Speaker B argues you should first define what you actually want: optimize health, relationships, and time, then calculate the cost. Once you know your target number, you can back-calculate what investments you need. Low-risk, cash-flow assets become enough to fund your ideal life, making speculative bets unnecessary.
But what are some other creative ways that you've seen or maybe even executed on? Especially I feel like every year we get into the future with, you know, AI and VR and systems and SaaS and all these things that are like rolling out. I'm just seeing a lot of other plays coming to light, but I'm curious to see where your head's at with that.
This is counterintuitive, but like, I don't need any of that. Like, I don't. Like at some point, I don't actually need to beat the market and invest in these high-yield type things. So what I always help people with is understanding why, what is your goal? What are you trying to do? Number one, let's optimize your life. Let's optimize your health. Let's optimize your relationship. Let's optimize the way you're spending your time and figure out what that costs. So once you have that number, now you can back into what do my investments need to make? And again, as you start getting to those upper levels of wealth, like it doesn't take risky investments to be able cash flow enough to give you the life of your dreams. Now everything else is just gravy. And that's how you eliminate distraction. You go, no, hey, I know that my wealth is serving my values. And again, going back to that wealth building strategy, rinse and repeat.
