David Luo shares his thoughts on China and how we should view them. He also talks about our economic systems and investing.
Take away: We need to understand how our economic system works and all the interrelated parts.
Action step: Ask, What if I am wrong with the financial decisions I am making?
Money Learnings: David's view of money was presented very differently as a Chinese child. Money was a way to exercise power.
Bio: David Luo is an investment manager in South Central PA. His personal mission is to financially empower people and institutions. Combining personalized attention and analytical rigor, David crafts and deploys customized strategies to help investors build and protect what’s most important. David serves in various capacities for numerous community organizations and teaches at local universities. David holds a Master's Degree in Electrical Engineering from Tuft University, MBA from Boston University, and is a CFA charter holder. In his spare time, David chills with his family and works in the garden.
- David's unique upbringing.
- The changing relationship with China.
- How David arrived in the USA.
- What is China really like?
- How our economic system works.
- How negative interest rates work.
- The new investment scenario going forward.
- Average returns versus expected returns.
- The returns to labor and capital.
- How should we view China?
Richer Soul Life Beyond Money. You got rich, now what? Let’s talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let’s figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It’s about personal freedom!
Thanks for listening!
Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.