Dan Martell - January 22, 2025


What to do with $500 💸


Episode Stats


Length

59 seconds

Words per minute

115.038345

Word count

115

Sentence count

8


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The market rewards people for the value they create, not for the time they put in. So if you've got $500 and you want to make a return on that, investing in you to be more valuable to other people is the best ROI.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 So I've got 500 bucks.
00:00:01.120 Where should I invest my money?
00:00:02.100 The best return is to invest in you becoming more valuable.
00:00:05.040 So not in the S&P?
00:00:06.180 No, not in the market.
00:00:07.560 Dude, the market rewards people for the value they create, not for the time they put in.
00:00:11.940 So if you've got 500 bucks and you want to make a return on that,
00:00:15.480 investing in you to be more valuable to other people is the best ROI.
00:00:20.140 Because instead of making 12 bucks an hour, you can make 17 an hour, 25 an hour, 50 an hour, 100 an hour.
00:00:27.260 The S&P 500 ain't getting you those kind of returns.
00:00:30.000 Let's get started.