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cover of episode Finance Advice to Our Younger Selves | MHFI 198

Finance Advice to Our Younger Selves | MHFI 198

2024/1/16
logo of podcast Mile High FI Podcast

Mile High FI Podcast

Shownotes Transcript

Doug and Carl reflect on their paths to financial independence and discuss the advice they would have given their younger selves.  Topics include college education/career paths, early savings, retirement account contributions, index fund investing, flexibility across different investments, strong work ethic, resilience, and of course... asparagus.

Do you wish that your younger self found this podcast earlier in life?  Well, you can't go back to the past, but there's still time to support us over at Buy Me A Coffee).

Links

	- [Elon Musk University](https://www.texastribune.org/2023/12/13/elon-musk-austin-texas-university/))

	- [Bill Perkins, “Die With Zero”](https://www.diewithzerobook.com/welcome))

	- [Morgan Housel, “Psychology of Money”](https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681))

	- [Thomas J. Stanley, “The Millionaire Next Door”](https://themillionairenextdoor.com/))

	- [Sean Mullaney on MHFI Episode 114](https://milehighfi.com/podcast/114-sean-mullaney/))

	- [Mile High FI Facebook Group](https://www.facebook.com/groups/milehighfi))

	- [Doug’s site](https://dougcunnington.com/))

	- Carl’s blog: [1500 Days](https://www.1500days.com/))

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Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles)

1500 Days, Carl's Blog about Early Retirement)

Email us here: [email protected] or [email protected]

0:00 Introduction

1:17 Education & alternate career paths

6:35 Carl’s first post-college job

10:29 Doug’s early career jobs

15:51 Early investing experiences

20:19 Rich vs. wealthy

25:25 Investment strategies & lessons

33:42 Importance of work ethic

38:07 Final thoughts & advice

42:05 Soundcheck - Hangover cure