Dan Martell - January 22, 2025


What to do with $500 💸

Hosted by
Dan Martell
You don’t need money to start a business You cannot expect your parents to understand

Episode Stats


Length

59 seconds

Words per minute

115.04

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).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
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.