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How to Speculate Safely

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#speculating #HazeltineLLC #speculatingisnotinvesting
Here we reiterate the very important distinction between investing and speculating, and why most conventional "investments" and "retirement savings" plans are actually SPECULATIVE investments. However, we are not necessarily against speculating, provided we understand the difference. There is a way to speculate safely and intelligently (with patience and discipline), and we review how to properly invest in speculative vehicles in this video.
In this video, we make the very important distinction between INVESTING and SPECULATING:
"How Much Money do you have in the Bank?"
Schedule time with us:
MONEY SAVING IDEAS
Velocity banking with a First Lien HELOC
Refinance your mortgage into a first lien HELOC, or buy a house with first lien HELOC to greatly optimize your paydown:
Costco Insurance Program
Health Sharing
Replace your health "insurance" plan with a health sharing plan and save a ton on healthcare – Crowd Health is what I use (my referral link):
Bundle Internet and cell phone
Switch both Internet and mobile to Xfinity / Xfinity (Mobile) - I saved over $100 a month this way.
Optimize Bank Accounts / Credit Cards
Minimize Withholding
Fill out a W-4 form with your employer to minimize withholding
678-201-1629
Timestamps:
0:00 Proper asset allocation
2:40 It's a speculator's paradise!
5:55 How to speculate properly
8:10 When speculating, a .300 batting average is good
Here we reiterate the very important distinction between investing and speculating, and why most conventional "investments" and "retirement savings" plans are actually SPECULATIVE investments. However, we are not necessarily against speculating, provided we understand the difference. There is a way to speculate safely and intelligently (with patience and discipline), and we review how to properly invest in speculative vehicles in this video.
In this video, we make the very important distinction between INVESTING and SPECULATING:
"How Much Money do you have in the Bank?"
Schedule time with us:
MONEY SAVING IDEAS
Velocity banking with a First Lien HELOC
Refinance your mortgage into a first lien HELOC, or buy a house with first lien HELOC to greatly optimize your paydown:
Costco Insurance Program
Health Sharing
Replace your health "insurance" plan with a health sharing plan and save a ton on healthcare – Crowd Health is what I use (my referral link):
Bundle Internet and cell phone
Switch both Internet and mobile to Xfinity / Xfinity (Mobile) - I saved over $100 a month this way.
Optimize Bank Accounts / Credit Cards
Minimize Withholding
Fill out a W-4 form with your employer to minimize withholding
678-201-1629
Timestamps:
0:00 Proper asset allocation
2:40 It's a speculator's paradise!
5:55 How to speculate properly
8:10 When speculating, a .300 batting average is good
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