Beyond the S&P 500 is available for pre-order at $27 until September 4th, when it goes to $37. It goes over the other asset classes beyond the S&P 500, how they behave, and how to think about building around a core. Pre-order here:https://learn.themarkethustle.com/diversify
Most people pay their phone bill, their rent, and their electric bill without thinking about it. Then they treat investing like something optional they'll get to when it feels right.
Josh, Pierce, Baafi, and Fernando get into why that ordering is backwards, and what changes when you move investing up the list.
The four of us run completely different systems. One of us is fully automated, one buys manually every two weeks because he enjoys it, one pulls a percentage from every income source into an account with no debit card attached. Same principle, four different builds. We compare them honestly, including where each one breaks.
We also get into the part nobody covers: what you actually cut when income drops.
In this episode we cover:
- Why automation protects you from yourself, and when manual investing still makes sense - How to build a system when your income is irregular or commission-based - What to cut first when money gets tight and why investing goes last - Why waiting for a dip fails most people who try it - How Pierce learned compounding at four years old from a $1.50 and a Hot Wheels car - Why saving alone lost people purchasing power over the last decade - What passing down money without passing down the knowledge actually produces
If you've been meaning to get consistent and haven't, this one is about the mechanics of making it happen anyway.
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