PODCAST · business
Outcome Becomes Income
by Outcome Becomes Income
Mark Twain said, "The man who does not read has no advantage over the man who cannot read." The same can be said of investing. The person who can invest, but does not, has no advantage over the person who does not have the ability to do so. To our benefit, there have never been more options available to invest. With as little as $1, a brokerage account, time and patience, anyone can get started. My aim is to create an inclusive community and build long term wealth together. Please join me as outcome becomes income!
Episodes
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Investing and Life Old School Style - "Nice Little Saturday"
In the scene of "Old School" where the character Frank plans a nice little Saturday, we see a humorous depiction of suburban leisure activities, including visits to Home Depot, Bed Bath & Beyond, and perhaps a casual round of golf. This scene captures the mundane yet relatable moments of adult...
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Random Thoughts on Investing and Free Cash Flow
Join me on this episode of Outcome Becomes Income as I share some random thoughts on investing, exploring connections between psychology, friendship, the fundamental idea of free cash flow, and stocks on my watch list. I discuss the concept of free cash flow and its significance in investment...
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17. Leadership & Investing
This was recorded a couple months back, Terra Luna and it’s founder we’re in the news about shady cryptocurrency practices, but this topic is even more relevant today with the collapse of FTX and how Sam Bankman Fried has handled it. We can learn a lot about a company, it’s products, and culture...
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16. What Does Market Cap Mean?
We hear a lot of terms used in investing, but we don’t always know which ones are useful and what they mean. One term we offer hear is “Market Cap” which is short for market capitalization. This is the total value of a publicly traded company's outstanding common shares owned by stockholders....
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15. “A portfolio is like a bar of soap”
One of the most profound quotes about investing is from William Bernstein. “A portfolio is like a bar of soap the more you use it the smaller it gets.” Now what does this mean? Tune in and find out. Thank you for listening!
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14. Wayne Gretzky & Where the Puck is Going
There's a story I once heard about Wayne Gretzky. After practice or a game, his father would have Wayne do an exercise and draw on a piece of paper all the places in hockey rink the puck went. The idea being that if the great one could determine all the places the puck had been, going forward he...
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13. What Can Ruth Bader Ginsburg Teach Us About Investing?
What can Ruth Bader Ginsburg teach us about investing. I saw a sticker with a quote attributed to her, "to those accustomed to privilege equality feels like oppression." Once upon a time the stock market was like this. Not everyone had had access to invest, and if you did it was still very...
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12. The Stock Market Is A Weighing Machine
In his famed parable Mr. Market, Benjamin Graham said, “In the short run, the market is a voting machine but in the long run it is a weighing machine.” As investors we are in stock market for multiple decades. A publicly traded companies growing revenue, profits, and consistent cash flows may not...
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11. Optimist vs Pessimist
My thoughts on optimism vs pessimism and how these philosophies apply to investing. If you’re optimistic about the future and believe the world will be a better place through innovation and technology you should be bullish on investing in the stock market. The potential upside is infinite. If...
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10. Atomic Habits
Several months back, I read Atomic Habits by James Clear. The book is a guide that can help us implement small habits in our daily lives to help improve ourselves and reach goals incrementally over time. I’ve been thinking a lot about a story from this book recently regarding a professor of a...
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9. Parable of the Mexican Fisherman & the Harvard MBA
I come across this parable often, and I time I do, I read it. I’m always reminded how accurate it is at explaining what so many of us do in our daily lives buy running the rat race. I retired early, and at that point hadn’t yet read the parable. It was only after I read this for the first time…
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8. How Investors Under Perform
I came across this article on Forbes by Jonathan Dash, How Investors are costing themselves money. The article talks about Peter Lynch, who managed the Fidelity Magellan Fund from 1977 to 1990. While he managed the Magellan fund it averaged an annual return of 29%. For context the S&P 500…
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7. Herd Mentality in Investing
I was recently watched a video on YouTube revolving around an experiment in an elevator. This got me thinking about herd mentality, how we are wired this way, and how it shows up in investing in the stock market regardless of if it is going up or down. Here's a link to the video of the experiment...
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6. Basics of an ETF
In reading Peter Lynch’s classic book Learn to Earn, he makes the point how many people invest in stocks, but how few research stocks before buying. This got me thinking many investors may not have an interest in doing research on individual companies, so this seems like an opportune time to go...
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5. Real estate vs Stock Market
Scrolling through Twitter I came across a thread on a person stating that their returns from real estate far outpaced their returns from the stock market. This got me thinking, is one better than the other? And more importantly, is there a place in one’s portfolio for both? Listen in to hear my...
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4. Cash is a willing worker
I’m reading The Richest Man in Babylon by George S. Clason. After almost 100 years in print this book is still regarded as a classic of personal financial wisdom. Monetary advice is given through a collection of parables set in ancient Babylon. The section about the 5 tenants of gold got me...
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3. Brokerage Account
Join me as I discuss what a brokerage account is, how to set one up, and three of my favorite brokerages. If you choose to open an account with any of these brokerages you can use the below referral links, and we can both earn a bonus. Thank you for listening! https://m1.finance/yCw5JFTBwX2G...
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2. Fractional Shares
We to invest for a sound financial future, and one of the best vehicles to do so is the stock market. We can buy part ownership of publicly traded companies. If we’re starting small we may not be able to buy a whole share of a companies stock, or a whole share might be our entire investment…
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1. Emergency Fund
Life has a funny way of getting in our way. Please join me as I give some basics on what an emergency fund is and why we need one before start investing.
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Introduction to Outcome Becomes Income
Hi, I'm Nate your host and partner on this journey, and thank you for joining me on Outcome Becomes Income. This is my effort to build an inclusive community to talk all things personal finance and build long term wealth through the stock market $1 at a time. Please subscribe, rate and review…
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ABOUT THIS SHOW
Mark Twain said, "The man who does not read has no advantage over the man who cannot read." The same can be said of investing. The person who can invest, but does not, has no advantage over the person who does not have the ability to do so. To our benefit, there have never been more options available to invest. With as little as $1, a brokerage account, time and patience, anyone can get started. My aim is to create an inclusive community and build long term wealth together. Please join me as outcome becomes income!
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Outcome Becomes Income
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