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Season 2, Episode #35. Not Me, But You! Podcast.
Cash flow is king! You know what you can do with more cash every month? Answer: whatever you want! Learn to push buttons on your smart phone and make more money! Do what wealthy people do- buy/hold assets. Make every Friday a "pay day" for yourself! Buy/hold Bitcoin. Buy dividend paying stocks that are truly "high yield."
If the true rate of inflation is 8% per year, that means the cost of everything you buy goes up by at least 8%/year. So when investing, why would you put money in an asset that pays you LESS than 8%/year?! Will one gallon of gasoline ever cost just $1/gallon again? Will one gallon of milk at your grocery store ever cost $1/gallon again? Answers: never will those things be that cost. That is due to inflation rising at least 8% ever year. One day, Big Mac's at McDonalds will cost $60 and $70 per sandwich. This is why we need to build cash flow! And then keep adding to it. Keep investing in assets that you are buying/holding.
You already live and transact in a digital economy. Most people today, use either a debit card or a credit card (or even their phones linked to one of those two types of cards) to pay for things! You are using "digital money." So don't avoid SAVING your money in Bitcoin. No one who has bought and held Bitcoin for at least 4 years, lost ANY money!
Every 4 year cycle, Bitcoin hits a new ALL TIME HIGH price. So what does that mean to you? It means that you will NOT lose money if you simply buy/hold Bitcoin for at least 4 years! So WHY are not buying any? Why are you skeptical? At what price will you begin to believe in Bitcoin as the BEST performing asset on the planet?
I name specific "high yield" stocks/ETF's/closed end funds that you can invest in that will pay you monthly! Chances are good that you did NOT learn ANY of this information in school. But if you own a smart phone with a connection to the internet, then ALL of this information is available for you to learn. You simply need to take action.
The three best types of stock accounts we all should have are: 1) regular brokerage account with access to margin. 2) a traditional IRA. 3) a Roth IRA.
Some "experts" tell you to accumulate a big pile of money and then once you retire to WITHDRAW 5% of your total pile to live on each year. I do NOT like that approach. Instead, I build cash flow until I have more cash flow each month, so that I can pay my bills each month, with EXTRA money left over which I then continue to invest in assets!
Have courage today, to pick one thing, and work on your dreams! Invest ruthlessly. Give Generously.
I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.
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Season 2, Episode #35. Not Me, But You! Podcast.
Cash flow is king! You know what you can do with more cash every month? Answer: whatever you want! Learn to push buttons on your smart phone and make more money! Do what wealthy people do- buy/hold assets. Make every Friday a "pay day" for yourself! Buy/hold Bitcoin. Buy dividend paying stocks that are truly "high yield."
If the true rate of inflation is 8% per year, that means the cost of everything you buy goes up by at least 8%/year. So when investing, why would you put money in an asset that pays you LESS than 8%/year?! Will one gallon of gasoline ever cost just $1/gallon again? Will one gallon of milk at your grocery store ever cost $1/gallon again? Answers: never will those things be that cost. That is due to inflation rising at least 8% ever year. One day, Big Mac's at McDonalds will cost $60 and $70 per sandwich. This is why we need to build cash flow! And then keep adding to it. Keep investing in assets that you are buying/holding.
You already live and transact in a digital economy. Most people today, use either a debit card or a credit card (or even their phones linked to one of those two types of cards) to pay for things! You are using "digital money." So don't avoid SAVING your money in Bitcoin. No one who has bought and held Bitcoin for at least 4 years, lost ANY money!
Every 4 year cycle, Bitcoin hits a new ALL TIME HIGH price. So what does that mean to you? It means that you will NOT lose money if you simply buy/hold Bitcoin for at least 4 years! So WHY are not buying any? Why are you skeptical? At what price will you begin to believe in Bitcoin as the BEST performing asset on the planet?
I name specific "high yield" stocks/ETF's/closed end funds that you can invest in that will pay you monthly! Chances are good that you did NOT learn ANY of this information in school. But if you own a smart phone with a connection to the internet, then ALL of this information is available for you to learn. You simply need to take action.
The three best types of stock accounts we all should have are: 1) regular brokerage account with access to margin. 2) a traditional IRA. 3) a Roth IRA.
Some "experts" tell you to accumulate a big pile of money and then once you retire to WITHDRAW 5% of your total pile to live on each year. I do NOT like that approach. Instead, I build cash flow until I have more cash flow each month, so that I can pay my bills each month, with EXTRA money left over which I then continue to invest in assets!
Have courage today, to pick one thing, and work on your dreams! Invest ruthlessly. Give Generously.
I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.