Providence Investment Class

We are going to spend a lot of time and attention in this course learning about and looking at businesses.  If we can learn how to view and analyze businesses with a business owner mindset, we will be better investors and better entrepreneurs.  

If it isn't obvious already, businesses are pretty important!  Not just for the sake of this class or for investing, but for all the ways we interact with them in our lives.  

Businesses are a big deal.  We buy from them, work for them, start them, and invest in them.  Without businesses, there wouldn't be much wealth, and the world would not be nearly as interesting! 

Now that you know a bit about who Warren Buffett is, let's discuss why he's worth studying and learning from in this next phase of our class together.  

Who is Warren Buffett??  I was hoping you'd ask that!  Let me tell you.  

As we transition between major investing topics, I'm answering a few important questions.  Is it clickbait, or do I actually answer the question of "how do I get rich"?? 

In this episode, we discuss the inflection point between being a net consumer and a net producer, what each means, and what you should focus on being right now.  

One of the marks of a great investor, in finance and in all areas of life, is the ability to manage trade-offs well.  Life is full of them, and we want to keep that in mind when making decisions with our limited investment resources.  

There are multiple ways to skin the cat of tracking and allocating your income and expenses.  In this episode, we talk about a few of those ways and the most important elements of budgeting.  

Debt can help you or hurt you.  It depends on how you use it.  In this discussion, we talk about the powerful tool of household debt.