WEBVTT 00:00:00.280 --> 00:00:09.960 Hello, my name is Frank and welcome to the Frankly Speaking podcast. Today I'll be talking about money, specifically how to make money and how to retire early. 00:00:10.540 --> 00:00:21.780 There's a common misconception about how much money you actually need to retire early. Some people think you need to be making millions of dollars or just insane amounts of money to retire early, but that is not true. 00:00:22.800 --> 00:00:30.460 Retiring early is all about how much you can save and invest and how much you actually spend. If you don't spend any money, you'll be able to retire today. 00:00:31.100 --> 00:00:37.460 So say you spend no money at all for your daily living expenses, you'll basically be able to stop working immediately. 00:00:38.000 --> 00:00:44.940 On the opposite hand, say you make hundreds of millions of dollars a year, but you spend all of that money, you'll basically never be able to retire. 00:00:45.520 --> 00:00:53.180 Now, most people are between these two extremes. There's a really simple mathematical formula that will determine if you're able to retire right now. 00:00:53.960 --> 00:00:59.000 A lot of people ask me, how much money do you have and how did you know you were ready for retirement? 00:00:59.540 --> 00:01:04.840 Right now, the value of our investments is $2 million. There's something called the 4% rule. 00:01:05.440 --> 00:01:10.940 Basically, you're able to take out 4% of your investments every single year and use that money to live off of. 00:01:11.160 --> 00:01:16.060 This is because your investments are expected to grow at a rate of 6-7% every single year. 00:01:16.560 --> 00:01:21.680 If you're only taking out 4% a year, your investments should theoretically last an entire lifetime. 00:01:22.500 --> 00:01:26.720 And this is because your investments are growing at a rate faster than which you withdraw at. 00:01:27.300 --> 00:01:31.240 So, for $2 million, we can live off of $80,000 per year. 00:01:31.800 --> 00:01:33.980 Now, obviously, everyone's situation is different. 00:01:34.640 --> 00:01:37.360 If you live in a high cost of living area, you'll need more money. 00:01:37.580 --> 00:01:39.860 If you live in a low cost of living area, you'll need less. 00:01:40.680 --> 00:01:48.120 You want to reach the point at which your investments can cover your cost of living by taking out that safe withdrawal rate of 4%. 00:01:48.120 --> 00:01:50.640 The earlier you start investing, the better. 00:01:51.220 --> 00:01:58.020 To figure out what amount of money you actually need to retire, you have to first figure out how much money you're spending every single year. 00:01:58.780 --> 00:02:04.580 If you're only spending $40,000 a year, you'll only need $1 million to retire comfortably. 00:02:05.140 --> 00:02:09.920 Now, I am not a financial advisor, and none of what I'm about to say is financial advice. 00:02:10.080 --> 00:02:17.720 I'm just telling you my story and sharing knowledge on how I was able to retire early and how anyone can achieve financial freedom at a young age. 00:02:18.440 --> 00:02:23.180 All right, so now we've talked about how much money you actually need to retire based on how much you spend. 00:02:23.820 --> 00:02:27.580 Now, how do you actually go about making money and investing that money? 00:02:28.720 --> 00:02:37.560 The easiest way to make money and most consistent way is to get a job, specifically in software engineering and specifically in the technology industry. 00:02:38.200 --> 00:02:44.180 Technology gives companies an extreme amount of leverage, which is why they're willing to pay so much money for that position. 00:02:44.540 --> 00:02:48.140 It's because you're actually providing more value to the company than they're paying you. 00:02:48.740 --> 00:02:52.100 That might sound really obvious, but it doesn't click for a lot of people. 00:02:52.880 --> 00:02:54.760 Companies exist to make money. 00:02:55.120 --> 00:02:56.900 They would not pay you more than you're worth. 00:02:57.700 --> 00:03:00.480 There used to be a saying called software is eating the world. 00:03:01.240 --> 00:03:04.020 That saying is no longer true because it already happened. 00:03:04.460 --> 00:03:10.240 The salary and total compensation for software engineering roles in the past year have absolutely exploded. 00:03:10.600 --> 00:03:16.480 That market is extremely hot for software engineers right now, and companies are fighting each other for talent. 00:03:17.280 --> 00:03:21.920 Amazon recently raised their salary bands across all pay levels by 10%. 00:03:21.920 --> 00:03:26.320 The top software engineering companies cannot hire fast enough. 00:03:27.120 --> 00:03:30.840 A lot of people also ask me, well, what about automation and AI? 00:03:31.020 --> 00:03:33.700 Like, won't software engineering be automated away eventually? 00:03:34.540 --> 00:03:39.220 Anyone who has worked in software engineering will let you know that this is absolutely not the case. 00:03:39.800 --> 00:03:43.740 Software engineering and coding will be the last job to be automated away. 00:03:44.380 --> 00:03:47.780 A lot of people also ask, well, what about in like 5 to 10 years? 00:03:47.920 --> 00:03:49.540 Like, will it still be an in-demand profession? 00:03:50.120 --> 00:03:52.560 The answer again is yes, it will be in-demand. 00:03:53.360 --> 00:04:01.740 Barring some sort of economic recession or collapse, software engineering will always be a stable and high-paying career profession. 00:04:02.020 --> 00:04:10.740 The reason the demand might dip if there is a recession or depression is because the entire market will dip and the demand for all jobs will be lower. 00:04:11.560 --> 00:04:21.420 In the past, a lot of top tech companies also agreed to collude and not hire or poach software engineers from other companies, but they got caught and were fined for doing so. 00:04:22.220 --> 00:04:28.480 Because software engineers are so in-demand, companies regularly poach top employees from each other's companies nowadays. 00:04:29.680 --> 00:04:32.080 Alright, Frank, so software engineering is amazing. 00:04:32.220 --> 00:04:32.940 Like, how do I get in? 00:04:33.000 --> 00:04:34.080 How do I start making this money? 00:04:35.080 --> 00:04:40.840 Now, there are three ways that you can get into software engineering, and I'll go through the pros and cons of each of them right now. 00:04:41.840 --> 00:04:45.660 The first way, and the most traditional, is to go get a four-year degree. 00:04:46.380 --> 00:04:52.280 This will take the longest amount of time, the most amount of money, but it will also be the easiest by far. 00:04:52.880 --> 00:04:56.820 A lot of the course material you'll take in college is actually not that useful for the real world. 00:04:57.340 --> 00:05:00.280 You'll learn the majority of what you need to know actually on the job. 00:05:00.900 --> 00:05:03.080 However, college does have some benefits. 00:05:03.720 --> 00:05:07.480 You'll be able to make friendships and really be able to explore what you're interested in. 00:05:07.840 --> 00:05:13.720 You'll be able to take electives in other areas, make a lot of friends, and just generally do whatever you want for four years. 00:05:14.920 --> 00:05:21.400 Computer science, software engineering, and computer engineering are all majors you can take that will eventually lead to a career in coding. 00:05:22.060 --> 00:05:31.700 You can take other majors as well, such as physics or mathematics, but those are less common, and I would recommend you stick with one of those three I mentioned before if you're serious about a career in software engineering. 00:05:32.160 --> 00:05:37.740 For people who have already taken their bachelor's, you can also do a master's degree, which typically takes around one to two years. 00:05:38.620 --> 00:05:42.260 So why wouldn't people want to take the first option if it's the easiest route? 00:05:43.000 --> 00:05:45.260 Well, it's because coding bootcamps exist. 00:05:45.760 --> 00:05:52.340 A coding bootcamp is typically four to six months, and then you'll need three months of self-study usually for the interviews afterwards. 00:05:52.760 --> 00:05:56.820 It takes way less time than a traditional degree, and it costs a lot less money. 00:05:57.220 --> 00:06:00.100 The downside is that the pace is way more intense. 00:06:00.600 --> 00:06:05.720 So for college, a normal semester, you might take 12 to 15 credits, and at most, three technical courses. 00:06:06.520 --> 00:06:12.240 This gives you plenty of time to have fun, socialize, or just do nothing if you wanted to. 00:06:13.180 --> 00:06:14.620 Coding bootcamps are not this way. 00:06:14.880 --> 00:06:20.460 You'll be attending classes for eight hours every single day, and you'll most likely have homeworks and projects outside of that. 00:06:21.040 --> 00:06:26.820 This is simply because the amount of material you need to get through is condensed into a much shorter time frame. 00:06:27.320 --> 00:06:34.380 Even after completing a coding bootcamp, you'll most likely need to self-study data structures and algorithms in order to pass the interviews. 00:06:35.300 --> 00:06:39.840 However, this is the most efficient way to transition over to becoming a software engineer. 00:06:40.900 --> 00:06:47.540 The third way is to basically do self-study, and this is the most difficult path because there's no one there to hold your hand. 00:06:48.140 --> 00:06:54.680 You have to keep yourself accountable, and there's very little support in terms of having peers or mentors to help you along the way. 00:06:55.340 --> 00:07:02.600 Throughout my career, most people I met went through the traditional route, followed by bootcamp, and I've only met a handful of people who were self-taught. 00:07:03.180 --> 00:07:12.480 So depending on your time frame, financial situation, and just how much willpower you have, you can choose any of the three different routes to transitioning into a software engineering career. 00:07:13.340 --> 00:07:17.520 Okay, so say you actually have the credentials to get interviews for software engineering. 00:07:17.840 --> 00:07:21.840 I'll talk a little bit more about the interviews and what you actually need to pass those interviews. 00:07:22.600 --> 00:07:27.720 Interviews can essentially be split up into two major categories, the technical portion and the behavioral portion. 00:07:28.120 --> 00:07:31.960 Earlier in your career, the technical portion will mostly be leak code style questions. 00:07:32.140 --> 00:07:33.780 So these are like coding puzzles. 00:07:34.340 --> 00:07:37.220 These will focus mostly on data structures and algorithms. 00:07:37.860 --> 00:07:43.320 You'll be expected to know the most optimal solution, both in terms of runtime and also space complexity. 00:07:43.900 --> 00:07:52.120 There's plenty of free learning material online that will coach you through these problems, such as the tech interview handbook, leak code, and other online materials. 00:07:53.380 --> 00:07:57.500 As you become more experienced, you'll also be expected to know more about system design. 00:07:58.160 --> 00:08:02.700 System design is basically how you construct the architecture for a specific problem. 00:08:03.560 --> 00:08:05.860 There's also a free online resource for this as well. 00:08:06.060 --> 00:08:07.480 It's called the system design primer. 00:08:08.480 --> 00:08:12.980 Behavioral questions are non-technical questions that basically ask how you would behave in certain scenarios. 00:08:13.800 --> 00:08:20.720 It might also ask what you've done in the past and kind of how you think about things in general when facing these social situations. 00:08:21.560 --> 00:08:32.280 Amazon has a really great framework for answering these types of questions called the STAR method, which can be summarized as situation, task, action, and result. 00:08:33.040 --> 00:08:38.060 If you're interested on more details about those study materials I just talked about, you can find them online through Google. 00:08:38.600 --> 00:08:44.560 All right, so now you've gotten the interview, you passed the interview, there's actually one last step, which is negotiating your offer. 00:08:44.980 --> 00:08:47.340 You should always negotiate your offer. 00:08:48.060 --> 00:08:53.480 Typically, the worst thing that can happen is that they say no, in which case you end up with the same offer anyways. 00:08:53.880 --> 00:09:01.380 There is a very rare chance that they actually rescind your offer, but any company that actually does that probably isn't worth your time. 00:09:02.600 --> 00:09:05.620 All right, how do you actually negotiate job offers? 00:09:06.360 --> 00:09:14.800 There's tons of books and online materials written about this topic, but I'll go over some of them now and then also link you to further reading resources if you're interested. 00:09:15.340 --> 00:09:18.720 The number one best negotiation tactic is FOMO. 00:09:19.180 --> 00:09:24.260 If you have offers with lots of different companies, that makes all of them compete for you. 00:09:25.000 --> 00:09:29.680 The basic reasoning is, well, if Frank got through the Google interview, he must be really good. 00:09:30.000 --> 00:09:32.840 If Google and Facebook both want him, I really want him now. 00:09:33.320 --> 00:09:40.060 So when you're interviewing for all these companies, you basically want to make it so that all the interviews happen at roughly around the same time, 00:09:40.060 --> 00:09:45.380 and then you pick a specific date where you tell the recruiters, hey, I'm going to decide on offer on this day. 00:09:45.960 --> 00:09:49.180 Two, never give out the first number in a negotiation. 00:09:49.660 --> 00:09:53.840 Remember, this is a blind auction for your skills, and they have to come out first. 00:09:54.580 --> 00:09:56.120 Three, don't make it about the money. 00:09:56.520 --> 00:10:04.340 Both parties know it's about the money, but you don't want to make it seem like you're really money-grubbing or just purely doing it for the compensation, 00:10:04.860 --> 00:10:06.720 even though you probably are. 00:10:07.300 --> 00:10:13.100 So you can phrase it like, oh, well, I need this money to buy a house, or I need this money to support my family. 00:10:13.780 --> 00:10:20.720 It's a lot harder to say no to someone by telling them like, no, I don't want you to buy that house, or no, I don't want you to be able to support your family. 00:10:21.500 --> 00:10:23.520 Four, you never want to be the key decision maker. 00:10:23.720 --> 00:10:28.220 So when they ask for your thoughts on an offer, you want to say, oh, well, I need to ask my wife about it. 00:10:28.560 --> 00:10:30.740 I need to ask my parents, my friends, whatever. 00:10:31.200 --> 00:10:36.920 And this basically gives you some more time to think about the offer and also not give an answer right away. 00:10:37.620 --> 00:10:46.480 Towards the end of a negotiation, you can say, okay, well, I really like your company, and if you'll be willing to offer this amount of money, I'll join right away. 00:10:46.840 --> 00:10:51.160 This is kind of a Hail Mary, and you need to know your worth before you actually use this technique. 00:10:51.900 --> 00:10:58.960 You'll be able to find accurate salary information for your position, job role, and location when you search for it online. 00:10:58.960 --> 00:11:05.020 There are a few different sites that do this, like Glassdoor, Levels.fyi, and also Blind. 00:11:05.620 --> 00:11:09.920 Make sure you know how much you're worth before accepting an offer, or you might be underpaid. 00:11:10.520 --> 00:11:17.860 One other thing to remember about job negotiations is that the company spent a lot of time and resources to finally get you that offer. 00:11:18.740 --> 00:11:21.500 Keep in mind that you hold all of the power. 00:11:21.700 --> 00:11:23.740 You can always say no, you can always walk away. 00:11:24.580 --> 00:11:28.980 The best book on negotiation that I've read is called Never Split the Difference. 00:11:29.320 --> 00:11:32.960 Some of the techniques I just talked about and many more are in that book. 00:11:33.340 --> 00:11:39.120 The guy who wrote that book did hostage negotiations as a career, and he has a ton more helpful advice about negotiations. 00:11:39.500 --> 00:11:41.120 I highly recommend it if you have the time. 00:11:42.000 --> 00:11:43.200 Okay, congratulations. 00:11:43.380 --> 00:11:45.860 You just got your first software engineering job role. 00:11:46.200 --> 00:11:48.080 You worked really hard to get to this point. 00:11:48.400 --> 00:11:55.700 Learning how to code, getting those interviews, passing those interviews, doing all the job negotiation, and now you've finally made it. 00:11:56.600 --> 00:12:02.420 So once you have a job, how do you actually go about moving up through a corporation or making more money? 00:12:03.180 --> 00:12:07.840 The easiest way is to plan for your own promotion or plan for your next job. 00:12:08.980 --> 00:12:15.160 Studies have shown people who job hop every two years will out-earn their peers who stay at a single company. 00:12:16.040 --> 00:12:23.460 This is because the market rate for software engineers rises much more quickly than whatever you're able to get internally through a raise or promotion. 00:12:24.540 --> 00:12:30.100 I graduated in December of 2013 and started working full-time in 2014 at 22 years old. 00:12:30.640 --> 00:12:37.460 I was able to retire this past year at 30 years old, and this was only possible because I switched jobs so often. 00:12:38.060 --> 00:12:41.640 I saved and invested over half of my income at each of these jobs. 00:12:42.280 --> 00:12:46.020 You need to invest your money if you ever hope to retire early. 00:12:46.860 --> 00:12:51.100 It's really easy to fall into a trap of upgrading your lifestyle each time you make more money. 00:12:51.640 --> 00:12:56.220 This is how you see families who are making hundreds of thousands of dollars per year but still feel poor. 00:12:56.780 --> 00:13:00.000 It's because their lifestyle has grown to match their salaries. 00:13:00.780 --> 00:13:06.400 Luxury cars, a big mortgage, fancy vacations, fashion designer clothing. 00:13:07.040 --> 00:13:09.200 Most of these things you do not need. 00:13:10.120 --> 00:13:14.180 Always try to live below your means and invest your money. 00:13:15.140 --> 00:13:19.000 A dollar saved is actually more than a dollar earned because of taxes. 00:13:19.720 --> 00:13:21.860 So say you're paying 20% in taxes. 00:13:22.220 --> 00:13:24.780 Every dollar you make, you're actually only making 80 cents. 00:13:25.260 --> 00:13:29.240 Compared to every dollar you save, you're saving 100%, which is a full dollar. 00:13:30.580 --> 00:13:34.740 Also, long-term capital gains tax are also much less than income tax. 00:13:35.380 --> 00:13:42.800 Long-term capital gains tax in the United States is 15%, whereas income tax is typically 20% or more depending on how much you make. 00:13:43.860 --> 00:13:49.780 In order to take advantage of long-term capital gains tax, you basically have to hold an asset for longer than one year. 00:13:50.640 --> 00:13:56.400 A lot of people ask me specifically on what crypto, what NFT, or what stocks to invest in. 00:13:57.140 --> 00:14:01.900 The best investment for most people in stocks is the S&P 500 ETF. 00:14:02.500 --> 00:14:06.500 The S&P 500 ETF has consistently outperformed hedge funds. 00:14:07.200 --> 00:14:14.160 Warren Buffett famously made a bet of $1 million that the S&P 500 would outperform any hedge fund. 00:14:14.960 --> 00:14:18.500 After about 10 years, the hedge funds admitted defeat and he won that bet. 00:14:19.080 --> 00:14:24.960 The reason the S&P 500 performs so well and is so highly recommended by so many different sources 00:14:24.960 --> 00:14:30.080 is because it on average grows at a rate of about 6-7% every single year. 00:14:30.720 --> 00:14:35.360 You can think of it as a blend of 500 of the top companies in the U.S. stock market. 00:14:36.200 --> 00:14:41.720 One of the advantages that this ETF has is that it prunes companies that are underperforming 00:14:41.720 --> 00:14:43.580 and adds companies that are doing well. 00:14:44.280 --> 00:14:47.120 Trying to pick individual stocks is a losing game. 00:14:47.860 --> 00:14:50.140 99% of traders lose money. 00:14:50.660 --> 00:14:53.060 Remember that investing is for the long term. 00:14:53.600 --> 00:14:55.460 Trading is similar to gambling. 00:14:56.280 --> 00:15:00.940 You might be a part of the top 1% of traders, but in all likelihood, you're not and you're 00:15:00.940 --> 00:15:02.160 going to lose all of your money. 00:15:03.160 --> 00:15:08.080 Again, to reiterate, if you think you are the best trader ever or best investor ever, you 00:15:08.080 --> 00:15:09.620 might be able to outperform it. 00:15:10.140 --> 00:15:14.320 But in all likelihood, you are not and that's what you should be investing in. 00:15:15.880 --> 00:15:19.940 For cryptocurrencies, the easiest way is to dollar cost average into Bitcoin and Ethereum. 00:15:20.720 --> 00:15:25.580 Sure, you might get lucky with some random meme coin like Dogecoin or Shiba Inu, but in 00:15:25.580 --> 00:15:28.380 all likelihood, you're going to lose most of your money trading those coins. 00:15:29.340 --> 00:15:31.340 Keep in mind again, these are investments. 00:15:31.760 --> 00:15:34.760 This means that it's long term, 5 years plus at a minimum. 00:15:35.480 --> 00:15:39.360 For those who don't know what dollar cost averaging is, it basically means that you put in the 00:15:39.360 --> 00:15:44.460 same amount of money every week or every month or whatever cadence, regardless of what price 00:15:44.460 --> 00:15:44.840 it's at. 00:15:45.940 --> 00:15:48.440 This is because humans are terrible traders. 00:15:48.680 --> 00:15:52.860 We are incredibly emotional and we typically time it at the worst possible times. 00:15:53.320 --> 00:15:55.940 We'll sell at the lows and buy during the highs. 00:15:56.640 --> 00:16:00.040 In general, I don't recommend NFTs as an investment class. 00:16:00.340 --> 00:16:01.880 It's purely speculative right now. 00:16:02.500 --> 00:16:07.900 There are a lot of real world use cases for the blockchain and NFTs in particular, but most 00:16:07.900 --> 00:16:10.660 of that has not materialized in actual value yet. 00:16:12.140 --> 00:16:15.220 Marketing and hype are what's driving the NFT market right now. 00:16:16.220 --> 00:16:21.460 If you're willing to lose all of the money you invest in NFTs, I do recommend it as a way 00:16:21.460 --> 00:16:25.360 to gamble, but please do not treat it as a long term investment. 00:16:25.360 --> 00:16:28.280 It's something that's made to be flipped or traded. 00:16:29.320 --> 00:16:33.520 It's highly unlikely that most of these projects will last 5 years from now. 00:16:34.100 --> 00:16:36.860 It's similar to the dot-com bubble in the 1990s. 00:16:37.500 --> 00:16:42.620 So yeah, you might get lucky with an NFT project that eventually becomes the next Amazon of NFTs, 00:16:42.800 --> 00:16:45.760 but in most likelihood, you'll be investing in things like pets.com. 00:16:46.900 --> 00:16:50.860 A lot of investment advice is really just don't do stupid things. 00:16:51.200 --> 00:16:57.340 So this could be investing in penny stocks, investing in options, or investing in meme coins. 00:16:58.260 --> 00:17:02.000 Most of the paths to get rich quick are not real. 00:17:02.360 --> 00:17:06.660 You'll see a lot of influencers selling you their course, trying to sell you the secrets 00:17:06.660 --> 00:17:08.260 on how to become rich overnight. 00:17:09.120 --> 00:17:12.000 There are very few overnight millionaires. 00:17:12.520 --> 00:17:17.360 Most people get rich the boring, slow way of making money and then investing that money 00:17:17.360 --> 00:17:19.360 over the period of a very long time. 00:17:20.060 --> 00:17:25.780 If you have high conviction in yourself and knowledge in a specific area, you can potentially 00:17:25.780 --> 00:17:28.500 pick investments that other people are not aware of. 00:17:29.000 --> 00:17:31.380 So for example, I worked in technology. 00:17:31.780 --> 00:17:33.460 I knew a lot about computers. 00:17:33.600 --> 00:17:35.820 I knew a lot about graphics cards and AI in general. 00:17:36.060 --> 00:17:40.660 When people asked what were my favorite stocks, I would always reply with AMD and NVIDIA. 00:17:40.980 --> 00:17:46.180 They had a huge technological moat in terms of their graphics processors and other players 00:17:46.180 --> 00:17:48.000 are not able to easily enter that space. 00:17:48.540 --> 00:17:52.120 AI and machine learning are the future and will only continue to grow. 00:17:52.620 --> 00:17:55.100 AMD and NVIDIA were poised to dominate that market. 00:17:55.880 --> 00:17:59.500 I bought AMD at $4 per share and NVIDIA at $20 a share. 00:18:00.320 --> 00:18:05.240 I sold both of them way too early, which leads to my next lesson on investing, which is to 00:18:05.240 --> 00:18:06.700 never sell your assets. 00:18:07.620 --> 00:18:12.320 I've made many more investments in technology companies that I sold way too early. 00:18:13.140 --> 00:18:14.840 Trying to trade is a loser's game. 00:18:15.580 --> 00:18:19.800 There are probably more people who make money off of selling trading courses than actually 00:18:19.800 --> 00:18:20.580 trading themselves. 00:18:21.140 --> 00:18:26.760 Do not sign up for anyone's private discord, do not buy anyone's course, and do not pay 00:18:26.760 --> 00:18:28.680 for private coaching lessons on how to trade. 00:18:29.320 --> 00:18:30.700 None of that is worth your money. 00:18:31.400 --> 00:18:33.300 Some people are good at making money. 00:18:33.640 --> 00:18:35.020 Others are good at investing money. 00:18:35.680 --> 00:18:36.740 You want to be good at both. 00:18:37.760 --> 00:18:41.280 Technology is a great field to get into if you're interested in making a lot of money, 00:18:41.480 --> 00:18:42.460 especially when you're young. 00:18:43.040 --> 00:18:46.800 And then investing is the other half of the coin where you need to learn how to keep your 00:18:46.800 --> 00:18:47.740 money and grow it. 00:18:48.520 --> 00:18:52.380 Nowadays, there's plenty of informational resources for both of these topics. 00:18:53.060 --> 00:18:56.700 I learned about both of them the hard way through trial and error and a lot of personal 00:18:56.700 --> 00:18:59.160 learnings, but hopefully you don't have to. 00:19:00.020 --> 00:19:04.240 I'll be making a lot more content on finance, investing, cryptocurrency. 00:19:04.940 --> 00:19:06.900 So if you're interested, follow along for more. 00:19:07.560 --> 00:19:11.620 Thanks for watching the Frankly Speaking podcast and good luck on your financial journey.