The Naked Couple Podcast

Bitcoin is going crazy and seems unstoppable. But what goes up must go down, or does it? 
Today I talk about what I did yesterday to have a lovely adult time without the older kids. 
Why I got so carried away and enjoyed myself so much I forgot to record a show.

I also talk about the Geeky side of Bitcoin and what the slang means. 

A bit of a random mix today, My thoughts wondered from running to Amazon.  Sometimes just having a brain dump and talking about anything and everything can do wonders. 
I find this podcast very thereputic and love the fact I can talk about anything I want.

The next few months are expensive and challanging as I have many gifts to buy as we have many events coming up in our little Mad house. 
It will be a challenge getting themall organised and ready nut I'm up for it.

When trying to achieve anything in life you need to find out what drives you. I have been looking into my top human needs and asking myself 2 questions.

What will achievement look like and what won't it look like? By being hones and realising what drives me and how things will effect me. I can focus more on getting what I plan for. 

Living in a belned family is wonderful for me, however I miss my eldest daughter terribly when she leaves to live with her mother.
Today I had to drop her off to her mothers and it makes me feel so sad. In the past I struggled to deal with the situation and it caused problems.

Nowdays I do things differently, however I do feel sad when I don't see her but I  have learned to deal with things a lot better. 

Tony Robbins the Number one coach in the world describes 6 traits all humans have. 
Today I talk about how these traits effect me when investing. 
The traits are -

• Certainty: assurance you can avoid pain and gain pleasure
• Uncertainty/Variety: the need for the unknown, change, new experiences
• Significance: feeling unique, important, special or needed
• Connection/Love: a strong feeling of closeness or union with someone or something
• Growth: an expansion of capacity, capability or understanding
• Contribution: a sense of service and focus on helping, giving to and supporting others

I would suggest anyone looking to how these traits could effect your decision making when investing for the future. 

Using our brains to filter information can work for and against us. When investing we need a rounded view, not a biased view. 
In this episode I give a little challange that can show how the brain works and how it can block out possible information we may need. 

No work for me today, It's Valentines day and I'm having a day off with the family.
Over the years I have built businesses that run without me. 

I have learned to build sysyems that people can follow and work without me being there. 
Today I talk about how having these sysyems has changed my life.

I can now take days off and work when I want. Before I was a slave to my business, working 7 days a week often through the night. I was tired and stressed. 
I hated what I was doing. Now I love it. I am in control.

If you would ever like and business advice please contact me via Facebook @Coach.leetaylor

Protecting wealth is paramount. Below is part of the transcript for you. 

Hello and welcome to another edition of the midlife journal with myself Lee Taylor it's Valentine's day tomorrow so today I am going to be getting the house or decorating the lounge or decorated at least into a love lounge. So, my partner and I, and the kids can do something really special together tomorrow to celebrate Valentine's Day, you know, not a typical day for us normally would try to go out and do something and have a have a nice meal in the evening. But as you know, restaurants or shop, you know we're not allowed to go out and socialise and in joy ourselves anymore so we have to make do, and come up with alternatives so it's gonna be a different Valentine's but special nonetheless I'm really really looking forward to it. So, that's my morning sorted out I've got to go to collect some bits and bobs and come back and get everything done and ready for tomorrow. But today is all about money, you know, I want to talk a bit more about money, you know we talked about money problems come on yesterday you know the problems we have when we don't have money, the problems we have when we do have money, you know, and money doesn't solve your problems, you know, in my experience, it makes life easier. But if you, if you don't protect your wealth and if you don't have strategies in place. Then, actually, it can add to your problems you know the more money you get the more worry you have, because, you know, things can escalate quite quickly, especially if you invested in getting it right. And you've accumulated a lot of wealth, very quickly. Your life can change it can change considerably. And you've really got to think about how you're going to deal with that and how you're going to offset the problems that do come with having money and you know, I've had money in the past and I've had problems and I've not always dealt with it. The best way so luckily on the course I'm doing at the moment, they're talking a lot about this and I do, I do empathise with it a lot because I've been there, and I'm excited to sort of be learning about the way they're setting up their investments so I can sort of copy and and put their, their teachings into place to protect myself in the future and make sure I don't stress and strain over what's going to be happening because, you know, I can see the wealth building up quickly. You know, I think I said, you know, I've been buying for a while just basically as a hobby. And it's built up and it's built up a lot, and I look at my account sometimes and I'm like, Whoa, that's not frightening, you know it's it's scary how quickly it's built built up. And don't get me wrong I'm very very happy about it but it does give you, it does give you problems for instance, one of the problems I had was when I first started buying the kryptos I just left everything on the exchanges, what I did is probably what most people do. You know I just bought it left it on the exchange didn't worry about it. And then I started to learn about, you know, people getting hacked and you're losing your money and you really got to store it on a cold wallet to make sure it's it's safe. So that was a worry straightaway, you know, bloody hell if this happens I've lost everything is going to be a nightmare so I had to teach myself how to, how to transfer everything over and that was a worry transferring over Did I do it right. Did I do it wrong, you know that you got that lag between sending the money and receiving it and it's horrible. You know it's literally horribly 10 minutes sometimes for it to hit your screen and sites they are and all that time especially doing it for the first time I did a little bit to start off with just to make sure you know,

Unknown 4:54

but even that not nice you know really really not nice and then it hits your account and. Oh, you've got a sigh of relief so you know these things can be quite stressful a

Elon Musk puts 1.5 Billion into Bitcoin and pushes the price up 20% overnight. In this episode i talk about why I was happy to miss out on some of this gain and why you should be aware of problems both rich & poor people suffer from.

Part of the Transcript of the show is below for a taster.

Hello and welcome to another edition of the midlife journal with myself Lee Taylor, where we're going to be getting back onto the investment scene again I'm going to be talking about what I've been learning through my investment course because things have got really really quite excited in the cryptocurrency world if you if you follow it, like I do, you would have seen that, you know, Bitcoin went up massively over the last few days. 

I was actually gutted in one respect because I wanted to send some money to the exchange to buy some. And I had I'm sending it from a new account, and the account couldn't verify the bank account where I wanted to send it to. So it just limited me to 1000 pounds, and I wanted to send 5000 worth of Bitcoin. And I couldn't do it. 

So I had to wait 12 hours for the other 4000 to go through to make sure I wasn't being scammed which I knew it wasn't but hey ho, and I woke up the next morning and Bitcoin have gone up 20% so I missed out, but it's life you know you can't win all the time Hey these things happen I'm not gonna get myself down about it, an actual fact I was really happy because I found out that it went up so much because Elon musk put in 1.5 billion 1.5 billion into bitcoin. Now, why was I happy about that. Well, it's probably the first and last time I'll ever be ahead of Elon Musk, I've actually bought Bitcoin before he did. And I'm really quite chuffed about that. I've had it for quite some time. And it appears that he's just getting into it so. Okay, I'll swap he's 1.5 billion  for my five grand any day to week, but I still got that little bit of a sense of achievement that I was in there first and, you know, I do have a fair bit invested so you know that 20% increase did make me a good whack. So, you know, it wasn't all doom and gloom though I didn't get the extra four grand in there. I was still very, very pleased.

Unknown 2:12

But as I've said in the past. I don't really care about the price. In actual fact I'd prefer it if it went down, because I want to continue buying this for the long term. And I want to be an investor in Bitcoin and cryptocurrencies for for a long time to come. 

 I've got a plan to put money into it every month. So for me, if the price did come down. It's better for me because I can buy more, because I don't plan on selling you know I'm not a seller. I'm not a trader I'm an investor. So, I'll be lending my money out I'm gonna create my own bank. I'll be lending my money out so I'm really not bothered about it. Going up at this stage in fact I probably do want it to come down more than go up, because I can buy more, you know I can get more for my money that's what it's all about.  

I was on the course and there was talking about protecting your wealth and how we how we kind of value money from a perspective of where we are in the financial ladder. Now, you know, I grew up in a council estate in Dagenham reasonably poor family didn't have a great deal you know not not saying we had nothing, we had a. We had a nice life I had a great life rarely but we didn't have a lot, you know money was always tight, it was always scarce. So, you know, I grew up with very very little I think I had about 400 pounds to my name when I left school. So, by no means are long, a lot of money.

Unknown 3:53

I never come from an investing family or anything like that and my family had no idea how to invest money they, they were in the rat race they they ear

Living with a Polish girl can be quite strange at times. Thay do have lots of different traditions. Today is just one of them. Its called Fat Thursday. 
Basically we have to eat junk food allday to keep bad luck away. Sounds crazy. but this is real.

Today I talk about some of the other traditions they have. Like Wet Monday and the drowning of a female scarecrow. 

However I must be careful as the Poles take these seriously and I certainly do not want to upset her indoors. 

A bit off topic for me but also fun to learn and record these quirky traditions.