The Good Financial Cents Show w/ Jeff Rose, CFP®

Welcome to the "Good Financial Cents Show"!

In this episode, we will be discussing one of the most important concepts in personal finance: compounding interest. Our topic for today is "The Best Compounding Interest Investments to Build Wealth".

Join us as we explore the different investment options available to help you grow your wealth over time. We'll be covering the benefits of compounding interest and how it works, as well as some of the best investment companies to consider.

Our host, Jeff Rose, a certified financial planner and founder of the Good Financial Cents blog, will be sharing his expertise and insights on the subject.

Whether you're just starting your investment journey or looking for new ways to grow your wealth, this episode will provide you with valuable information and strategies to help you make the most of your money.

So, sit back, relax, and join us for this informative and engaging episode of the "Good Financial Cents Show".

Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com.

Resources:

• 8 Best Guaranteed Investments to Invest Your Money Right Now
• How to Invest for a Big Profit During an Inflation

Engage on Social:

• Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/
• Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents
• Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose)

My Courses:

• Passive 1k Income Accelerator
• 10x Goals

Welcome to the Good Financial Cents podcast!

Do you feel like you've been stuck in a rut with your current income? Do you want to break through that plateau and dramatically increase your monthly income in under 3 months? Well, you've come to the right place!

In this podcast, I'll be talking with Justin Wise who was dead broke and turned it all around with a BOLD decision. That descision led to him making more in a month than he did with his previous job and he did so in only 90 days!

In this show, we'll be walking you step-by-step through the process of making more money than you ever have before.

We'll talk about finding new side hustle opportunities, setting up multiple streams of income, and strategies for getting paid for what you do best.

So if you're looking for a way out of your financial funk, stay tuned! Because I'm here to help you reach that next level of success.

Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com.

Resources:

• Justin on Twitter: @justinwise
• Justin's site: https://www.justinwise.net
• Get Started: Small Business Ideas to Start

Engage on Social:

• Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/
• Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents
• Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose)

My Courses:

• Passive 1k Income Accelerator
• 10x Goals

Welcome to the Good Financial Cents show!

In this episode, we'll be looking at the safety of investing with M1 Finance. We'll look at their regulatory history, customer feedback, and security measures that make M1 Finance one of the best investment apps on the market today.

We'll also discuss how you can further protect your investments when using M1 Finance and explore some resources to help you in making informed decisions about your money.

So tune in this week to find out if it's safe to invest with M1 Finance.

Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com.

Resources:

• M1 Finance Review
• Best Trading Platforms
• How to Invest $2,000-$3,000

Engage on Social:

• Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/
• Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents
• Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose)

My Courses:

• Passive 1k Income Accelerator
• 10x Goals

The Roth IRA is a great way to save for retirement, but it can also be risky if you don't know what you're doing.

In this podcast, we'll explore the different ways you can lose money in a Roth IRA and how to avoid them.

We'll discuss the risks associated with taking out early withdrawals, overfunding your account, and investing in high-risk but also high-yield investments.

We'll also look at strategies you can use to protect your investments and make sure your Roth IRA works for you.

Don't miss out on this essential advice on how to manage a Roth IRA without putting your retirement savings at risk!

Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com.

Resources:

• Roth IRA rules for 2023
• Best Investments for a Roth IRA
• Roth IRA Tax Deductions - Can you write off losses?
• How to Open a Roth IRA - Best Options

Engage on Social:

• Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/
• Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents
• Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose)

My Courses:

• Passive 1k Income Accelerator
• 10x Goals

Jacob Wade had it all. A great career with a 6 figure salary. A growing family with the nice house in an amazing neighborhood.

But something was missing. He wasn't sure what it was until a major anxiety attack forced him to take a hard look at what really mattered in his life.

That led to him having a "CRAZY" idea he eventually shared with his wife and she was on-board.

Tune in to find out how he was able to quit his $100k job and then travel the country with this 3 kids.

Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com.

Engage on Social:

• Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/
• Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents
• Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose)

My Courses:

• Passive 1k Income Accelerator
• 10x Goals

2023 is here and if you're like most, you have some really ambitious goals you want to knock out this year - Let's go!

Maybe you had the same goals last year and now you're worried you'll waste another year.

If that's you, no fret!

I've invested a lot of time and money into business coaching programs that have transformed how I go about setting and achieving all my short-term and long-term goals.

And I want to show you what I've learned in my 10x Goals Accelerator Course.

Tune in to learn how to get early access.

Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com.

Resources:

How Setting Goals Increased my Revenue by 100%

Engage on Social:

• Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/
• Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents
• Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose)

My Courses:

• Passive 1k Income Accelerator
• 10x Goals

What's going on GFC Fam and Wealth Hacker Nation!

Wanted to give everyone an update on what has been going on with the Podcast, the Blog, and the YouTube Channel.

You may have noticed that the episodes have been sporadic in the last couple of months.

There have been a lot of things going on in the business over these months.

A big event just happened in my life a few weeks ago. I went to my bank and sent the largest wire I've ever sent in my life.

I sent this wire to a former business partner. This wasn't necessarily a horrible thing, just a change.

It has been 5 years since I have been a solopreneur, or just me without any partners.

It feels so good to have Good Financial Cents to myself again. I feel like I have my baby back!

I want to thank you all for being a part of my community and following along with my journey.

Stay tuned for some exciting new changes!

Check out my YouTube channel here.

Follow me on Twitter and Instagram.

"The amount of money you helped us save on that deal alone — paid for coaching." - Charles Rose, Jr.

When you see someone that has achieved a certain level of success that seems improbable - how often do you hear 'They just got lucky."

I'm here to tell you luck only finds you if you are willing to take risks.

Today we get to hear one of those heart-felt stories of someone that wasn't willing to take no for an answer.

They were willing to take risks.

06:22 Who is Charles Rose?

09:45 Living paycheck to paycheck

12:25 Seeking mentorship

16:50 What was the 'wake up call' moment for you?

21:15 At what point in your journey did you write your book?

25:54 Are there any experiences that didn't work out, but led you to where you are now?

32:04 How difficult was it for you to reach the point where you hired a coach?

39:10 Tell us about the benefits you realized with your coaching experience.

42:35 How much of your time, energy, and focus is on real estate?

Resources:

• Master Passive Income | https://masterpassiveincome.com/
• Text WEALTH to 55444 for FREE real estate course.
• (Find Charles @ CharlesRoseJr on all social media platforms)

Check out my YouTube channel here.

Follow me on Twitter and Instagram.

Can you imagine having a net worth of over 26 Billion Dollars???

Then having your entire net worth disappear overnight….

This is what happened to thousands of people, including me.

I am really getting tired of making this type of Podcast. (I recently did a similar one on Celsius Network).

02:30 Not your keys, not your wallet

05:13 No regulation, no FDIC insurance

06:12 Another crypto catastrophe

10:45 BlockFi Announcement

13:25 Don't forget fraud

Resources:

https://www.goodfinancialcents.com/ask

Check out my YouTube channel here.

Follow me on Twitter and Instagram.

Where in the world are you supposed to put your money?

Interest rates have more than tripled...

The Stock Market is down 27%

Bitcoin is down 57%….

Where in the world are you supposed to invest your money?

You often hear real estate is a good investment, but does it still make sense in this environment with a housing bubble just around the corner?

I tucked some money in Fundrise about 4 years ago - I've been updating my returns regularly.

Since I hit a recent anniversary let's take a look at the latest returns.

03:00 What is Fundrise

05:20 Tiers and Fees

07:20 Fundrise shows ALL the details

09:45 My Fundrise account

13:10 My returns

16:09 My transactions over 4 years

17:20 Properties in my portfolio

19:19 Fundrise investments vs. other investments

27:10 Does Fundrise make sense for you?

Resources:

My 4 Year Fundrise Returns – Is Fundrise Worth it?

Fundrise Review - How to Invest in Real Estate

Best Fundrise Alternatives: Seven Top Real-Estate Crowdfunding Platforms to Consider

Check out my YouTube channel here.

Follow me on Twitter and Instagram.