The Highly Curious Podcast

How To Make An Investment


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Summary:

In this episode, the hosts discuss their experiences and considerations when making financial decisions and investments. Keith shares an embarrassing moment at a sporting event, which leads to a discussion on the importance of being present and making wise investment choices. They explore different investment opportunities, including land and franchises, and discuss the factors to consider before making an investment. The hosts share their preferences for passive investments and the time commitment required for a business. They emphasize the importance of cautious decision-making and being passionate about the investment. The episode concludes with plans for future investments.

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Takeaways:

  • Cautiously make investments and ensure you have covered all your financial obligations.

  • Consider factors such as paying bills on time, reducing debt, and saving before making larger investments.

  • Passive investments may be more suitable for individuals with limited time availability.

  • Investments in land and franchises offer potential opportunities, but require careful consideration and time commitment.

  • Passion and belief in the investment are crucial for success.

  • Real estate investments can be profitable, but timing and market conditions should be considered.

  • The first investment is crucial and requires significant time and effort, while subsequent investments become easier.

  • Continuously evaluate investment opportunities and be prepared for when the right opportunity presents itself.

  • Chapters:

    00:00 Introduction to the podcast

    00:32 Discussion on financial decisions

    01:01 Keith's embarrassing experience at a sporting event

    01:30 Keith's court side experience and the topic of investments

    03:21 Keith's embarrassing moment and the lesson learned

    05:43 Transition to the topic of investments

    06:13 Exploring different investment opportunities

    08:06 Pop's checklist for making investments

    09:05 Factors to consider before making an investment

    10:02 Discussion on investing in land and franchises

    11:26 Keith's preference for passive investments

    12:18 Keith's experience with high returns in his career

    13:39 Pop's hesitation with real estate investments

    14:38 Discussion on the potential of the land investment

    20:22 Pop's concerns about selling the land

    23:30 Discussion on the potential of opening a restaurant

    26:54 Considerations for the time commitment of a business

    28:44 Ben's motivation to make an investment

    30:12 Discussion on the potential of real estate investments

    31:09 Cautious approach to investments

    32:05 Importance of passion and time commitment in a business

    33:01 Conclusion and future plans

    ...more
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    The Highly Curious PodcastBy The Highly Curious Podcast