346: Where Do Millionaires Grow Their Wealth? 4 Investment Tips for Retirees
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 17 February 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
This week's retirement reading is from the Of Dollars and Data titled, Where Do Millionaires Keep Their Money? [It's Not Where You Think] Listen in as Casey Weade breaks down the article and shares what he thinks! Today's episode can also be accessed by visiting Howardbailey.com/346.
Show Notes: Howardbailey.com/346
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Transcript
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| 0:00.0 | If you want to know where the most financially successful individuals invest their money, how they invest, do they time the market, what asset classes, what security selections do they make? |
| 0:10.0 | Well, that's what we're going to be covering today. How do millionaires make their money? And well, the article we're covering is aptly named. Where do millionaires keep their money? And it's not where you might think. |
| 0:21.3 | We're going to provide you some good insights on that today so that you can make better |
| 0:26.0 | investment decisions, hopefully for yourself and gain some insight to share with others. |
| 0:50.0 | This is the Retire with Purpose podcast, and our mission at Howard Bailey Financial is to help others gain clarity and purpose and elevate meaning in their daily lives. |
| 1:01.8 | Every single Friday, Marshall and I cover an article from our weekend reading for retirees email series, release a short form podcast, keep you up today on the latest trends, insights, and news. |
| 1:13.8 | And then every other Monday we release my favorite, which is a long form podcast interview with a world-class expert in the field of finance. If this is your first time joining us, maybe you're not signed up for weekend reading for retirees. You have to get this |
| 1:18.1 | email. It's an email that we put in your inbox every single Friday. Our team, we go out, |
| 1:23.7 | we do the work, we sift through hundreds of articles that have come out over the last |
| 1:27.0 | couple of weeks, and we drill that down to four articles that we think are going to be most |
| 1:31.9 | impactful for your financial life. We put those in your inbox, with summaries, takeaways for |
| 1:38.3 | myself, along with other giveaways and invitations to events and white papers. |
| 1:50.2 | And when you do sign up, you also get a free digital copy of my Wall Street Journal bestselling book, Job Optional. |
| 1:54.0 | And one of the coolest things is also, man, you get so much with this email. When you sign up, you'll get advanced notice of our upcoming interviews. |
| 1:58.5 | And you'll have the opportunity to submit questions for those guests, |
| 2:02.2 | people like Jeremy Siegel, Dr. Wade Fowl, Burton Malkiow, all kinds of awesome individuals |
| 2:07.7 | you get to submit your own questions for. So sign up by just simply shooting us a text, |
| 2:13.5 | texting the key letters, W.R, to 866-482-9559, or just visit us at RetirewithPurpose.com. |
| 2:20.7 | You can get a link to this article in the show notes there and also get yourself signed up while |
| 2:25.7 | you're at it. And I would love it if you enjoy the content to not just subscribe to the podcast, |
| 2:31.7 | so you get notified of our upcoming releases. However, I really |
| 2:35.5 | love reading reviews. Every single day, probably twice a day, you know, I want to check and |
... |
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