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Nii and Renée present Money Trap #6: Not investing enough or making risky investments. In this episode, they delve into topics like having the mindset of a long-term investor, peer-to-peer lending, reasons not to invest, what to invest in, and their personal approach to risky investments.
Things to expect in this episode:
- The biggest reasons why doctors feel burned out
- Understanding the market and investments other than stocks
- Why you should invest in index funds, plus a book recommendation
- Top two reasons why you should NOT invest
- A safer approach to risky investments, including Crypto and whole life insurance
Book: The Simple Path to Wealth: Your road map to financial independence and a rich, free life
NY Income Tax Calculator:
https://www.forbes.com/advisor/income-tax-calculator/new-york/350000/?filing=married&deductions=0&k401=0&ira=0&dependents=2
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