TMBA 275: How Should an Entrepreneur Invest $50,000?
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Ian and I have taken the last few weeks off to recharge and prepare for our upcoming Singapore Event. We're back from our short break and ringing in the new year by discussing a question that Marc Cuban asked recently: what should the average investor do with $50,000?
We'll dissect some of the ideas he proposed about financial investments, talk about how the location-independent entrepreneur can put them to good use, and explain exactly what makes our upcoming gathering of entrepreneurs such a unique sharing environment.
Listen to this week's show and learn:
Why you should be paying down your debt first.
The differences between the ways that entrepreneurs and employees plan their investments.
Why you shouldn't get a mortgage.
What we would do with our first 50K, knowing what we know now.
Why you need to have the available funds to make a good investment when you see it.
What it means to invest in yourself.
People on this episode:
Mentioned in the episode:
Singapore Event
Call us at 888-554-8428
TropicalMBA Listeners
An Invitation to a Private Gathering of Successful Entrepreneurs
Cuban on Investing: Diversification is for Idiots
John Bogle Slams Marc Cuban Over Buy-and-Hold Comments
Jack Bogle: Why Marc Cuban is Wrong on Investing
How Do You Invest Outside Your Business?
Empire Flippers
Flippa
Dan Norris
LegalNomads.com
Nuzzel
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Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian