Wealth Formula by Buck Joffrey

018: Cashflow from Specialty Coffee in Panama!


Listen Later

Your typical wealth advisor stresses the importance of a diversified portfolio. However, to them, that means investing in a variety of stocks, bonds, and mutual funds. I believe in portfolio diversification, but diversification should NOT be limited to different classes of paper assets that react to the emotional whims of normal geopolitical undulations.

Diversification should mean having exposure to different REAL asset classes. If you are investing in real estate, you might consider investing in not only apartment buildings, but office buildings or assisted living facilities. You might want to invest in farmland or businesses. You might even want to invest outside of your country to hedge against your currency.

Investing outside of your country may sound exotic and dangerous, but for those of you who throw money into stocks and bonds, I pretty much guarantee you that you have some international exposure already. You’re just blind to it because you have no idea what’s in your portfolio!

Furthermore, right now, the dollar is VERY strong. What does that mean? It means that we have really good buying power overseas. It also means as the dollar weakens, which if I believe is imminent, your international investment becomes relatively more valuable.

I recently discovered an opportunity to leverage an international investment to something that is highly addictive, has shown tremendous health benefits, and has a huge global market that is growing at a 20 percent per year clip? Want to know more? I thought so…

That’s why, in this week’s episode of Wealth Formula Podcast, we’re going talk to David Sewell of International Coffee Farms about investing in specialty coffee in Panama.

...more
View all episodesView all episodes
Download on the App Store

Wealth Formula by Buck JoffreyBy Buck Joffrey

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

401 ratings


More shows like Wealth Formula by Buck Joffrey

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

711 Listeners

Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

537 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,771 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,859 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

400 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

990 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

608 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

977 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

592 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

414 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

518 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,032 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

288 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

137 Listeners