41 min
NYP-16: Travel, Inflation and Appreciation. We're back from hiatus! Ngo Your Potential 💡
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- Economía y empresa
Our hosts David and Phil Ngo take Episode 16 to "Phil" you in on our summer hiatus,
David tells us about his summer adventure out in Western Canada (1:34).
David tells us about the road trip which involved trading off beautiful scenery with puking (3:16).
Phil tries to sell everyone on visiting Western Canada (5:03).
Phil took a break from entrepreneurship to go back to being an employee (5:40).
David and Phil discuss the remote working life and why companies need to adapt to fit this (8:39).
They speak to how these companies benefit the world economy by providing opportunities to people around the world who may not have a stable financial system to work with (10:25).
David discusses what it's like to network in a post-covid era (13:06).
A lot of people reached out to David asking how to invest in an era of near 0% interest rates (13:50).
Real estate comes to mind (15:45).
Phil re-iterates how money works and why real estate prices keep going up (18:13).
The big issue is also wage stagnation, COVID, and supply chain issues stemming from the pandemic (20:17).
Everything is going up in price.. or is your dollar just getting weaker because of inflation (22:50)?
Helicopter Money (24:46).
The market is not pricing labour properly (27:30).
David explains how his broken dishwasher is a sign of supply/demand imbalances (28:26).
Phil ensures people appreciate and recognize the luxurious and privileges we have to be living in a stable western world (30:05).
It all comes back to how much you value your time (31:16).
Every generation has their own problems and priorities (33:04).
Teaching privilege to your children (33:58)!
I hope our kids can figure how to help society, help the world because they grew up with less struggles (36:28).
Our plans for this upcoming season of the podcast (39:22)!
Shownotes:
Follow Us and Subscribe: www.ngoyourpotential.com
Our hosts David and Phil Ngo take Episode 16 to "Phil" you in on our summer hiatus,
David tells us about his summer adventure out in Western Canada (1:34).
David tells us about the road trip which involved trading off beautiful scenery with puking (3:16).
Phil tries to sell everyone on visiting Western Canada (5:03).
Phil took a break from entrepreneurship to go back to being an employee (5:40).
David and Phil discuss the remote working life and why companies need to adapt to fit this (8:39).
They speak to how these companies benefit the world economy by providing opportunities to people around the world who may not have a stable financial system to work with (10:25).
David discusses what it's like to network in a post-covid era (13:06).
A lot of people reached out to David asking how to invest in an era of near 0% interest rates (13:50).
Real estate comes to mind (15:45).
Phil re-iterates how money works and why real estate prices keep going up (18:13).
The big issue is also wage stagnation, COVID, and supply chain issues stemming from the pandemic (20:17).
Everything is going up in price.. or is your dollar just getting weaker because of inflation (22:50)?
Helicopter Money (24:46).
The market is not pricing labour properly (27:30).
David explains how his broken dishwasher is a sign of supply/demand imbalances (28:26).
Phil ensures people appreciate and recognize the luxurious and privileges we have to be living in a stable western world (30:05).
It all comes back to how much you value your time (31:16).
Every generation has their own problems and priorities (33:04).
Teaching privilege to your children (33:58)!
I hope our kids can figure how to help society, help the world because they grew up with less struggles (36:28).
Our plans for this upcoming season of the podcast (39:22)!
Shownotes:
Follow Us and Subscribe: www.ngoyourpotential.com
41 min