Wealth Formula by Buck Joffrey

By Buck Joffrey

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Financial Education and Entrepreneurship for Professionals

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360: Real Estate Update wit...

03.19.2023

Oh what a mess this economy is! Helicopter money during Covid and supply chain issues brought on inflation like we haven’t seen in decades. To respond to this self-inflicted predicament, the Federal Reserve began raising interest rates at an alarming ...

Wealth Formula by Buck Joffrey episodes:

03.19.2023 360: Real Estate Update with Jorge Newbery Oh what a mess this economy is! Helicopter money during Covid and supply chain issues brought on inflation like we haven’t seen in decades. To respond to this self-inflicted predicament, the Federal Reserve began raising interest rates at an alarming ...
03.12.2023 359: A Tax Update with Tom Wheelwright If you want to build wealth quickly, you have to learn as much about tax mitigation as you can. Most of these mitigation opportunities are in the world of real estate and business. However, there are creative (and legal) ways ...
03.05.2023 358: The Personalization of Personal Finance Why is decentralized finance advantageous? Let’s ask artificial intelligence. As you may recall from last week’s episode, ChatGPT is widely accessible to anyone right now. Here’s the explanation on the value of decentralized finance from the ChatGPT software itself: “Decentralized ...
02.26.2023 357: Is Everything About to Change? Ok, I know you keep hearing about how the world is going to look radically different soon. I have too. But what is that radical change and when is it going to happen? I’m no expert in technology but it ...
02.19.2023 356: Getting Your Assets in Gear with Garrett Sutton The two most common mistakes I’ve seen people make in personal finance is to not think about asset protection and to not think about estate planning. Not thinking about estate planning is sort of understandable. Death is a topic that ...
02.12.2023 355: Should You Buy Gold? When you are in the alternate investment space like me, everyone assumes you are a gold guy. I used to be. The idea of gold holding its value over time is very real. An ounce of gold in the times ...
02.05.2023 354: Short Term Rentals=Hidden Tax Gems I’ve never spent much time on the concept of short-term rentals (Vacation Rentals) before because it didn’t sound particularly appealing to me. But after interviewing Tim Hubbard for this week’s podcast, I may have changed my mind. Here’s the deal. ...
01.29.2023 353: Updates from the Wild West of Crypto Digital currency is not dead. But it was wounded pretty badly over the past few months. Paradoxically, the undoing of the decentralized world happened from centralized companies and individuals like Do Kwon of Terra Luna and Sam Bankman-Fried of FTX. ...
01.22.2023 352: You Can Live A LOT Longer Than You Think What is all this wealth stuff for anyway? I have spent the last 15 years trying to accumulate wealth. It wasn’t until about two years ago that I decided to start spending it. Why? Well, there were some major changes ...
01.15.2023 351: Seeking Discomfort in Life and Business If you read business or entrepreneurial books you are probably sick of people telling you that you have to take risks and get uncomfortable. I get it. But what are you doing to take risks and to get uncomfortable? After ...
01.08.2023 350: Reagan’s Budget Director Forecasts Rocky Roads Ahead We are in a unique period of time with the economy. We know something is going to declare itself soon enough but have no idea when or what it will look like. This time it’s not just the contrarians. Everyone ...
01.01.2023 349: The Next BIG Technology The new year makes me think about how things keep changing so rapidly (including my age). For those of us who went to high school in the era of pay phones, it is a truly remarkable trajectory and it makes ...
12.25.2022 348: Jim Rickards: Inflation, Interest Rates and the Supply Chain I hope you all had a wonderful Christmas! As we head into the last week of the year there is much to reflect upon. The last few years have been absolutely bonkers. If someone had told me in mid-2019 that ...
12.18.2022 347: China is Cashless…Are We Next? As you know, we have an Automatic Teller Machine offering and you can take a look at it at WFVelocity.com I’ve personally been invested for 6-7 years without issue. That’s not surprising as the use of cash continues to increase ...
12.11.2022 346: What’s the Big Deal about DeFi? The cryptocurrency markets have been crushed and don’t be surprised if they go even lower once the full extent of the FTX meltdown is realized. However, it’s clear to me that this in no way is the end of cryptocurrency. ...
12.04.2022 345: Should You Consider Buying Franchises in this Economy? It’s cold outside…even in Santa Barbara. The real estate markets are especially frozen now and will continue to be at least for the next couple of months into the new year. Why is this happening? Real estate, more than any ...
11.27.2022 344: Ask Buck: 11/27/22 Happy Holidays everyone. I’m very thankful for you Wealth Formula Nation! It is a great pleasure for me to serve you as clarifier-in-chief at Wealth Formula. Listen in to this week’s edition of Ask Buck. We talk about real estate ...
11.20.2022 343: Ask Buck: November 2022 It’s been a while but this week’s episode of Wealth Formula Podcast is the latest “Ask Buck” episode. As you know, most of the time I interview other people so I don’t get a chance to talk to you directly. ...
11.13.2022 342: Blockchain is Not Dead Warren Buffet talks about being greedy when others are fearful. I think it’s fair to say that there is a great deal of fear in the financial system right now with interest rates climbing as quickly as they are. Eventually, ...
11.06.2022 341: Why Now Is The Perfect Time For High Cash Value Life Insurance Strategies As we get closer to the end of the year, I know a number of you are trying to figure out how to deploy capital. We will have some opportunities that are not real estate oriented. I also believe that ...
10.30.2022 340: No Risk It, No Biscuit What makes for a highly successful entrepreneur or investor? It is the appetite for calculated risk. As Bruce Arians, coach of the Tampa Bay Buccaneers famously says, “No risk it, no biscuit”. In entrepreneurship this might be more obvious. You ...
10.23.2022 339: The Great Distortion: Dr. Nomi Prins The last 15 years have been a game of chicken between the Federal Reserve and the financial markets. Think about the old movies where the kids would speed in their cars towards each other until someone decided to quickly turn ...
10.16.2022 338: The Road Less Travelled with Dr. Irene Lambiris If you made it out to our event last weekend I want to thank your for taking the time to prioritize our meetup. And if you were there, I’m guessing you were not disappointed. We had a few familiar faces ...
10.09.2022 337: Computer Chips are Sexy and Profitable (Well Maybe not Sexy) Boring is Good when it comes to investing. I’ve started hearing others echo that sentiment lately. I’m not sure if I had something to do with it but I’m glad that message is spreading in the podcast ecosystem. A decade ...
10.02.2022 336: We’ve Had High Inflation for YEARS and Didn’t Know it I guess by now you’ve heard—we’ve got some inflation problems in the United States and globally and Central Banks are going to continue to ratchet up interest rates in attempts to reverse the tide. But wait a second. Why inflation ...
09.25.2022 335: How to Buy Expensive Toys and Profit! Have you heard of the Financial Independence, Retire Early (FIRE) movement? The movement is defined by extreme frugality and extreme savings and investments in hopes of retiring early and living on small withdrawals of accumulated funds. The general rule of ...
09.18.2022 334: Cognitive Bias in Life and Investing First of all, if you have not signed up for the next Wealth Formula Meetup, you should do so NOW. This is going to be a very cool event. We are going to do personal finance talks in the morning ...
09.11.2022 333: Congressman James Bacchus on the state of Free Trade and the WTO When I was growing up, the Republican Party stood for small government and free trade. Democrats were apparently on the other side of the table. Maybe it is an incorrect generalization, but one thing is for sure…neither party supports real ...
09.04.2022 332: How to Use Tax Law to Benefit from the Cryptocurrency Bear market We haven’t talked about cryptocurrency much lately. Admittedly, I am like everyone else who gets excited when the markets are going sky-high but quickly loses interest when markets are struggling. However, In times like these, regardless of asset class, it ...
08.28.2022 331: Ask Buck Summer 2022 Part 2 It’s time for another round of “Ask Buck”. This week’s episode includes questions on taxes, multifamily real estate investments and the Wealth Accelerator. Listen HERE!
08.21.2022 330: Ask Buck Summer 2022 It’s been a while but this week’s episode of Wealth Formula Podcast is the latest “Ask Buck” episode. As you know, most of the time I interview other people so I don’t get a chance to talk to you directly. ...
08.14.2022 329: The Untold Story of the World’s Biggest Con Investing is hard enough without worrying about all the crooked stuff going on out there. When you add that to the picture, it’s a miracle that most of us have actually made money investing. And if you think the nefarious ...
08.07.2022 328: The Emotionally Intelligent Investor This week’s episode of Wealth Formula Podcast is about emotional intelligence. Why would we talk about such things on a personal finance show? Well, let’s define emotional intelligence for a moment. We all have emotions. If you want to see ...
07.31.2022 327: Real Estate and Taxes: What You Need to Know! You’ve probably noticed that my emails have been pretty short the last few weeks. I’ve been in Europe so I’m letting the podcast speak for themselves for the most part. This week we go back to fundamentals. There’s a reason ...
07.24.2022 326: 200 Years of Financial Panics When I think about all of what has happened to our economy over the past two decades, it’s quite astounding. National debt has gone up by about 5x. Interest rates hovered at nearly zero for multiple years and we went ...
07.17.2022 325: No Pain…Plenty of Gain There is a fine line between being a “quitter“ and a pragmatic individual navigating life. Quitting has a very negative connotation in our culture. It’s un-American and is associated with weakness and lack of grit. In reality however, quitting is ...
07.10.2022 324: Are We Running Out of Food? One of the consequences of inflation is increasing wealth disparity. Think about it for a moment. CPI indices only measure a basket of goods and services. But you and I know as investors that inflation helps us out with our ...
07.03.2022 323: Bringing Back Wonder to Your Life When was the happiest time of your life? I mean like inner-happy type happy? For me, it was definitely as a kid. My childhood was by no means all roses, but the little things in life brought me a ton ...
06.26.2022 322: How Playing the Tax Game Can Be Profitable There is a major distinction between economists and investors. While most economists classify themselves with schools of thought such as Keynesian or Austrian, successful investors cannot afford to do so. I just spent a significant amount of time reviewing the ...
06.19.2022 321: Bitcoin Ecosystem and Infinite Fleet Big changes in the world seem to sneak up on you. One day you reflect on the way things used to be and wonder how the heck we got here. Anyone who has kids knows what I mean. My 13-year-old ...
06.12.2022 320: The Soul of a Value Investor What makes a great investor? Genetics? Personality type? Luck? Probably all of the above. But one thing I’ve noticed is that all the best investors in the world are very curious people and they tend to read a lot. Apparently ...
06.05.2022 319: Janet LePage on the State of the Real Estate Market Should you be investing in real estate now? After all, we have double digit inflation and rising interest rates. Well, let’s start with an even more basic question. Should you be investing in anything right now? What is the alternative? ...
05.29.2022 318: The Wealth Accelerator Nothing saddens me more than to see my fellow physicians and other highly trained professionals who spend their youth studying hard for the promise of a fulfilling career that will take care of them financially only to realize that they ...
05.22.2022 317: The Financial Cold War with China No matter how open-minded you think you are, you are always going to approach things with a certain bias. And it only takes being completely wrong about something that you would have bet your life on to realize that. My ...
05.15.2022 316: The War Against the Wealthy When times get tough, it is always easier to have a scapegoat. After all, it is easier to blame an enemy than an unfortunate circumstance. The enemy can be punished and held responsible. Circumstances cannot. The most extreme example of ...
05.12.2022 Bous Episode: How to Become an Accredited Investor without the Money The post Bous Episode: How to Become an Accredited Investor without the Money appeared first on Wealth Formula.
05.08.2022 315: The Monkey Mind I don’t know about you but sometimes I have so many different things cycling through my brain at the same time but it’s hard to keep track of any one of them. I’m not talking about just work or personal ...
05.01.2022 314: Is Economics Just Common Sense? The hardest part about understanding economics is terminology. In reality, economics really just comes down to understanding human behavior based on incentives. Let’s take for example the Cobra Effect. This is a term coined by economist Horst Siebert to describe ...
04.24.2022 313: Is There Such Thing As Economic Truth Anymore? As I write this email, I’m on my way to Phoenix for our biannual meetup. So…I’ll keep it short. Coming up Covid and in the midst of a war in Europe we are experiencing unusual inflation forcing the Fed’s hand ...
04.17.2022 312: Should Real Estate Investors Be Worried About Inflation? The most common question I get from investors these days is how increasing interest rates will affect the performance of our real estate holdings. There is often concern, for good reason, that as rates go up our net operating income ...

Older episodes

Wealth Formula by Buck Joffrey

What's Wealth Formula by Buck Joffrey about?

Download our free app to listen on your phone

Wealth Formula by Buck Joffrey episodes:

360: Real Estate Update with Jorge Newbery

359: A Tax Update with Tom Wheelwright

358: The Personalization of Personal Finance

357: Is Everything About to Change?

356: Getting Your Assets in Gear with Garrett Sutton

355: Should You Buy Gold?

354: Short Term Rentals=Hidden Tax Gems

353: Updates from the Wild West of Crypto

352: You Can Live A LOT Longer Than You Think

351: Seeking Discomfort in Life and Business

350: Reagan’s Budget Director Forecasts Rocky Roads Ahead

349: The Next BIG Technology

348: Jim Rickards: Inflation, Interest Rates and the Supply Chain

347: China is Cashless…Are We Next?

346: What’s the Big Deal about DeFi?

345: Should You Consider Buying Franchises in this Economy?

344: Ask Buck: 11/27/22

343: Ask Buck: November 2022

342: Blockchain is Not Dead

341: Why Now Is The Perfect Time For High Cash Value Life Insurance Strategies

340: No Risk It, No Biscuit

339: The Great Distortion: Dr. Nomi Prins

338: The Road Less Travelled with Dr. Irene Lambiris

337: Computer Chips are Sexy and Profitable (Well Maybe not Sexy)

336: We’ve Had High Inflation for YEARS and Didn’t Know it

335: How to Buy Expensive Toys and Profit!

334: Cognitive Bias in Life and Investing

333: Congressman James Bacchus on the state of Free Trade and the WTO

332: How to Use Tax Law to Benefit from the Cryptocurrency Bear market

331: Ask Buck Summer 2022 Part 2

330: Ask Buck Summer 2022

329: The Untold Story of the World’s Biggest Con

328: The Emotionally Intelligent Investor

327: Real Estate and Taxes: What You Need to Know!

326: 200 Years of Financial Panics

325: No Pain…Plenty of Gain

324: Are We Running Out of Food?

323: Bringing Back Wonder to Your Life

322: How Playing the Tax Game Can Be Profitable

321: Bitcoin Ecosystem and Infinite Fleet

320: The Soul of a Value Investor

319: Janet LePage on the State of the Real Estate Market

318: The Wealth Accelerator

317: The Financial Cold War with China

316: The War Against the Wealthy

Bous Episode: How to Become an Accredited Investor without the Money

315: The Monkey Mind

314: Is Economics Just Common Sense?

313: Is There Such Thing As Economic Truth Anymore?

312: Should Real Estate Investors Be Worried About Inflation?