MI157: Just Keep Buying w/ Nicholas Maggiulli

<p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong>&nbsp;</p><ul><li>06:02 - Why many people should put more focus on growing their income to build wealth.</li><li>06:02 - How one should go about building additional income streams on the side.</li><li>15:46 - How using the 2x spending rule can help you eliminate guilt in making larger purchases.</li><li>29:54 - Nick’s thoughts on what to do with money intended to be used as an emergency fund or a home down payment.</li><li>44:27 - Why Dollar-Cost Averaging is better than trying to time the market.</li><li>54:04 - Why you should reconsider maxing out your 401k if you’re currently doing so.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>EPISODE RESOURCES</strong></p><ul><li>Robert and Clay’s tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank"><strong>TIP Finance</strong></a>.</li><li>Check out Nick’s new book, <a href="https://www.amazon.com/Just-Keep-Buying-Proven-Wealth/dp/B09RR2424L?keywords=just+keep+buying&amp;qid=1648677037&amp;sprefix=just+keep+buy%2Caps%2C404&amp;sr=8-2&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=442fcd9de901fba7a2943d9311343778&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Just Keep Buying</strong></a>.</li><li>Check out Nick’s blog, <a href="https://ofdollarsanddata.com/" rel="noopener noreferrer" target="_blank"><strong>Of Dollars and Data</strong></a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/young-investors/" rel="noopener noreferrer" target="_blank"><strong>MI115: Young Investors Getting Started w/ Kelly Lannan</strong></a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/good-money-revolution/" rel="noopener noreferrer" target="_blank"><strong>MI143