Why you can stop worrying about "the" economy

Sep 24, 2020

There is so much noise.

You've probably shielded yourself from a million and one opinions and comments about the state of the economy and what you "should" be doing (insert about to be sick emoji). Noise, noise and more noise. And I'm willing to bet you've stressed or worried about those comments. 

Here's the thing babe... the one place where most people focus their attention, time and energy on is the one place that is a complete waste of time. So, want to know the difference between "the" economy and "your" economy? Tune in to this ep.

xo
Simone

 

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Prefer to read the transcript?

If you want to keep on earn more and make more money you're in the right place. I spent over 10 years learning from the most brilliant minds in money, wealth, and investing to take myself from 20 K in debt to a seven figure investment portfolio. Join in. As I share the secrets towards more growth, money investing and ultimately freedom. My name is Simone Masa, Huggins, and welcome to ms. Wealthy's kissed my money podcast.

Okay. My loves are you feeling this shift that is currently happening? I don't know how many times I have heard or even said myself that that's just seems to be this giant shift in this world right now. The energy 2020 is an interesting year. Obviously with everything that has happened, it feels like an entire decade and six months, but there are also massive shifts. Um, I'm feeling them, both myself and pretty much everyone in my field. Um, so if you're also feeling them and you feel like you're going through a transition right now, or I get it, you are not alone go. Uh, recently I've been reading a couple of books that are really blowing my mind, but really more so because I'm getting this stacking effect almost, you know, when you learn something from a course or a teacher or a program or an event or whoever, and you kind of get the lesson and you get the learning or you get that breakthrough and then you get it again.

When you've read a book, when you get it again, when you hear it again, you know, or it said to you or whatever a coach takes you through it, and it just hits so much deeper. I feel like that's kind of the phase that I'm currently in. I mean, this like stacking phase on a bunch of things, and I'm really getting the learnings and the lessons and the breakthroughs on a much deeper level right now, which is amazing. It's amazing. It's, I'm also still sitting in a lot of the unknown, I would say about what is coming up, uh, which is really exciting and sitting knee in the discomfort of the, of the unknowing. Um, but one of the clarity things that I do have that I'm very clear on is reshifting what's happening in terms of as wealthy and what we are focusing on, which is actually really exciting because previously I'd had this viewpoint that we had to kind of really only focus on one thing and that's now that's actually total.

Um, so investing bootcamp is not going away. However, we are going to bring it back into launch model, meaning having set times when we stop and we take you through four weeks to like get you through, and I'm probably gonna literally gonna have the program run twice a year, that's it? Um, so it's currently open and we're supporting all the women through there now, and I've already become investors and it's perfect and amazing. Um, and beautiful. And yeah, I think we're going to shift it back to lunch just so I can be in that, be focused on your, get you set up, get you investing, get your financial freedom path done and ready and on its way. And then we're done like right. Dusty hands-off. Okay. Next thing. Um, that's literally what it is. I know that co for the non investors out there right now, who I thinking, no, it's so much more complicated nor that so much to them.

Trust me, you get in the other side, you're like, Whoa, Holy crap. That was what was stopping me. Is it really that simple? Um, I don't know how many times that has been said to me, which is so beautiful and perfect. Um, and it just goes to show that, you know, it's made out to be a bigger thing. Um, and it's also Testament to how the program is designed and what I teach you and the knowledge blocks really that I break down for you. So that it's super freaking clear. Uh, and so that you get actually get the knowledge that you need to know, not all of the noise and that fluff and the information that's out there that is completely actually useless, actually kind of useless out there and you don't need to know, and it doesn't actually help you on creating financial freedom or being profitable in your investing journey.

Anyway. So we are changing that now right now. So if you, the dates have not been locked in for the next investment bootcamp kind of round proper around. Uh, so if you want to get in and you don't want to wait until that is announced, it could be in like three to four months time that we actually take everyone through in one go right now, it's an intimate, smaller group. So if you want to get into investing bootcamp now and get that access, now, then I would do that before we kind of close it down to prepare for a full launch and having a big group of women through to start investing. So I would make sure you join and get on that journey. Now, the other thing we wanted to talk about is abundance aligned is also changing. So I am dismantling that entire program because it is, is there is so much in there that it covers us so many different things, and it really needs to be pulled out to be separate things, the energetics of money, your human design, and how you create wealth, your manifestation tools and techniques, your, your belief system and what is actually limiting you because the number of people that have been through it and gone, Holy crap, I didn't actually know that, that, that was what I believe that was what was limiting me.

Um, I thought I knew what was stopping me in that it wasn't, it, there are so many different elements and layers and aspects to their program, and I'm actually going to split it out completely to have different almost like trainings, bundles, so to speak. So you can get exactly in that one area, what you actually want. So if you want to also get access to a answer line right now, before we pull it down, because genuinely the value in the, it should be a $2,000 program. Uh, and which was my plan, but I actually want to just pull it out into separate things so that you can decide on, you know, getting a specific training on exactly what that one thing is that you want. But if you, so if you want to get into one align and get literally everything for ridiculous value right now, I think it's like, it's one 97 us, which is, I don't know, two 70 or two 80 Australian or something.

So make sure that you get in now because we're going to be pulling it soon. Okay. So that's, that's an exciting change. The other thing I wanted to tell you is I have finally aligned with a trading trainer to teach you how to trade. And this is only for women who are clear on how the investing game works. You don't necessarily, you don't have to have come through investing bootcamp, but you do know how to, you need to know the basics of investing, right? You cannot become a trader unless, you know, literally how the jail Germans works, what a bull and bear market is the ins and outs of fundamental analysis. What technical analysis actually means, um, how to construct a portfolio, what risk management rains, the risk tolerance means there's so much. And all of that stuff will make sense if you've been through investing bootcamp and you're listening to this right now, uh, and you want to become a trader.

I now finally, uh, have the person to go to, um, for that. So I'm going to do the next episode is going to be dedicated specifically, to talk more about trading. If you have no interest in, you're happy with your investment portfolio and your investing decision in that creating financial freedom for you then. Perfect, great. Not everyone needs to become a trader it's not necessary. Uh, and it really is for certain personalities, certain people, some people are just wired for it and love it. And other people just have zero interest and that is perfect at home. So the next steps we'll, we'll talk about that. And I'll talk to you about who I'm aligning with and who I'm kind of essentially recommending now. And so I've become now an affiliate for him because he's literally the only one in the industry that I trust. And I'll be going to more detail about trading and kind of the background of that and why I'm aligning with him and why it matters.

And even if you don't go, and if you want to become a trader and you don't want to go and use, uh, him or train from him, then at least, you know what to look for for the person that does train you in trading. Because I am going to tell you who it is. It is a giant show out there in the trading world. There is so many trying to find the right word, unscrupulous people, unfortunately, in the trading world, because there is a lot of money to be made with being not transparent. Anyway, I was about to go into this whole spiel, but I'm going to leave that to the next app. This one, I want to talk about something that I really wanted to share with you because my client asked me this question. She recently did online UPW, which if you're in Tony Robbins, well, do you know that means unleash the power within.

So he made it a digital event because usually it would run in September in Australia, at least, um, physically in Sydney. But hello, COVID, everything's gone digital. I mean, is there anyone else right now that is just crazy group, massive, um, interaction. Like I tell you, I just want that physical, like actual experience of having someone to see and touch and dance with. Like, if you haven't been to date with destiny or UPW, then you know, the experience, it is different. It's a very different experience to try and emulate that to be an online thing. But anyway, I know a bunch of people that did UPW online that got some great breakthroughs and blah, blah, blah. And my client said to me, she boxed me and she was like, you know what? There was this topic about this in this mini group about, um, kind of investing and financial freedom and blah, blah, blah.

And then all these other people were weighing in about the current state of the economy and that it's on a downtrend. We're going to have another crash and blah, blah, blah, blah. And you should really pull all your investments. And then other people were saying, well, you should really start investing now and you really need to be in the market and blah, blah, blah. This will happen a lot. It will happen. The more you talk about it, people will weigh in on that, on, on their opinions and one from your financial freedom journey on your investment portfolio and what you should or shouldn't do. Uh, people love to talk about what they think you should do based on their knowledge. Hmm. That one go away. People have opinions. They're entitled to it. Good for them. Some people have found what works. Some people have crashed and some people have been burnt, you know, from other decisions that they've made. And some people will say the stock market's risky. Most of those people don't ever actually invest in the stock market, or they just know someone who didn't know how to invest and then lost money. And that's what they're basing it off. Here's the thing you've got to know that

There will always

Be noise. And that's what I mean when I say, you know, think about this, think about a giant, what's the analogy here, a giant, like a balloon, right? Massive balloon, massive balloon. That's all the noise out there. That's just the noise of like people and the news and like just useless noise. I mean that in the most compassionate way, it's, it is actually useless. It doesn't help you. It only hinders you. And the only thing that makes investing different

Colt is the second

[inaudible] meaning managing your emotions and your mindset around the noise in the market. I'm not even kidding you when Warren buffet says investing is simple, but not easy. That is what he means. And that is why I've at the investing bootcamp group is so important to me because you can go in there and vent or talk about what's going on in the market. And you can come back to get sound knowledge and, you know, bring you back down to come back to what is actually important, what matters rather than react and get caught up on the useless noise. So if you think about the noise and then just

Draw, like, uh, if you were to draw

Like a tiny face, like some eyes and a smiley face on this big balloon, right? And then you take one of those eyes that is act the actual knowledge. That's the knowledge,

Right? That's that's it.

But if you would take the whole face that's information, so it doesn't take up the whole balloon. It's not totally all the noise, but there is still a crap ton of information out there. Most of which is pretty, still pretty useless to you. There's a lot of information on trading that most of it won't relate to. You won't apply to you. There's a lot of information on stock picking and fundamental analysis, which still probably doesn't relate to you because you've spoken. If you've heard me say before that 94, sorry, 96, 96% of stock pickers. People that try and analyze what company is going to be the next boom, whatever, and stock pick your way to an investment portfolio. 96% of them do not beat the market. The market being the portfolio of funds, index funds and ETFs 96%. I really want that to sink in.

I know I've said it before and I will keep saying it till people get it. So a lot of the information out that is on that, which is useless because you want to be the 4%, right? You want to, you want to be the people that actually take the market returns. Very few people can be in that 4%. And in the 4% are people that, uh, trait, systematic traders who know what they're doing, which is what I'm going to talk about in the next episode. Otherwise you want to be the market, be the market, not try and beat it by being that 94% that never freaking do, but be the market. Okay. Because what happens in the market always goes up the market always freaking readjust because we always have new players right now, we're in a tech boom, and they are basically carrying this current ball or uptrend, at least out of the bat that we've been in, which this bear has actually been pretty short in comparison to previous bear markets, meaning corrections or crashes, um, out of COVID depending on where you are.

Okay. So coming back to what was the actual question that my client asked me? She said, only people are saying this stuff to me. And obviously she is, she's a one-on-one client. So she knows exactly how to operate and yet people can still pull you out. You can still get pulled back into patterns that can distract you. And when people are so certain about their position, about what you should or shouldn't do, and you don't have the certainty in yourself to basically tell them to F off, at least with your energetic field, you don't have to say it with words, but your energy can say it all right. Then sometimes that can penetrate your field and it can start effecting you. And she boxed me and she was like, Oh, these people have said this, you know, this is this about the economy. And what's happening with the economy.

And this is happening with the economy. And I should do this because of the economy. And I just want him to like check in on that and I've Oxo back. And I was like, this is the thing. There is the economy, meaning the economy outside of you. And then as your economy, your mini economy. And I say mini, because it is mini compared to the trillions of dollars that is circulating the economy, the economy, meaning in your home country, if you're listening in Australia or the UK or the us or anywhere else in between, there's the economy, it can be your country. It could be internationally. It could be your region. It could be your state. It could be a sector like the tech sector, the mining sector, the health sector and tourism sector. There are plenty of the economies, but there is only one, your economy and your economy is the only one that you can control.

Nothing else. Here's the thing. You cannot control the economy. You can't, it that it's a moving bills based. There are trillions of dollars, literally circulating every freaking second, not an exaggeration guys. So to think that we would have control over that is well, that's a waste of energy. And yet that's where everyone puts their focus, time, attention, and energy on the economy, rather than controlling your economy, which is the only one. You have power and control over your economy, meaning your income, your revenue, what you bring in, what you invest in what dividends you get, how many income streams you have, what your performance is, what your profitability is, uh, literally your investment portfolio, and then other things do you want to buy businesses? Do you want a career job? Do you want to invest in stocks? What does that, what does that portfolio look like?

Do you want to invest in real estate? And your economy is very different to the economy. And here's the thing someone's economy that is based in the U S it's going to be very different to someone else's many economy is based in Australia. We have different performances. Sometimes they're pretty closely related, but not identical. There's a correlation, meaning they move in similar waves, but not massively. So for example, in 2008, GFC, uh, the U S crashed close to 50% Australia. Didn't currently in this kind of correction or a crash, even though the crash has come and gone. Um, the U S pretty much rebounded back to the same place it was, whereas Australia has not. It hasn't rebounded completely. So there are D depending on your actual country, there are, there's different the economies, and depending on what you have invested in as an individual, and what other things do you have in your life, in your mini economy, whether it's a business or a job, or both, or a side hustle or investment properties, or the stock portfolio in your stock portfolio, you might be invested in purely international funds and nothing locally, or you might have a hundred percent locally, or you might have a hundred percent bonds, or you might have invested a hundred percent into real estate stocks, which does not perform the same way as when people referenced the economy and how it's crashed or rebounded, or has it has a correction.

Are you starting to see the difference? So even to people that live in the same place, and they both might have a job, they might have still have different the economies because they invest in different things. And so this is why it's so few tile listening to people say things that really are irrelevant to your mini economy, because what's happening in the economy. Wow. That's what's happening. Okay. And guess what? You can always profit and maximize returns based on what the economy is doing, because there's always an economy that is performing. You can make money in a bear market, meaning a market that's going down. You can make money in bonds. And often that has an inverse correlation, meaning bonds perform well. When stocks don't, you can invest in real estate. When the stock market is crashing and you can invest in real estate on the stock markets, you don't have to have a hundred thousand dollars deposit to buy a house.

By the way, you can invest in stocks while everything else isn't going well, you can invest internationally when your current country is not going well. And you can have a portfolio that weathers all storms, Ray Dalio calls it an all weather port while you're. And that means that your mini economy really isn't affected by the economy. And so that I really want to sink in when people try and tell you what you should or shouldn't do. There are so many options guys, and it really has to come back to what you want, what your goals are, what your objectives are, how you want to live and what you do with your money and what wealth you want to create. So the whole objective with investing bootcamp is to set you up so that you create the wealth that you actually want. And people are shocked.

They are genuinely shocked. Like one of the members in that her goal was to have 10. I think she started with three course, three or $5,000. A few months ago, her goal was to have $10,000, um, less than six months later, she's now at 20,000. And she came into the grocery side. I have to completely readjust my goals now because I realized, cause there was playing way too small. And this is ridiculous. And this is what actually happens when you start and you start to see it like build what is happening in the economy is nothing to do with your mini economy. You can control whatever you want because you have the power, babe. That's how powerful you are. Okay. I have that lesson. In fact, no, I'm not going to say I hope. I know that lesson has been helpful for you, for you to come back to your confidence, your power, your control. Oh, so delicious. So delicious. That is the entire reason I actually started. Ms. Wealthy for you to come back to your control around your money, your wealth, your creation, and your financial freedom. So good. So good. All right, bye. Enjoyed. And I will see you in the next app.

Thank you so much for tuning in today. If you have loved this episode, be sure to drop a review on iTunes and make sure you screenshot it and send it through to me so I can keep sending you and keep giving you more podcasts and keep sharing the love. Also, if you haven't connected with me yet on social media, make sure you follow me on Instagram at ms. Wealthy, official, even more content. I love connecting with my babes there. Otherwise I will see you next week on another app.