06.05.2015 - By Dave Anderson | Interviews with Peta Kelly, David Wood, Jairek Robbins, Chandler Bolt, and Josh Shipp
Every once in a while, it makes a lot of sense to go back and cover some of the basic concepts that lie at the heart of what we do.
A few years ago I was fortunate enough to be part of an online community called The Elevation Group. The focus of EVG was to bring cutting edge, outside-the-box financial education and investment strategies to the middle class. I voraciously consumed the content in this group. I watched the videos, I took copious notes, and I learned a lot.
Of everything I learned inside EVG, the lesson about The 4 Asset Classes and Real Diversification was the most important. Although this is a Back to Basics show, this lesson is somewhat outside-the-box, and one that I believe a lot of people need to hear.
If you can, bring out your notebook once again and follow along. Once you listen to the episode, send any questions, comments, and feedback directly to me.
Thanks for tuning in. Have an amazing day!
In today’s episode, you will learn:
A clear definition of each of the 4 asset classes
What it really means to have a diversified investment portfolio
The real definition of an asset, and why your home isn’t one
The asset class where you will get the best ‘return on investment’ every single time (this may not be what you expect)
Resources Discussed
PODCAST: Crank It Up! with David T.S. Wood
YouTube Series: Mike Maloney’s Hidden Secrets of Money
Visit http://www.movingmillennials.com/139 for complete show notes, to download The Manifesto, and to receive your free ebook, 'The Millennial Mentors: Volume 1'.