The Witch of Wall Street with Laura Tynan
Business:Investing
Hey witches, are you ready to unlock the magical power of compounding? This enchanting tool sits at the core of Warren Buffet's astronomic net worth - and in our episode, it's going to work for you! We pull some key insights from Morgan Hausel's book, The Psychology of Money, to help you unravel the mystique of compounding and understand its incredible power. And, we promise - by the end of this episode, you'll be wielding this tool with the finesse of an experienced sorceress.
Next, we're journeying to the fascinating world of Milankovic's theory, drawing enchanting parallels between earth's climate changes and your potential wealth growth. Seemingly small shifts in Earth's tilt can trigger ice ages - similarly, small changes in your investments can lead to staggering returns. It's like dating the ‘stable guy’, it might not always be glamorous, but it's reliable, and over time, it can lead to something monumental.
Lastly, we're brewing a compelling thought experiment around time and investing. Using Warren Buffett's success as our magical cauldron, we'll stir in the factors of time and patience to give you a clear understanding of the massive wealth disparity between him and Jim Simmons, despite the latter generating higher returns. As we wrap up, we'll reveal how you can cast your own wealth spells on our Witches of Wall Street website, harnessing the power of compounding interest.
So, gear up witches, and let's embark on our global mission to create more wealthy witches together!
xo Laura
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Ep 445: "Become Your Own Bank" with SheFi Founder & Web3 Expert, Maggie Love
EP 444: Navigating Risks and Riches pf Crypto Investing, with Girls that Crypto Founder, Fariah N
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Ep 439: Your Personal Invitation to Become an Invested Wealthy Witch
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Ep 434: Money, Sex and Magic - How to Manifest More using the Power of Sexual Transmutation, with Jannine MacKinnon
Ep 433: From Zero to a Million! Becoming an Unapologetic Rich Witch, with Amy Rushworth Wright
Ep 432: The Roadmap to Make Money in Your Purpose, with Hay House Author Liz Roberta
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Ep 427: Redefining Women's Financial Freedom with the Witch of Wall Street
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