TMBA 698: Investing and The Price of Time
Podcast 34:45 | Download | Spotify| Stitcher | iTunes
It’s an evolving economic landscape out there: interest rates are up, high paying tech jobs are down. One bank has collapsed and crypto doesn’t seem to be the panacea that some wished. On this week’s show we’re talking investing - the opportunities, possible pitfalls and safe bets.
Travis Jamison is founder of the SEO agency Smash Digital, and also owns an e-commerce supplement brand. But in recent times, through his newsletter and online community Investing.io, he’s been focusing on investing in other online business opportunities and also assets like stocks and crypto.
He talks to Dan about where he’s currently putting his money and who he sees as the winners and losers in the current economic situation.
“Cash gives you optionality. People like to say that it allows you to buy deals when things are cheap. That's definitely true … but it also keeps people from making bad decisions. Liquidity is everything. You don't want to be forced to sell, especially when stuff is really bad. That's the worst time to sell. So keeping a cash, a heavy cash position, can just help you wait out the dips without the bad times and just stay invested in compounding over the long term. That's how you win over time.”
Listen and learn:
How overinvestment in bonds led to the collapse of SVB
The vulnerability of commercial real estate
The ‘dollar cost averaging’ method of investing
Why creating cash flow through online businesses is so valuable
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Mentioned in the episode:
Before the Exit – Our New Book
Partner With Us
The Dynamite Circle
Dynamite Jobs
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Tropical MBA on YouTube
Dynamite Jobs – Remote Recruiting Sales Page
Travis Jamison
Smash Digital
Silicon Valley Bank
Frost Bank
Zillow
The Price of Time
Taylor Pearson
The Cockroach Portfolio
Enjoyed this podcast? Check out these:
TMBA 579: The Price of Tomorrow
TMBA 592: An Entrepreneurial Approach to Investing
TMBA 630: Investing in the Age of Autonomy
This week’s sponsors:
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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian