#28: Brace for Another Market Puke... By Investing MORE! W/Ted Reilly and Sam Prickett

Imagine you just finished heaving, you crawl back to the couch on your  knees feelin relieved, thinkin “everything’s ok again, phew!”   Well, that’s what January (and so far February too) was like for stocks.  Feels ok right now..... but that sh!t ain’t gonna last! So start  runnin’ for the hills (uh, really bathroom) right?   Nope. No such thing as a quick buck in my book. Only way to brace for  another puke is...wait for it...invest MORE! Real wealth doesn’t happen  in a day or a week. It happens with *disciplined* investing.   On this podcast, Ted & Sam join us to talk about the markets — and  how I do not believe it’s possible to be a daytrader and reliably make a  quick buck.   We also bang the ringside bell for the boxing match that’s now underway  between the most powerful person in the world — D-Trump — and the  richest person in the world — Jeff Bezos. *Michael Buffer* LLLLLLLet’s  get ready to rummmmbllllllllllle!!!   What does this - and the Virginia governor fiasco - mean for stocks?  Will “cancel culture” soon take over the biz world? What the hell is  “cancel culture” anyway?   Finally, Ted and I wrangle over how much the Cubs should get “cancelled”  due to Grandpa Joe Ricketts hating on minorities, and whether the Cubs  franchise will take a valuation hit the way the Reds (Marge Schott) and  Clippers (Don Sterling) did years back. Show Notes: 19:00 The markets - keep investing even when the market is puking. 60-20-20 rule  24:00 How much does the president have to do with the economy? 27:30 On average your investment doubles every 7 years. #KeepInvesting 37:00 Why don't people think about the numerator? How much of you stash can you spend per year?  #KeepYourNumeratorLow 45:30 Now's the time to buy real estate 50:00 Cancel culture - black face? 1:00:00 Bezos vs Trump - Are Trump and Saudi govt behind this?  1:21:00 Chicago Cubs and the Ricketts racist anti muslim emails