Money Ripples Podcast

The Investing Broke People Like to Talk About | 559


Listen Later

You probably already know what this is about because it’s all over social media and mainstream media, but I want you to hear about it from an investor’s point of view too.  If you don’t want to be broke and you want to build real wealth, this episode is for you. In this episode, I’m telling you what kind of investing broke people are talking about, why you should avoid them, and how you can change your mindset so you can become successful!  Key Talking Points of the Episode [02:07] The urgent need for change [03:04] Who are these broke people?  [04:12] Appraisal fraud after the last recession [06:07] Why you shouldn’t give into the hype [07:20] The crypto bubble [08:42] The stock market [09:28] The gambler’s mentality [11:20] Why you should be careful with crypto [12:59] Learning from those who have experience [14:16] A warning to gamblers [15:45] Never look back [16:37] Investors don’t gamble [16:54] Advice from a successful investor [17:20] Boring is sexy [18:00] The choice is yours Quotables “Every single week or month that goes by, opportunities are just going by.”  “There are plenty of opportunities out there, but the one thing that you can never get back is time.” “Time is what you need right now to get some value in your life because you don’t know how long you’re gonna be on this planet.” “Those shiny objects can throw people off if you’re not disciplined.” “Stay in your lane and invest in what you know.” “Focus on what works. Go for the stable, predictable stuff.” “There are great investments out there with lower risk than stocks and crypto.”
...more
View all episodesView all episodes
Download on the App Store

Money Ripples PodcastBy Money Ripples Podcast

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

131 ratings


More shows like Money Ripples Podcast

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

708 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,783 Listeners

Wealth Formula by Buck Joffrey by Buck Joffrey

Wealth Formula by Buck Joffrey

406 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

3,864 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

607 Listeners

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

Passive Real Estate Investing

975 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

587 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,404 Listeners

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

The WealthAbility Show with Tom Wheelwright, CPA

516 Listeners

One Rental At A Time by Michael Zuber

One Rental At A Time

144 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

723 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

327 Listeners

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

The Lifestyle Investor - Investing, Passive Income, Wealth

290 Listeners

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

PassivePockets: The Passive Real Estate Investing Show

128 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

848 Listeners