A talk on why your time matters more than money itself. The speaker argues that opportunity cost is the real measure of wealth, and that trading your hours for cash only works if those hours actually move you toward your goals.
Your money that comes and goes. Time, you never get back. So it's really important they pay attention to your time. And your time does have value. If you have a skill that you could. 25 bucks an hour. You can mow lawns, make 25 bucks an hour. It doesn't even take a college education to make 25 bucks an hour. Seriously, it's entry level. You can go walk dogs and pick up dog poo for 25 bucks an hour. So seriously, 25 bucks an hour. If you're not making that as a trader, then you have a decision to make here. Do you want to continue not getting paid much, Investing all the time and not getting paid much? Granted, it has the intellectual stimulation. You get all the life lessons. You get to deal with the psychology of trading, all that. But that's not where you're in it for. You're in it to make money, not in it for life lessons and personal growth. There are better ways to go about it than just losing money and taking a beating. Let's presume you're in it and your primary goal is to make money. All right? You need to do an opportunity cost. Look at it once in a while. Is this the best investment of your time?
