sure they could keep the house. I never wanted to worry. Our home has been paid for - for a long time.
@splinter10126 ай бұрын
Money is a tool. Use it to bring you the happiness you need. Manage your expectations - let them grow over time but not grow faster than your net worth...found that comment especially impactful
@Grâce-n1d4x6 ай бұрын
Thinking that “paying off your house is Stupid” is STUPID itself because you are betting that the Stock Market will NEVER go down!
@user-me3np9cx2d6 ай бұрын
I thought the part about paying off mortgage was interesting.
@14.kudav.soham9b86 ай бұрын
@@neilswenson❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
@natasharobinson33596 ай бұрын
“Wealth is the money that you don’t spend” was my favourite part
Wealth => stuff Cash => Cash Just Google "Wealth" Not hard
@johnmac852512 күн бұрын
A penny saved is a penny earned. I just came up with that
@TickerSymbolYOU6 ай бұрын
It's criminal that KZbin didn't push this podcast to everyone on planet Earth. This should have 12M views. Awesome episode!
@tkppodcast6 ай бұрын
We argree.
@MTXSHO9732vV8SHO5 ай бұрын
Look who's here 😎👍
@pdcdesign96325 ай бұрын
THESE PODCASTS ARE A DIME A DOZEN. THEY TALK ABOUT PEOPLE THAT WRITE ABOUT MAKINGA LOT OF MONEY AND THAT'S NOT SAYING MUCH. IT'S BASICALLY "BUY MY BOOK BRO".
@nedianedia5 ай бұрын
@@tkppodcast
@nedianedia5 ай бұрын
@@tkppodcastooooooooooo pop poooooooooooooooooooooooooooooooo
@Gastyz6 ай бұрын
Im only 25 minutes into this interview and Im already amazed. Lot of topics, quick answers with a lot to think of, a lot of single one liners, golden nuggets to think about. Probably the best Morgan Housel I've seen so far. Congrats.
@Shery20426 ай бұрын
“To be average for an above average period of time’ my new mantra!
@slavchonikolov51155 ай бұрын
That hit hard!
@jimjackson42565 ай бұрын
That shouldn’t be difficult.Is warren buffet an average guy who is average for an above average amount of time?Of course not what a load of crap.
@just_an_observer-k3r4 ай бұрын
what does it mean? Can you also add timestamp.
@jumbothompson3 ай бұрын
I was thinking something a long these lines today and found this interview and Morgan put it into words. I know people that can generate quick cash but it seems like fomo, greed, boredom etc...quickly derail them. It's the disciplined long term thinkers that chip away every single day that end up winning in the end.
@gazwild12 ай бұрын
@@just_an_observer-k3r 1:12:03
@GodGoldGuns-q6d5 ай бұрын
Wealth is the money you don’t spend. Perfect description
@Jranjan216 ай бұрын
Everyone talking about mr.Morgan but the interviewer,o my god ,asking real question.He is like squeezing every drop of juice from the legend.
@Carlos288034 ай бұрын
You made a great point! Morgan Housel is awesome but the interviwer did such a great job!
@tkppodcast2 ай бұрын
Thanks for listening!
@muxi01216 ай бұрын
I listen to every Morgan episode. He says the same things on most episodes but I always come away with something new from it.
@blackchickadee16 ай бұрын
Absolutely! Love each and every interview he’s been on and the takeaways are different every time.’
@manusmanus18366 ай бұрын
Just like Howard Marks, says the same thing about his investment philosophy. Once you know what your values are, consistency is the key to success while respecting those values.
@sideler70576 ай бұрын
Morgan Housel is a treasure. I thought I'd skip through this episode as I've had plenty of Housel in my life through books and podcasts, but there is always another nugget of info I take away from him.
@xiaosimei6 ай бұрын
@@manusmanus1836 wonder where is Howard Marks posted his stuff recently, i just know his memo is one place?
@jeannieneuser53165 ай бұрын
Same! Well said! 🎉😘
@sharadppachisiya32156 ай бұрын
The 'financial optimal decision' vs 'psychological optimal decision' really resonated well and was a unique perspective.
@philipprichardt80575 ай бұрын
My former boss, now a good friend, got a big tax return. His first reaction was "What am I going to do with it, money has to work?" I took this as his greatest advice, coming from a man with humble beginning who turned himself into a multimillionaire. Since then my assets are growing.
@debchalker69006 ай бұрын
I think paying off your house is a great idea. If the stock market drops by 20 to 30% or more it is great stability. Being debt free is the greatest feeling.
@mbican6 ай бұрын
What if the dollar drops by 30%?
@grasmi6 ай бұрын
If you have a 30 year fix at 2.X and want to be conservative, get the cash to pay off the mortgage, and instead of paying off the mortgage, just buy 10y treasuries and pocket the difference. If the yield ever drops below the mortgage rate, just use the cash from the maturing treasuries to pay off the mortgage.
@atdower5 ай бұрын
Why pay off your house faster if you have a 3-4% interest rate?
@vanessazlatic78495 ай бұрын
I waited at a red light today, next to a bus with an ad on it for people who needed help with getting out of debt. And it hit me: I have zero debt! I owe nothing to anyone! Oh, what a feeling, what a rush (as that song says). And I have to mention that "part" of a deversifying portfolio these days (if you really want to feel good about your independence) has nothing to do with stocks, bonds, cash or gold. It's having food in your pantry for about a year. Some poeple may think this is nuts, but let me tell you, it is a feeling as good as the paid off mortgage. And having large stocks of food allows you to replace those necessities only when they are on sale, so you keep saving money long term.
@Catherine_25715 ай бұрын
Property values can plummet. Owning a house is almost the opposite of debt free. Guaranteed taxes. Guaranteed upkeep costs. Guaranteed mental costs. Guaranteed political risk - rebellion, war, etc… good-bye investment. It is a false-and dangerous-sense of security.
@70qq6 ай бұрын
my favorite part is where hes says hes 15-20% cash and paid off his house early , and even though it isnt financially optimal , its what makes him happy and helps him sleep better at night ... my thoughts exactly .. if youre happier doing something that isnt financially optimal , but your in the financial position to be able to do it anyway , choose happiness .. whats the point of financial independence if you have to make choices like youre broke ?
@sallyprzybil24045 ай бұрын
It is financially optimal to pay off your house early. For example I just bought a house at “7%” interest. Loan is $200,000. However, when I looked at the financial loan papers and amortization schedule, the ending amount I will have paid for my house in the end ( without paying anything off early) is 2 1/2 times the agreed on price of the house. So, in the end that’s really a 150% interest paid on the house. The only way to lower that 150% interest payment is to pay off the house early. So, ask yourself, what do you want to pay for your $400,000 house? 400,000? Or as close to that as possible. Or $900,00+?
@bSQUARED085 ай бұрын
@@sallyprzybil2404 the assumption is that the funds used towards paying the house off entirely could be better utilized for higher returns in the market. Of course, Mr. Housel also mentioned that he was on a 3.25% rate on his mortgage. Essentially, if you believe you can collect better than 3.25% returns on an annual basis, you would maximize earnings this way. Goes without saying that his argument is that he chose happiness over returns; I'm simply telling the other side of the equation- agree or disagree 👍🏻
@yagga88855 ай бұрын
@@sallyprzybil2404the same money invested, with compounding, would allow you to accumulate way more than you are saving on loan interest.
@michalsladek88095 ай бұрын
@@sallyprzybil2404 No, it is not in this way. These is not right-same solution for everybody. It is question of lost opportunity and risk tolerance.
@amazinglats60205 ай бұрын
@@sallyprzybil2404it’s not financially optimal, because the stock market has returned 10% per year on average, 10% is more than 7%. But again, it can be great to feel more comfortable and it’s still better than wasting your money.
@Idealgentlemen_6 ай бұрын
For the first time, EVER I think with ANYONE, this was a perfectly worded interview, as unbiased informed and eloquent as could possibly be……kudos man, bravo
@freedomlife36235 ай бұрын
I am with you, Morgen. We paid off our mortgage, travelled the world with money we have after putting away what we needed for retirement investment every year. Money is tool to help us to be happy in life. Peace of mind is so beneficial. FOMO & greed kills financial independence and happiness. Thanks for sharing your insights and wisdom with us. Love both of your book, as well as your podcast. Keep it coming.
@nicholasmartinez60436 ай бұрын
Morgan’s explanations are the index funds of explaining things. Simple, easy to understand but profound in its effectiveness
@ERIKAESPINALchatbox15 ай бұрын
That makes sense. Unlike us, you seem to have the market figured out. Who’s your fiduciary?
@ChelseaHandler-ip4ku5 ай бұрын
That’s true, I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Dustin Dwain King I've worked with him for 9yrs & highly recommend him also
@ERIKAESPINALchatbox15 ай бұрын
Thank you for the tip. It was easy to find your coach. I did my due diligence before scheduling a phone call with him, and he seems highly proficient based on his résumé.
@marklevy17855 ай бұрын
This is probably one of the best videos I have ever watched about investing, money and even life… Don’t have a clue about who this guy is KZbin algorithm took me here, but everything he says is gold
@beerman2046 ай бұрын
Morgan is not about pushing ahead for wealth, but managing the money he has for long term financial security
@vivianledonghae4eify5 ай бұрын
omg, this speaker is speaking the truth. Wealthy ppl never show off and it is super hard to notice that they are wealthy
@Mannie...5 ай бұрын
I can relate to the frugality part it has stuck with me from my single mother who raised me, and with all this inflation and financial chaos, I can switch my life style choices on a blink of an eye according to the current situation and enjoy just as much actually better life even since I have reduced materials possessions and reduced unnecessary liabilities. Feel so light and blessed.
@vanessazlatic78495 ай бұрын
I clicked this completely randomly and then I became ABSORBED. What an interesting man Morgan is! Such profound thoughts about the meaning of money and how it relates to quality of life. I loved this from beginning to end. Thank you.
@Merck0886 ай бұрын
Great questions and you allowed the guest to speak in long chunks. Great interview
@tkppodcast2 ай бұрын
Thank you for listening.
@withwilk74735 ай бұрын
100% agree on paying off a house over the spreadsheet. The thought of having a mortgage for 30+ years and working to pay the bank drains me. Because you might pay it off and then change jobs to a riskier area or go part time and pursue something you never would have whilst carrying that burden. Even owning a smaller property with less upside beats mortgaging a bigger one that requires you to keep peddling up hill
@abdulazizalmaneea1776 ай бұрын
I like Morgan’s insights, they’re simple and practical
@qmam6 ай бұрын
It is crazy, that common sense has to be explained over and over again. I agree, that he is a good story teller and talks about heavy topics in an easy way. More people should watch this!
@mark_tapia4 ай бұрын
"Be average for an above average period of time." Brilliant. That's mine now, thank you.
@jenter39576 ай бұрын
Absolutely incredible interview same as his books. It’s like he’s saying thing which simply make sense, but I’d never think of them otherwise. Thank you for the interview!
@sarahsunsetpark5 ай бұрын
Love this conversation. I love learning from smart people. we don’t have enough of this today. Thank you for sharing. I am now following your channel.
@letslieless22126 ай бұрын
What an incredibly insightful conversation!! Morgan has a simple but precise view of life and personal finance. Really spoke to me and helped me reflect on some of the motivations I have around my career and finances. Thank you for sharing this with the world.
@NikolasMartine0123 күн бұрын
Investing in stocks is planting a tree for your future; with patience, it will bear fruit."
@TeddyAlexanderv623 күн бұрын
Absolutely Just like a tree, investments need time and care to reach their full potential.
@AgnesHarperq3x23 күн бұрын
Working with a financial adviser helped me develop a tailored investment strategy, leading to significant growth in my portfolio.
@MathildaCarina23 күн бұрын
I'd love to be introduced to a trustworthy adviser who can help me develop a personalized investment strategy.
@AgnesHarperq3x23 күн бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
@MathildaCarina23 күн бұрын
Thank you for this amazing tip. I just looked the name up and wrote her.
@ishmaelmboma52365 ай бұрын
I just got hooked onto this podcast and I am loving it , the intro woke me up. I am watching this from Zimbabwe
@YouGotOptions2Ай бұрын
Peace and blessings
@jul742736 ай бұрын
I love this podcast. This is the best talk about investing and financial freedom knowledge sharing I have ever heard. I grew up in a similar situation to Mougan's family and tried to build my financial independence for early retirement. I also graduated with many student loans and lived penny to penny for 2 decades until their payoffs. Agreed with everything Morgan shared. Thank you guys for having such a great video!
@yunusnoori8305 ай бұрын
I love the fact that you question the right questions in this interview, this is the first time I am listening to your show and I love it. Keep the good work up!!
@Royals_Mindset6 ай бұрын
So many nuggets of wisdom and practical advice in this interview. Risk and financial education over a long period of time can be a complete GAME CHANGER for your family. 🎯
@tkppodcast6 ай бұрын
Thanks for listening!
@WilliamRoscoe3 ай бұрын
@@tkppodcast Can you remove the spam posts here please? Every single one at the top with 9 replies are spam promoting a financial advisor who will undoubtedly give bad advice given the co-ordination of the spammers and the replies.
@jonnagap876 ай бұрын
Morgan is always putting out invaluable points. But this has to be his best interview period. You steered him in the right direction every time and got the best out of the discussion. Amazing stuff and I am now a subscriber!
@tkppodcast6 ай бұрын
Thanks for listening.
@africarib5 ай бұрын
I am grateful everyday for not having FOMO! I've listened to Psychology of Money at least 3 times and tell everyone about it. Simple lessons that are fairly easy to apply.
@kenmiles54256 ай бұрын
Morgan Housel speaks such gems. He's such an inspiration
@JanGelhausen6 ай бұрын
For compounding maximise time not returns. 1:12:26
@MichaelScott693 ай бұрын
Patience, Discipline and not having FOMO is a must.
@girijahiremath49565 ай бұрын
I am listening to him for the first time and his logic makes so much sense . I just love it
@VinGrin2 ай бұрын
Best listened as audio only. Felt like magic. Brilliance has no limits. 💫
@TravisL-b5f3 күн бұрын
I love how grounded and succinct Morgan is in all his interviews. Even how successful he is in his writer career.
@KLifeSkills23 күн бұрын
Morgan Housel always knows how to make finance accessible and profound. His lessons on risk, the difference between rich and wealthy, and the magical role of compound interest are truly mind-opening. An inspiring conversation!
@tonicnt92746 ай бұрын
I am impressed by how much valuable wisdom this young man possesses.
@adnandanni28825 ай бұрын
Growth fuels more growth!!!! Wiser words were never spoken...
@cmgrooverjr6 ай бұрын
Such an impressive communicator. I love the part where he mentions “learning to be poor with dignity” and how this is a skill that sticks with you but can still allow for happiness. A true young Warren Buffett in the way he thinks and communicates.
@SRTendulkar9995 ай бұрын
Raising and seeing your kids succeed gives one the most happiness towards the later half of life. Unfortunately many realize it little too late.
@Atul-n2p6 ай бұрын
Thank you Shane for being such a good listener, and wonderful host.
@annelise80145 ай бұрын
Paid-off home is priceless; is it peace and freedom! Best thing I ever did for myself and my quality of life.
@Cathy-e1s8 күн бұрын
You live in an asset that you have to sell in order to get at that cash. Things go badly? You had better have a nice pile elsewhere. Wealthy people always leverage their debt in order to invest and generate more wealth. And seeing all that dough pour in day after day, available to address emergencies and weather bad times, really IS priceless.
@roadyaari6 ай бұрын
I can't say how much thrilled I am after watching this, it's kind of eyes opener to many topics, WONDERFUL ✌️✌️
@DudeEsq5 ай бұрын
I paid off my significant student loans super early. 3.25% interest rate. Best financial decision I ever made. Can’t put “freedom” in a spreadsheet.
@Thewealthwarehousepodcast5 ай бұрын
Congratulations, but what was the opportunity cost of paying off that student loan?
@70qq6 ай бұрын
ive seen so many of Morgan's interviews , but i always click on anything with his name on it ... i come away with some new wisdom , even though hes very consistent in what he says in every interview ... if the interviewer asks him good questions , like this one , its like he lights up and gives even better answers and info... Morgan gets detailed without getting too granular ...and always uses examples that make what hes saying make sense to people that otherwise might not understand .. Morgan could use his personality and delivery to sell anything to anyone i believe , so im glad hes one of the good guys and on our team , instead of sales
@erickuryla91975 ай бұрын
Not having FOMO. I needed to hear this and never even knew it!
@steveboyd34556 ай бұрын
"Money is the oxygen of independence"
@claddiegilbert748115 күн бұрын
Very nice job covering the basics. I am sharing this not to brag but to show what’s possible. I’m retired and I have 2 separate portfolios. One is a long term growth dividend portfolio of stocks where i sell covered calls strategically and my 2nd portfolio is the Crypto trading strategy where its all about income. This year I am on pace to make $120K in realized options profits and around $869K in crypto profit... What is great is that my long-term portfolio is still up significantly as well. As such, it’s possible to generate excellent income but still have a total return perspective. ...Amidst this, the insights of a knowledgeable guide like that of Expert Shellane Maxwell can be crucial. Her expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends.
@victor-g8i9g15 күн бұрын
I heard her strategies are really good, How do I reach your Coach/mentor.
@victor-g8i9g15 күн бұрын
How would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
@claddiegilbert748115 күн бұрын
CAN”T SHARE MUCH HERE SHE’S MOSTLY ON TELEGRAMS WITH HER NAME.
@claddiegilbert748115 күн бұрын
@Shellanemaxwell she's verified
@victor-g8i9g15 күн бұрын
This is helpful, thanks ....gotta message her right away.
@JoeDoe16 ай бұрын
Big Truck, thanks for threading all the needles regarding the relationship between the tech companies and their components. I was skeptical years ago, because I really didn’t understand. Several months ago, I went ahead and bought MU, SM, INTC, SLCA & WMT and NVDA(before split). Your announcement of retirement at 50 prompted me to act. Hopefully, I didn’t get in the game too late. Thank you.
@mohamedhasan62644 ай бұрын
This is the first time in a long time I watch a video on money that has many unique points not talked about in any other financial video.
@iris_fink5 ай бұрын
absolutely loved it!❤ 🌟it's not what you start with 🌟it's how long you're doing it
@Pammerrigan6 ай бұрын
For those of us who are wondering what’s FOMO? It means Fear of Missing Out
@BLR6535 ай бұрын
Amazing interview! Morgan is an amazing thought leader on wealth. He is very wise beyond his years. I also paid off a 2.65% mortgage. One thing the spreadsheet people don’t calculate for is you are able to take a LOT more risk in your portfolio. Gives tremendous confidence during market downturns to have that rock solid foundation.
@bestvibes59086 ай бұрын
I absolutely love this channel!!! I dont know if its just me or what but this guy is extreeemely life-intelligent!
@privateHandle7314 ай бұрын
Why doesnt Morgan Housel have a youtube channel!! Lol. Best finance guru Ive found on youtube.
@freedomlife3623Ай бұрын
You can find him on podcast.
@shakthidhasan45446 ай бұрын
I don't think Morgan said anything surprising yet what he said is profound. ❤
@herculesrockefeller89694 ай бұрын
“…it isn’t what a man has, that constitutes wealth. No, it is to be satisfied with what one has; that is wealth.” Mark Twain 1869
@maigematthews56205 ай бұрын
42:33 About that 15min of advice not given: What if you were to have a virtual assistant gather up all of those peoples’ inquiries and you author a FAQ/book with all of your answers? And this is not about making the book for more money, but for peace of mind; knowing that you didn’t hurt them a little bit inside in the end. And as more questions erupted as a result of the book, then you make a second edition, volume two. 😊
@charlieosko415126 күн бұрын
Smart idea!
@Vincent_Farmer5 ай бұрын
Found Morgan’s article Overcoming Your Demons and thoroughly enjoyed it! I did and still do replace awkward sounds with more friendly ones when talking😊 Others don’t know about gymnastics I have to perform inside my head in order to talk 😅 Thanks for the story, man! 🙏🏻
@nicosison66706 ай бұрын
The mindset of Morgan is the same mindset what Psychology of Money is teaching 😊 Thanks for sharing your knowledge!
@RobertPlank3 сағат бұрын
It's fascinating how much this conversation centers around the deeply personal nature of money and decision-making. The emphasis on patience, defining your own "game," and resisting FOMO is such a powerful takeaway-not just for finances, but for life in general. The idea that "wealth is the money you don't spend" really flips the usual narrative about what it means to be successful. The comparison between being rich and being wealthy hit home, especially the notion that wealth is invisible-what you save, not what you flaunt. It really challenges the way society often measures success by outward appearances. That insight about looking up to people who are independent, rather than those who simply accumulate material wealth, is such a refreshing perspective. And the bit about how Buffett's success is largely tied to his endurance-compounding over decades rather than chasing quick wins-makes you rethink the value of patience and long-term focus. It’s not about outperforming every year; it’s about staying consistent over a lifetime. That story about how 99% of Buffett’s wealth came after his 60th birthday is such a great example of how endurance shapes outcomes.
@kevindittler65246 ай бұрын
Foundational information for all parents to share with their kids, even starting in their early teens!🙏🙏😊👍
@sheanathan35666 ай бұрын
Wow, Morgan, you really shared so much wisdom beyond just dealings with money
@Massive-action18 күн бұрын
One of the best KZbin interviews of all time right here ❤
@kccathyng5 ай бұрын
Really like the wisdom from Morgan Housel
@ThomasSmith1456223 күн бұрын
For me the biggest mindset change came after reading the book 25 Money Secrets From Donald Trump, since reading it the only thing I think about is money
@DO3G57215 ай бұрын
He talks about making life decisions under uncertainty of information we have in our hands! This is I felt was magic, to think we make life decisions and the truth is we really do never have enough information but we must be courageous enough to try, and trust it will be a great decision we've made for our lives.
@AkweliParker5 ай бұрын
Wow, I love this guy. And kudos to the interviewer for insightful questions and letting the guest fully express his views without interruption. Subbed!
@seanburgess79176 ай бұрын
Morgan has a way of making non-obvious things, obvious. Which is great way to get people thinking. My favorite part was 'People just adjust their expectations to whoever is around them'
@tkppodcast6 ай бұрын
He's so good at that. I think you nailed his superpower.
@MarkCW6 ай бұрын
Morgan is a great bloke with lots of good advice.
@BodyByBenSLC5 ай бұрын
Paying off house was VERY smart. Because you don't know what tomorrow will bring. Any number of emergencies can happen but missing a mortgage payment is not one of them.
@cbd88465 ай бұрын
Wow! Excellent conversation about money and true wealth. We think we know everything about becoming rich but this talk is unbelievably enlightening.
@dustinjones88875 ай бұрын
I'm relieved to hear someone else say paying off my house early is the better "happiness" decision. I have no regrets saving up for a huge down payment and paying off my house in 3 years, regardless of the amounts I could've made investing.
@dawidbenyahudahisrael69593 ай бұрын
I really enjoyed the speaker and this podcast. Very intelligent person. Subscribed.
@marmid958419 күн бұрын
What a fantastic conversation! Brilliant guest and host!
@tkppodcast19 күн бұрын
Thank you for listening
@sideler70576 ай бұрын
Excellent podcast! It's puzzling to me why people make such a big deal of paying off their mortgage when they can instead invest in the stock market. There still is home insurance, property taxes, utilities and home maintenance expenses to pay, it's not like it's free and clear. A difference of degree, not of kind. If you think that house is truly yours, stop paying property taxes and see how long it remains yours.
@marietaylor51746 ай бұрын
True! But it's a big difference in paying an annual bill than paying a monthly bill.
@eileenwatt82836 ай бұрын
You are missing the point of what paying it off means. The amount of the mortage is higher than the costs of the utilities, taxes etc. When you pay off the mortgage you have that mortage payment to invest. You are no longer paying interest to the bank. The bank does not own your house anymore. You do. It's the same as a car. A paid off car is not going to be repossed. Anything bought on credit is not yours until paid off. You still have to pay insurance and maintenance but save on the car payments. You'll reach financial independence quicker if the mortgage is paid off.
@RuizCriminalLawFirm6 ай бұрын
All my costs of the home after paying it off amount to less than 3% of gross income. It’s minuscule.
@matt-jc9qb6 ай бұрын
"to be average over an above average of time" Fantastic quote wow wow wow
@YouTubeLi-s6w17 күн бұрын
The interview is amazing. Morgan housel is brilliant
@dubbyx84905 ай бұрын
This man's book changed my life after bankruptcy.
@TerryCollinsP31Lifestyle21 күн бұрын
WOW!!!! Excellent interview. Thanks for doing this. I especially was impacted by how he writes. I like to write but it’s the way Morgan describe. Because of that, I think I thought I could never write.
@yagga88855 ай бұрын
It is clear he reads. A lot of his answers begin with a quote. Interview was golden
@kevindittler65246 ай бұрын
The qualitative value of less stress by not having a mortgage is immeasurable!!! That freedom allows you to make considerations in other areas of investment that might have not been not done due to having a mortgage so the financial benefits are actually greater that what low percentage rate value was.
@chrisjessee97896 ай бұрын
Rebellions are built on hope. Lack of hope is what crushes people.
@sharonbrown4978Ай бұрын
Rich is when you can pay your bills, wealth is what you do with the money you have left or save, that's very deep, great explanation of the two. ❤👍makes a lot of sense, until we learn the difference of the two, we are in great mess.
@FEEL-X933 ай бұрын
Thank you guys for sharing this to us for free ❤
@lassekoivisto44222 ай бұрын
I was hoping this episode would be great, but for me it wasn't. For me, it was superficial. For example, he said that becoming rich and staying rich are separate skills and combined they have enormous power, but fell short in explaining how. I love you podcast and your books Shane, because they teach timeless principles and frameworks, but this episode was more about smart and quick answers than real and deep knowledge. It felt that he had all the answers and never stopped to think, even when you asked "take a moment and explain to me how to write a good story". I'm sure Morgan is great but i don't know why he answered that way. Anyway, completely personal take, I love your work and I will be coming always back for more. Cheers and keep going.
@07006724 ай бұрын
was sent this by the youtube rabbit hole, first 5 mins, subscribe. Great content, great guest, great host, great editing. Well done
@smartmoneyadvice7427Ай бұрын
Very insightful. I really enjoy listening to Morgan’s refreshing ideas and the way he frames things. Excellent
@tkppodcastАй бұрын
Thanks for listening.
@lorianbazley90885 ай бұрын
I enjoy and admire the honesty of Morgan Housel.
@i-postm49433 ай бұрын
Please hire someone to regularly monitor and delete the spam. I read the first dozen or so comments. The majority were spam. This detracts from the great content. Loved the convo with Morgan!
@KA-yo5zd5 ай бұрын
Wow housel is an absolute genius. Loved listening to this!
@withwilk74735 ай бұрын
Thats why you should surround yourself with people that are more successful than you. And let your ego and guard down enough to soak up all the influence coming your way. I come from a poor family but my fiance doesn't. And I have learnt so much about owning property, investing, emergency funds just by watching them. I don’t even talk to them specifically about money or what to do, actions speak louder than words.
@JiUgaz5 ай бұрын
Hi, I'm from Iran and I always follow your training, you teach very well and I love you very much, even though I find English hard, but I listen in full detail and learn and use, thank you my friend
@7SideWays5 ай бұрын
Wealth is money you don't spend. Love it! Been FI for years and never heard that one.