The Mind Money Spectrum Podcast

#56 The most important rule in finance.

January 05, 2021 Aaron Agte and Trishul Patel Season 2 Episode 4
The Mind Money Spectrum Podcast
#56 The most important rule in finance.
Chapters
The Mind Money Spectrum Podcast
#56 The most important rule in finance.
Jan 05, 2021 Season 2 Episode 4
Aaron Agte and Trishul Patel

In this episode, Aaron and Trishul have fun with math. Granted, this is likely the last thing you think about when it comes to having fun. But at least they end up entertaining themselves. The two discuss compound growth, Manhattan, and Benjamin Franklin. They also relate how the easiest way to benefit from compounding is to start early. Even so, it's never too late to begin planning for the future. They then explain how and why the Rule of 72 works. And in the end, they ask each other their favorite numbers. Just for fun.

Episode References

MMS: Buying stocks for fun
Why does the Rule of 72 work?
Investing Forever - Luck versus Skill
Investing Forever - Why Invest Forever?
Investing Forever - One Lifetime of Wealth
Investing Forever - A Little Goes a Long Way
Investing Forever - Rule of 72
Investing Forever - Just Another Founding Father
Investing Forever - Seeking Rent
Investing Forever - Devil Meets Details
Arithmetic vs. Geometric Average
Einstein - Compound Interest
Tony Gwynn
UCLA History
Leonhard Euler
The Wyatt Earp Effect

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

Show Notes

In this episode, Aaron and Trishul have fun with math. Granted, this is likely the last thing you think about when it comes to having fun. But at least they end up entertaining themselves. The two discuss compound growth, Manhattan, and Benjamin Franklin. They also relate how the easiest way to benefit from compounding is to start early. Even so, it's never too late to begin planning for the future. They then explain how and why the Rule of 72 works. And in the end, they ask each other their favorite numbers. Just for fun.

Episode References

MMS: Buying stocks for fun
Why does the Rule of 72 work?
Investing Forever - Luck versus Skill
Investing Forever - Why Invest Forever?
Investing Forever - One Lifetime of Wealth
Investing Forever - A Little Goes a Long Way
Investing Forever - Rule of 72
Investing Forever - Just Another Founding Father
Investing Forever - Seeking Rent
Investing Forever - Devil Meets Details
Arithmetic vs. Geometric Average
Einstein - Compound Interest
Tony Gwynn
UCLA History
Leonhard Euler
The Wyatt Earp Effect

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.