Wealth-Building Made Simple

Time is Money! Unlocking the Power of the Time Value of Money


Listen Later

Key Takeaways:

  1. Time Value of Money: Understanding this concept helps make smarter investment choices in personal and business finances.
  2. Holistic Investment Evaluation: Combine numbers with factors like team readiness and customer impact for better decision-making.
  3. Review Financial Statements: Regular analysis supports seizing opportunities, such as adopting AI, and improves decisions.
  4. Practice Patience: Focus on long-term financial gains rather than quick profits to stand out as an investor.
  5. Organized Financials Matter: Clear records enable accurate investment evaluations and effective growth planning.

  6. Chapters:


    Timestamp Summary


    0:00 Exploring the Time Value of Money in Wealth Building

    1:27 The Art of Patience in AI Investment Decisions

    4:21 Leveraging AI and Time Value of Money in Business

    7:22 The Importance of Reviewing Financials Monthly for Investment Decisions

    7:57 Business Insights and Financial Strategies for Entrepreneurs

     

    Powered by ReiffMartin CPA and Stone Hill Wealth Management

     

    Social Media Handles 

     

    Follow Phillip Washington, Jr. on Instagram (@askphillip)

     

    Subscribe to Wealth Building Made Simple newsletter

    https://www.wealthbuildingmadesimple.us/

     

    Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

     

    WBMS Premium Subscription

     

    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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

    Wealth-Building Made SimpleBy Phillip Washington Jr.

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    26 ratings


    More shows like Wealth-Building Made Simple

    View all
    Craig Groeschel Leadership Podcast by Life.Church

    Craig Groeschel Leadership Podcast

    10,694 Listeners

    CRYPTO 101 by Bryce Paul & Brendan Viehman

    CRYPTO 101

    786 Listeners

    Crypto Banter by Crypto Banter

    Crypto Banter

    42 Listeners

    The Prosperous Life | Simple & Hands-free Money Management for Financial Freedom by Marjolein Kok | Online Financial Coach & Simplifying Expert

    The Prosperous Life | Simple & Hands-free Money Management for Financial Freedom

    0 Listeners