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The Secret Cost of Catastrophic Losses
Welcome to Episode #20! In this episode George highlights one of the most important principals of wealth accumulation - avoiding catastrophic losses. Thanks to Burnman1 for the review and comment on iTunes and a special movie recommendation.01:05 - The "Inside Job" narrated by Matt Damon01:42 - Avoiding catastrophic losses02:07 - Chasing your money03:19 - Your 401k - here's the math04:31 - Add up all the new money - over the last 5 years05:13 - A 401k market hypothetical06:31 - Firehose drills?
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By George HussWelcome to Episode #20! In this episode George highlights one of the most important principals of wealth accumulation - avoiding catastrophic losses. Thanks to Burnman1 for the review and comment on iTunes and a special movie recommendation.01:05 - The "Inside Job" narrated by Matt Damon01:42 - Avoiding catastrophic losses02:07 - Chasing your money03:19 - Your 401k - here's the math04:31 - Add up all the new money - over the last 5 years05:13 - A 401k market hypothetical06:31 - Firehose drills?