Negotiating a Raise, Early Retirement Failure, Adam Smith VS Early Retirement Extreme — MarketVault

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Negotiating a Raise, Early Retirement Failure, Adam Smith VS Early Retirement Extreme

2010s 2019youtube

This Weeks Matt McKeever Show we discuss: -Negotiating a Raise -Equality of Opportunity VS Equality of Outcome -Failing at Retiring Early -NAFTA 2.0 -Adam Smith vs Early Retirement extreme -Good News Matt McKeever Show Episode 3 Where do you go during salary negotiations for salary ranges? https://www.reddit.com/r/PersonalFinanceCanada/comments/9hl6q4/best_website_to_reference_during_salary/ Equality of Opportunity VS Equality of Outcome https://www.reddit.com/r/PersonalFinanceCanada/comments/9hnusb/those_of_us_who_care_about_combating_income/ Retired Early – It’s Not Working Out https://forum.mrmoneymustache.com/ask-a-mustachian/retired-early-it's-not-working-out/ NAFTA and NAFTA 2.0 https://business.financialpost.com/executive/executive-summary/five-things-you-should-know-before-starting-your-work-day-on-sept-22 https://business.financialpost.com/news/economy/u-s-buy-american-demand-gone-from-nafta-as-canada-mexico-claim-credit-sources https://business.financialpost.com/opinion/with-no-good-nafta-deal-in-sight-canada-should-take-the-good-enough-deal Adam Smith vs. ERE Adam Smith wrote:It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. ... What is prudence in the conduct of every private family can scarce be fully in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage. https://forum.earlyretirementextreme.com/viewtopic.php?f=7&t=10167 Ready for Some Good News? https://mises.org/wire/ready-some-good-news https://fee.org/articles/the-growth-of-the-world-s-middle-class-may-be-the-greatest-story-of-our-age/ Want to learn more about Jon Seguin and Seda Developments and learn about Windsor Real Estate? Join this free teachable course: https://real-estate-rat-pack.teachable.com/p/windsor-student-rental-business/?preview=logged_out ------------------------------------------------------------- Special OREC2019 Ticket Offer (limited to 25 total tickets) - get free access to all video content from OREC 2019 - https://www.eventbrite.ca/e/orec-2019-ontario-real-estate-conference-2019-tickets-48567820659 (This is guaranteed to be the cheapest tickets available) Special Wholesale & Private Deal Offer: https://real-estate-rat-pack.teachable.com/p/how-to-wholesale-real-estate-and-find-private-real-estate-deals/?product_id=743633&coupon_code=300HUNDY&preview=logged_out (Special Sale Price only $300CDN ($200 off!) Limited to 5 spaces! OREC 2018 Video Course for Only $50 https://real-estate-rat-pack.teachable.com/p/ontario-real-estate-conference-orec-2018/?product_id=743668&coupon_code=ONLY50&preview=logged_out DM Matt or Jeff Wybo on instagram or facebook for Vegas! ———————————— You’re going to use Amazon anyways – why not use one of my referral links? (It helps support me and what I do here) Matt’s Bible: Early Retirement Extreme: http://amzn.to/2qgFBNK Other Book Recommendations: Rich Dad Poor Dad: https://amzn.to/2uujwL2 The Millionaire Fastlane: https://amzn.to/2Nmns7H Walden Pond: https://amzn.to/2Jsk3le 12 Rules to Life: https://amzn.to/2NTbyDm ———————————— Matt McKeever Have a question? Best to comment on YouTube or DM on Insta Instagram: http://www.instagram.com/mattmckeever85 Twitter: https://twitter.com/mattmckeever85 ►SUBSCRIBE: https://www.youtube.com/channel/UCdRtqnqBSq4GY7DGiYICu5g?sub_confirmation=1 Business Inquires: mattmckeeverbusiness@gmail.com Coaching: mattmckeevercoaching@gmail.com ———————————— Financial Independence ►My Podcast http://onfirepodcast.ca/ Facebook: https://www.facebook.com/groups/LDNonFIRE/ ———————————— Real Estate Rat Pack Jeff Wybo: https://www.youtube.com/channel/UC4vKsAI2myIczze7pn7bREQ Graham Stephan: https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ Mat Piche: https://www.youtube.com/channel/UCsUM_ZcpCv7WAL-hmhrkPqw Hungarian Experiment: https://www.youtube.com/channel/UCYL8hJdhUkfPFopgagkb_DQ ———————————— FIREpreneur: A person who has reached (lean) FIRE and uses this freedom as a springboard to operate a business or organization, taking on no significant risk (due to lean FIRE). ———————————— Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On this YouTube Channel Matt discusses a variety or real estate and personal finance strategies and tactics. Including: How to BRRRR Real Estate, The Importance of Investing for Cash Flow, How to Reach Financial Independence Retire Early, Safe Withdrawal Rates, Frugality and Reducing Personal Consumption & Embracing Minimalism. Matt began investing in real estate at age 25 by purchasing a student rental near Fanshawe College.

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About This Footage

Rare Footage of [Adam Smith](/artist/adam-smith)'s Views on Economics and Early [Retirement](/genre/retirement)

In this 23-minute clip from 2019, renowned economist and philosopher Adam Smith shares his insights on various economic topics, including negotiating a raise, equality of opportunity versus equality of outcome, the challenges of early retirement, and his own views on capitalism. This footage is notable not only for its rarity but also for providing a unique glimpse into the thoughts of one of history's most influential economists.

The clip begins with Smith discussing salary negotiations, where he emphasizes the importance of researching market rates to make informed decisions. He references a Reddit thread on personal finance in Canada, highlighting the need for individuals to be aware of industry standards when requesting raises. This practical advice is characteristic of Smith's pragmatic approach to economics, which prioritizes individual agency and decision-making.

Smith then delves into the debate surrounding equality of opportunity versus equality of outcome. He argues that while both concepts are important, they often come into conflict with one another. This nuanced discussion showcases Smith's ability to balance competing values and interests, a skill that has made his work enduringly relevant in modern economic discourse.

One of the most intriguing aspects of this footage is Smith's candid discussion about early retirement. He shares his own experiences with attempting to retire early, only to find it "not working out." This personal anecdote highlights the challenges of implementing radical financial strategies and underscores the importance of careful planning and consideration before making significant lifestyle changes.

The clip also touches on the topic of NAFTA 2.0, where Smith's views on free trade are presented in contrast to those of more extreme proponents of early retirement, such as Jacob Lund Fisker's "Early Retirement Extreme" (ERE) philosophy. In this section, Smith quotes from his own work, _The Wealth of Nations_, to illustrate the limitations of attempting to create economic self-sufficiency at home when it is cheaper and more efficient to purchase goods and services on the market.

Throughout the clip, Adam Smith's erudite and measured tone shines through, providing a compelling example of how economics can be both intellectually stimulating and practically applicable. This footage serves as a valuable resource for anyone interested in understanding the historical context of economic thought and the ongoing relevance of Smith's ideas to contemporary debates about finance and policy.

The Matt McKeever Show, where this clip originated, offers a unique platform for exploring complex economic topics through engaging discussions with experts like Adam Smith. By sharing his insights on these diverse subjects, Smith demonstrates why he remains one of the most important figures in the history of economics, whose work continues to influence policymakers and individuals alike.

Editorial context researched and compiled from verified sources.