MI Rewind: Why and How You SHOULD Invest Your Emergency Fund w/ Chris Kawaja

02.09.2024 - By The Investor's Podcast Network Play

Download our free app to listen on your phone

On today’s Millennial Investing Rewind Episode, Robert Leonards chats with Chris Kawaja to learn about why and how he believes you should be investing your emergency fund, using The Ultimate Liquidity Portfolio strategy. Chris is a Stanford and Harvard graduate who worked at Goldman Sachs and Bridgewater Associates, which some may recognize as this super investor, and one of my favorite investors, Ray Dalio’s firm. Chris is also a successful entrepreneur, author, and real estate investor.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

03:39 - How money in a high-yield savings account, like an emergency fund, actually lose money over time.

06:45 - Three major finance trends that have altered the investing landscape.

09:22 - What is "The Ultimate Liquidity Portfolio” strategy?

09:22 - How has this strategy performed in the last financial crisis?

20:51 - Is it really necessary to have a mix of stocks and bonds in your portfolio to create wealth?

40:53 - What are the "jobs" money has in one's life?

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Recommended Book: How To Stash That Cash by Chris Kawaja.

Recommended Book: Broke Millennial by Erin Lowry.

Recommended Book: The Richest Man in Babylon by George Clason.

Recommended Book: Broke Millennial Takes On Investing by Erin Lowry.

Recommended Book: Millennial Money by Patrick O’Shaughnessy.

Check out the books mentioned in the podcast here.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.

Learn how to better start, manage, and grow your business with the best business podcasts.