Welcome to another strategic episode of the Building Your Money Machine Show! Today, I'm breaking down the overwhelming world of investments to provide you with a clear roadmap to wealth-building. Ever wondered which investments you can trust, which to avoid, or which simply to laugh at? This episode's got you covered.

We start with the different tiers of investments, categorizing them from Wealth Champions all the way to Wealth Drainers. I'll rank various investments and explain each tier, from high-reward, reliable investments to those risky moonshot manias, and the ones that could drain your wealth.

Whether it’s index funds, ETFs, real estate, or even collectibles, this episode gives you insights into where they fit in your wealth-building strategy. Do index funds and ETFs hold the crown? Where do cryptocurrencies and real estate fall? And why should you think twice about penny stocks and timeshares?

I also bring in some real-life examples and personal opinions, like why I personally love blue-chip stocks but am cautious starting with them, and how I've faced challenges with certain investments. My aim is to give you actionable advice so you can build a diversified portfolio that fits your financial journey toward freedom.

IN TODAY’S EPISODE, I DISCUSS:

• Classifying investments from Wealth Champions to Wealth Drainers
• The long-term benefits of index funds and ETFs
• The complexities of investing in real estate
• Why penny stocks and timeshares can be huge wealth drainers
• Investing in skills and education as one of the best long-term strategies

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