You Should Spend More (Probably) - Frank Vasquez | MHFI 279

Doug chats with Frank Vasquez from the Risk Parity Radio Podcast about his extensive investing experience while offering insights into balancing life after achieving Financial Independence.  Frank discusses the importance of intentional spending, significance of meaningful relationships, psychology behind saving and spending, how to diversify investments to secure a sustainable future, and giving back.  Doug & Frank also dive into a listener’s question about managing financial decisions during market volatility.

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• Guitar Accessories
• Hiking & Outdoor
• Essentials for Sleep

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Links

• Risk Parity Radio Podcast
• Fundamentals of risk-parity style investing:
  • Episode 1 (Introduction)
  • Episode 3 (History and Development of Risk Parity)
  • Episode 5 (History and Development of Risk Parity)
  • Episode 7 (Three Principles)
  • Episode 9 (Choosing Investments)
• The Father McKenna Center
• Entrepreneurship for All (EforAll)
• Frank’s 10-Year Mortality Probability Chart
• David on MHFI episode 277
• Early Retirement Now, “Using Gold as a Hedge against Sequence Risk – SWR Series Part 34″
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s new blog: Epic Financial Journey

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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.**

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The Doug Show, aka Affiliate Marketing & Side Hustles

Email the show: [email protected]

0:00 Introduction

5:32 Asparagus vs. brussel sprouts

13:30 Evolution of the FI community

20:28 Wellbeing & contemplating death

27:06 Transitioning from saving to spending

33:33 Spending money to improve relationships

40:38 Experiences & building new friendships

46:59 Importance of giving

54:37 David’s financial journey

1:03:31 Diversification

1:11:05 Risk Parity Radio Podcast

1:17:19 Soundcheck – Bitcoin