When you, the individual, negotiates a bargain with our economic system regarding your decision to exchange your time for money is dictated by the standard BATNA (Best Alternative To Negotiated (Or No) Agreement) which is "if you don't work - you will starve and be homeless". In this episode I talk about how I use passive investments into broad market passive ETFs (exchange traded funds) to improve my BATNA and create options in the future with how I approach society with the bargain around how I use my time. Disclaimer: Please note this podcast does not constitute financial advice - it is provided for educational purposes only. Investing and personal finance decisions should be made based on your individual financial situation, goals, and risk tolerance. Always consult a licensed financial advisor or professional before making any investment decisions.
Want a great resource to learn more about passive investing in detail? Visit https://passiveinvestingaustralia.com/ (Note: Whilst this is an Australia focused resource there are fundamentals of investing and risk management which will be useful to all listeners)