EPISODE SUMMARY

In this episode of The Practical Wealth Show, Curtis May sits down with entrepreneur, investor, and former Wall Street bond trader Nicole Purvy.

Nicole shares her journey from trading on Wall Street to building businesses, investing in real estate, and launching her growing YouTube platform The Profitor. As the managing partner of Invictus Elite Capital Group, she helps investors deploy capital into multifamily real estate while bringing a powerful macro-economic perspective to investing.

Nicole explains why smart investors must pay attention to capital flows, volatility, and macroeconomic signals instead of relying on headlines or conventional financial advice.

In this conversation, Curtis and Nicole discuss:

• Why volatility in markets is not random

• How macroeconomic shifts impact real estate investing

• The housing affordability crisis and what it means for investors

• How massive money printing changed the financial landscape

• The mindset shift entrepreneurs must make to step into their authority

• How Nicole overcame imposter syndrome after leaving Wall Street

• Why studying history and economic patterns helps investors position themselves ahead of market changes

Nicole also shares the story of how she was fired from Wall Street for teaching financial education online, which ultimately pushed her into entrepreneurship and building multiple successful ventures.

If you want to understand what's really happening in the economy and how smart investors prepare for uncertainty, this episode is packed with insights.

LINKS & RESOURCES

• If you make good money but still feel tight, you're probably not broke—you're illiquid. Start here: practicalwealth.net

• [email protected]

KEYWORDS

macroeconomics volatility investing real estate private equity wealth transfer inflation housing crisis speculative investing capital allocation financial strategy mindset entrepreneurship liquidity financial education economic cycles asset management personal development

EPISODE HIGHLIGHTS

00:00–02:06 – Nicole's transition from Wall Street trader to entrepreneur and investor 02:06–03:32 – Getting fired for YouTube and discovering her real purpose 03:32–05:22 – Building a business from scratch and entering real estate 05:22–07:05 – The "lowest barrier to entry" moment in real estate history 07:05–09:19 – Imposter syndrome and playing small despite expertise 09:19–11:23 – Breaking limiting beliefs and stepping into authority 11:23–13:04 – The power of a one-page business plan 13:04–15:23 – Early career experiences shaping mindset and confidence 15:23–19:40 – Wall Street lessons and the illusion of expertise during the 2008 era 19:40–23:06 – What volatility really means (and why it's not random) 23:06–27:20 – The four forces behind today's economic instability 27:20–31:07 – Housing affordability vs. housing supply explained 31:07–35:08 – Human behavior as the missing variable in macroeconomics 35:08–41:13 – Investing vs. speculation (and why most people get it wrong) 41:13–56:19 – Strategies for investing during volatility and the future of real estate