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The Option Alpha Podcast

150: How To Manage Your Money & Generate Wealth The Right Way

The Option Alpha Podcast

Kirk Du Plessis

Education, Options Trading, Trading, Investing, Stock Market, Business, Finance

4.81.2K Ratings

🗓️ 21 December 2018

⏱️ 31 minutes

🧾️ Download transcript

Summary

Show notes: http://optionalpha.com/show150 As much as I love options trading and following the financial markets, I enjoy the challenge and process of building wealth. I think about wealth building as a 3-step process in broad terms, possibly in the shape of a pyramid even. And since it's our 150th show, I figured I would take a slightly new angle in today's podcast and discuss what I believe are the most valuable insights I can offer from my own experiences and research on how to manage your...

Transcript

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0:00.0

You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to make

0:06.3

smarter trades learn how the stock market really works and generate consistent monthly

0:11.2

income. Now your host and head trader at option alpha.com, Kirk depluses.

0:17.0

Hey everyone, this Kirkier again from option alpha, working every single week to make this the most popular investing podcast offered online and in iTunes because it's based on one thing and one thing only and that's helping you guys make smarter trades. So again, thank you so much for

0:35.5

tuning in today on today's show. We are going to be going through what I believe are some of the

0:41.2

key foundational elements to managing your money and generating wealth the right way.

0:47.0

And I gotta be honest with you, like right up front, I am super nervous about tackling this subject because not that I don't know enough

0:56.2

about it but I like I feel like I have so much to say on this subject that I might not actually get to all of it or I know I'm going to miss stuff in this

1:06.3

podcast that I'll come back and revisit later on.

1:09.0

So I probably have a sneaking suspicion that I'm going to talk about stuff that I either didn't want to

1:14.4

harp on too much or miss a topic completely or a thought process completely and we'll have to

1:19.6

fill in the gaps at some point with another podcast kind of like version two of this in the future.

1:25.8

But I thought, you know, we got to 150 shows on the weekly podcast, which is wonderful, and

1:31.2

I wanted to take a step back and talk about you know just kind of

1:33.7

managing your money at a high level generating wealth and doing it all in the

1:38.2

most appropriate way because I feel like people are still missing some of these

1:42.0

really key kind of tackling and blocking elements, right?

1:45.9

Like the fundamentals of what you should be doing.

1:48.7

And so I want to present again, like what I said, my approach and how I kind of think about it the buckets or

1:54.4

tranches when I think about saving and investing and generating wealth and and how

1:58.8

that kind of comes to fruition so as always if you guys have any comments or want to share what you think about the show please head on over to optionoff.com

2:06.7

So show 150 again that's just the number 150 and of course because this is our 150th show if you have loved the podcast please take two minutes to leave us a review and a rating on iTunes or wherever you listen to the show that would absolutely help us out.

...

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