What DIY Investors Need to Do to Succeed w/ Brendan Lee Young, CEO of Passiv
The Financial Freedom Show with Chase Lawson
Release Date: 04/27/2021
Sacrifice Your Way to Financial Freedom
The Financial Freedom Show with Chase Lawson
Life is all about sacrifices. We're constantly making trade-offs around how to spend our time, money and more. In order to achieve financial freedom, you're going to have to make sacrifices along the way. In this episode, Chase dives into some of the sacrifices needed to be made in one's financial journey to reach financial independence and shares some sobering statistics as to how few people think about these things until it's too late. Enjoy!
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Impostor Syndrome
The Financial Freedom Show with Chase Lawson
Impostor Syndrome (IS) is something an overwhelming majority of people will experience at least once in their lifetime. It can affect anyone no matter their social status, work background, skill level, or degree of expertise. In this episode, I discuss:
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Busy is a Choice (Read: Excuse)
The Financial Freedom Show with Chase Lawson
In American society, being busy is perceived as high status. Saying "I'm busy" is a socially acceptable way of saying "I'm important". But are we actually busy? Or do we just think we're busy? What are the downsides to being "too busy"? What do the statistics have to say about busyness? And why do we default to claiming to be busy to get out of obligations? In this episode, I cover all of those questions and more. Enjoy!
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Series I Bonds: Inflation-Adjusted Superstars
The Financial Freedom Show with Chase Lawson
Series I bonds are largely unheard of, yet are one of the safest investments one can make with returns adjusted semiannually to factor in changes to inflation. These are backed by the US government, making them essentially risk-free. Series I bonds offer a safe haven for some of your dollars and offer returns that far exceed that of any bank accounts. In this episode, I dive into what Series I bonds are, the benefits they offer, and why they could be an effective place to put some of your money.
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Credit Cards and Financial Freedom
The Financial Freedom Show with Chase Lawson
Credit cards can be a very powerful tool in helping you achieve financial freedom. While some financial experts, most notably Dave Ramsey, strongly advocate against any forms of debt, credit cards included, credit cards offer some great benefits. As long as you are responsible and know how to use credit cards, their benefits can far outweigh any perceived costs. In this episode, I dive into the different types of credit cards, the benefits of credit cards, and which credit cards I have and use.
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How to Manage Money with Pam Prine, Co-Founder of Keystone Capital Management Group
The Financial Freedom Show with Chase Lawson
On today's episode, I'm joined by Pam Prine, co-founder of Keystone Capital Management Group, an investment and retirement planning firm. Her company manages hundreds of millions of dollars for their clients. In this episode, we discuss how to manage money, how to plan for early retirement when running a small business and touch on the proposed American Families Plan. Enjoy!
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Volatility, Beta and the VIX
The Financial Freedom Show with Chase Lawson
The term "volatility" gets thrown around a lot in finance. What exactly is volatility? And why is it important? In this episode, I dive into that topic and answer those questions. Additionally, I discuss what the beta coefficient is, as well as the VIX, and how you can use both of those to determine when, where and how to invest. Enjoy!
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Consistency: The Key to Success
The Financial Freedom Show with Chase Lawson
It's easy to look at your favorite celebrities and be envious of their talent and success. However, what you don't see is the work it took to get to where they are today. It takes about 10,000 hours of intensive practice to achieve mastery of a skill. This is precisely why one of the biggest keys to success in whatever you're trying to succeed at is consistency. In this episode, I dive into the importance of consistency, why it matters so much, and how to be consistent in your own life. Enjoy!
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Inflation: What Is It, Why It Matters, and Should We Be Concerned
The Financial Freedom Show with Chase Lawson
Over the past year, the Consumer Price Index (CPI) in America has increased by 4.2%, sparking fears of inflation. In this episode, I discuss what is inflation, how it's measured, the impact it has on individuals and whether inflation can be a good thing. Enjoy!
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Don't Look Back in Anger: Living a Life With No Regrets
The Financial Freedom Show with Chase Lawson
In 1995, Oasis released their hit song "Don't Look Back in Anger". In it, they talk about a girl named Sally who watches her life pass by and has no regrets. This is an important lesson for everyone to abide by. We all make countless decisions every day of our lives. Sometimes, they're great decisions. Other times, they end up being bad ones. In this episode, I discuss why it's important to change your mindset and avoid having regrets and the impact that can have on one's life.
info_outlineOn today's episode of the show, I'm joined by Brendan Lee Young, CEO and Co-Founder of Passiv, a portfolio management tool designed to help self-directed investors manage and grow their wealth. In this episode, we discuss a wide range of topics including:
- Who is Passiv and how they’re helping DIY investors succeed
- The founding of Passiv
- What DIY investors need to do to succeed
- The future of wealth management, ETFs and index funds
- The craziness around Robinhood and GameStop
For 50% off Passiv Elite for 2 years, go to www.passiv.com/freedom50
To connect with Brendan and Passiv on social media, you can find them on Twitter and Facebook at: @BrendanLeeYoung, @PassivTeam, www.facebook.com/TeamPassiv
Pick up a copy of Chase's book here: https://www.amazon.com/dp/1082783188