Money Grows on Trees

Ep 195: Why I Prefer Productive Assets Over Gold and Bitcoin


Listen Later

In this eye-opening episode of Money Grows On Trees: The Podcast, host Lloyd Ross dives deep into why he avoids investing in cryptocurrency and gold. Instead, Lloyd emphasizes the importance of investing in productive assets like businesses, farmland, and real estate. Learn why these assets are superior for wealth creation and how understanding this principle can transform your financial future.

Timestamps and Key Sections:

00:00 Prefers index funds over gold or cryptocurrency.

05:15 Currency type doesn't matter; production capability does.

07:59 Speculation vs. investing: Gold, crypto, fiat compared.

Who is The Millionaire Money Mentor, Lloyd Ross:

Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events.  

With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing.   

He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC.   

Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024.  

Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations.  Beyond his professional endeavors, 

Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis.   

During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio.  

For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com

You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg

Stay updated with his adventures on Instagram by following @lloydjamesross.

Key Takeaways:

  • Avoid Non-Productive Assets: Gold and cryptocurrency do not generate additional value over time.

  • Focus on Productive Assets: Invest in businesses, real estate, and farmland that produce recurring revenue.

  • Historical Context Matters: Understanding the history and performance of various assets is crucial.

  • Currency Type is Irrelevant: Focus on assets that produce value regardless of the currency.

  • Real-Life Examples: Practical scenarios explain why productive assets are superior investments.


  • Resources and Links:

    - Explore Lloyd’s insightful books: Money Buys Happiness Book

    - Leave a review and get a shoutout on the podcast: Spotify Review

    SEO Keywords:

    Money lessons, practical money lessons, real life money lessons, money mindset, financial goals, crypto, gold investment, index fund, nonproductive assets, real estate, inflation, gold standard, digital money, investing in businesses, productive assets, wealth creation, financial freedom, Berkshire Hathaway, Warren Buffett, stock market investment, rental income, business ownership, Lloyd Ross

    ~~~

    The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication

    This podcast is produced by Phil Better Inc.

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

    Money Grows on TreesBy Lloyd J Ross

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    13 ratings


    More shows like Money Grows on Trees

    View all
    The Model Health Show by Shawn Stevenson

    The Model Health Show

    7,314 Listeners

    The Property Couch by Bryce Holdaway & Ben Kingsley

    The Property Couch

    55 Listeners

    Mamamia Out Loud by Mamamia Podcasts

    Mamamia Out Loud

    651 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,891 Listeners

    money money money by Glen James

    money money money

    55 Listeners

    The Rules of Investing by Livewire Markets

    The Rules of Investing

    13 Listeners

    Equity Mates Investing Podcast by Equity Mates Media

    Equity Mates Investing Podcast

    63 Listeners

    The Anything Goes Podcast by Anna Rose

    The Anything Goes Podcast

    8 Listeners

    Retire Right by Glen James

    Retire Right

    29 Listeners

    The Mel Robbins Podcast by Mel Robbins

    The Mel Robbins Podcast

    21,194 Listeners

    This Tantric Life with Layla Martin by Layla Martin

    This Tantric Life with Layla Martin

    227 Listeners

    Australian Property Podcast by Rask

    Australian Property Podcast

    7 Listeners

    Aussie FIRE | Financial Independence Retire Early by Hayden Smith & Dave Gow

    Aussie FIRE | Financial Independence Retire Early

    9 Listeners

    UNEMPLOYABLE by Unemployable Media

    UNEMPLOYABLE

    13 Listeners

    Crypto Collective by Matthew Fraser

    Crypto Collective

    0 Listeners