24 min listen
Escape the Economy and Embrace Rural Life - Aaron Clarey #5653
Escape the Economy and Embrace Rural Life - Aaron Clarey #5653
ratings:
Length:
31 minutes
Released:
Nov 11, 2022
Format:
Podcast episode
Description
Summary: An undeniable paradigm shift taking place lies in the move towards self sufficiency. This is a major component of the rural lifestyle, and Aaron Clarey comes on the show to talk about some of the things he noticed when transitioning out of urban life in his move to South Dakota. Aaron describes many of these changes as psychological. Leaving a big city means getting used to a slower pace of living, with less hustle and bustle and establishments that shut down earlier. He has found himself less concerned with the US/global economy, and has an interesting perspective on these things in relation to his life in a rural community. Tune in for more insight. Highlights: -There are paradigm shifts taking place, and a major trend taking place is the move towards self sufficiency -Many people experience a shock when they go to less urbanized areas -Aaron has adapted to the rural lifestyle, having lived in South Dakota for a while now -One of the biggest adjustments is going from the hustle and bustle of traffic and constant activity to the slower life or rural communities. It’s a psychological adaptation -Establishments have fewer employees, and thus close down earlier -Higher end amenities are few and far between -There is a greater sense of community in more rural areas, which comes with heightened accountability—but this is good thing -Aaron feels somewhat divorced with the US/global economy, but this comes from his job. He considers himself a contrarian investor -Aaron is also a minimalist; he doesn’t have many expenses -It’s good to pay attention to politics and economics, but responding with anger doesn’t accomplish anything. -Accept what you do and do not control, and don’t let the negative things that aren’t in your control bring you down Useful Links: Financial Survival Network Captain Capitalism Aaron's Consulting Company
Released:
Nov 11, 2022
Format:
Podcast episode
Titles in the series (100)
Mickey Fulp's Monthly Major Market Review (June 2021): Stock markets were mixed in June: Dow was flat at 34503, S&P 500 added 2.3%, Nasdaq was up a huge 5.5%, Russell 2000 up 1.9%, TSX added 3.3% TSX.V up 2.2%. VIX down to a stable 15.65. Dollar reversed course and was up up an impressive 2.8% to 92.35... by Financial Survival Network