The Impatient Investor

On this episode of The Impatient Investor, Andrew states that behavioral science is grossly underutilized as a way to study investment behavior. Understanding our predispositions in a time of economic uncertainty will go a long way towards understanding behavioral biases that prevent us from making good investment decisions.

On this episode of The Impatient Investor, Andrew explains what availability bias is and how it can impact investing choices. Whatever is dominating social media, the news or water cooler talk can easily influence investors' decision-making, and is in part how bubbles are created.

On this episode of The Impatient Investor, Andrew discusses that there is a perception that when the economy and the housing market have a downturn, so does the rest of the real estate market. With major anxiety over a potential housing crash, what would be the possible effect on your portfolio?

On this episode of The Impatient Investor, Andrew discusses why the wealthy are happy to leverage the expertise of professionals and investment partners if it means higher returns, lower expenses, and more time to do the things that they want to. You don't have to have a high-paying job to be wealthy, you just need the right plan and the determination to stick with it long-term.

On this episode of The Impatient Investor, Andrew discusses why there is much to be learned from 2020, just like the many lessons learned in 2008. People who struggled financially this year should realize that relying on active income will never get them to financial freedom.

On this episode of The Impatient Investor, Andrew discusses why habits cause the rich to get richer while the poor just get the status quo. The best way to lift up the poor is not by punishing the rich who will take their jobs elsewhere, but by educating the poor on how they can become rich.

On this episode of The Impatient Investor, Andrew asks if you are playing to win or if you are playing not to lose in your investment portfolio? If you want to grow your wealth then playing not to lose is a losing strategy, you need to play to win. Andrew explains how you can make this happen when investing.

On this episode of The Impatient Investor, Andrew discusses seven reasons you should not invest in MHPs, but also addresses eight excellent reasons why you should. Most importantly, the fact that they thrive in any economy, but especially in a recession.

On this episode of The Impatient Investor, Andrew discusses how the right investing strategy can save you years of small mistakes, slow progress, and unnecessary failures. It all begins with shifting your focus to prioritize the right types of passive income-generating assets that can make your money work for you instead of the other way around. 

On this episode of The Impatient Investor, Andrew explains why you should not get rich for the get-rich-quick schemes that are popularized online right now, and urges you to look to set it and forget it approaches to investing that will provide you with true passive income. Tune in next week for part two.