https://www.youtube.com/watch?v=o_0uoCcblsc
video tldr;
- moving from US to all world equities
- buying gold and silver
- focus on business earning
- enjoy lifestyle freedom
my comments:
us vs all world is the least wrong decision to make
you reach enlightenment once you realize you need to be 100% all in equities (if no crypto)
the only last question is whether you think us will outperform all world
imo: us will outperform all world long run
all world is not a wrong choice. but it is the "safer" choice, and hence, lower r/r
gold and silver
the "devaluation" trade?
lol, so close, but still not yet there
by the time chris finally understands bitcoin, it is going to be 250k
focus on biz earning
already said before, he is still in the super soldier era of his life
no work? no money, no honey
what he puts in is what he gets back. he can never stop.
he doesnt understand that if he really wants to enjoy #4 lifestyle freedom, he needs to be the boss, not the saikang warrior that showcase face on youtube and actually does the consulting
but famous ppl is like that
since you make money from fame, if you dont show your face, no more money
i guess he will continue his hustling under he levels up his thinking again
but will the money is coming in good now, i dont think it is a wrong choice, just paradox to next point
enjoy lifestyle freedom is good
still not there yet
still need to post frequent videos
still need to post updates
still need to unzip pants and show transparency, or else no credibility
is this freedom? it is not 9 to 5 office job where he must show up at office, but he still has all this obligations if he wants to continue earning from youtube, sponsors and his consulting
my predictions for chris:
- within 5 years he will abandon the live humbly life. his nice and cheap renovated HDB is out, private property is in. there is no way he does not play the private property game.
- he will capitulate to btc eventually. everyone capitulates eventually. only question is whether you capitulate early and buy your first bitcoin at $1000, $10,000, $100,000 or 1 million dollars.
- he realize he cannot attain true "lifestyle freedom" as he needs to perform his financial entertainment with frequent video uploads. uploading videos with travel backgrounds isnt the flex anyone thinks it is. bro, you are working, just overseas. i suggest he hire a xmm co-host, but also that don't have an affair with her.
sidenote: what melvin lim did with PLB to eventually transition himself from being the main entertainment monkey, to being an occassional supporting character that runs the show behind the scenes is actually a very good template on how to pull back and actually get "lifestyle freedom".
one of the reasons why i like to talk about chris from honey money so much is because i see so much of my younger self in him. all his thinking right now? i've been through it and already came out the other end of the tunnel.
he is 1M34. very soon the next thing he needs to reach enlightenment for is: have all this money FOR WHAT? i look forward to see what his answer will be.
(spoiler: the answer will be private property)
