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Vary the Size of Your Buckets - Episode 289
Manage episode 374329594 series 1936614
Vary the size of your buckets depending on your risk tolerance.
Links and Resources from this Episode
- DISCLAIMER
- For resources and additional information of this episode go to http://engineeroffinance.com
- Connect with Ken Greene
- http://engineeroffinance.com
- Office 775-624-8839
- https://www.linkedin.com/in/ken-greene
- https://business.facebook.com/GreeneFinance
Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here
Episode Highlights
- The use of "buckets" to enhance financial strategies
- Casinos as an example of risk tolerance; it's not about winning all the time, but limiting the losses
- Allocation and size of buckets for investments, highlighting shelter as a “big bucket”
- Defining an exit strategy before making investments
- Having varied sized buckets to handle risk
- Zero tolerance for high credit card interest rates
- Having a ‘bucket’ for liquid money as it provides flexibility to be more aggressive in other areas of investment
- Changing habits for better health, utilizing the bucket metaphor
- Reducing his coffee intake
Review, Subscribe and Share If you like what you hear please leave a review by clicking here
Make sure you’re subscribed to the podcast so you get the latest episodes.
310 episodes
Manage episode 374329594 series 1936614
Vary the size of your buckets depending on your risk tolerance.
Links and Resources from this Episode
- DISCLAIMER
- For resources and additional information of this episode go to http://engineeroffinance.com
- Connect with Ken Greene
- http://engineeroffinance.com
- Office 775-624-8839
- https://www.linkedin.com/in/ken-greene
- https://business.facebook.com/GreeneFinance
Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here
Episode Highlights
- The use of "buckets" to enhance financial strategies
- Casinos as an example of risk tolerance; it's not about winning all the time, but limiting the losses
- Allocation and size of buckets for investments, highlighting shelter as a “big bucket”
- Defining an exit strategy before making investments
- Having varied sized buckets to handle risk
- Zero tolerance for high credit card interest rates
- Having a ‘bucket’ for liquid money as it provides flexibility to be more aggressive in other areas of investment
- Changing habits for better health, utilizing the bucket metaphor
- Reducing his coffee intake
Review, Subscribe and Share If you like what you hear please leave a review by clicking here
Make sure you’re subscribed to the podcast so you get the latest episodes.
310 episodes
All episodes
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