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Epic Real Estate Investing

Cash or Cash Flow Your Way to Wealth? | Financial Freedom Friday

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 28 March 2014

⏱️ 7 minutes

🧾️ Download transcript

Summary

Is cash still king? Or, is there a new king in town? Is your investing strategy in alignment with the current king? If you back the wrong king, it could cost you more than money. Choose your mentors wisely.

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Download Matt's free real estate investing course "How to Do Deals | No Money Required" at FreeRealEstateInvestingCourse.com or text FreeCourse to 55678

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Transcript

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0:00.0

This episode is brought to you by Oracle.

0:03.0

AI is storming every industry, but how do you compete without costs spiraling out of control?

0:08.9

Time to upgrade to Oracle Cloud Infrastructure, or OCI.

0:13.4

OCI is one efficient platform for your infrastructure, database and application development

0:18.7

with AI built in.

0:20.4

Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.

0:25.0

Take a free test drive at oracle.com slash Spotify.

0:30.0

This episode is brought to you by Revolute.

0:32.7

Revolute is your perfect travel companion for all things money.

0:36.2

You can spend in over 150 currencies with great exchange rates

0:40.3

and withdraw from ATMs all over the world, with no charges from Revolute within your plan allowance.

0:46.0

Sign up to Revolute at Revolute.com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.

0:53.2

Until 18th of June 2024, 18 plus, T's and C supply, exchange fees and fair usage limits supply. It's time for Financial Freedom Friday with Matt Terrio.

1:15.6

Hi, you know, once upon a time, cash was indeed king.

1:21.0

And then though, on one hot day in August 1971, Cash was dethroned by Cash Flow.

1:27.8

A new regime was in power.

1:30.1

And here's what I mean.

1:31.6

There was a time when working hard for money, saving, retiring,

1:35.2

and living off the interest of your savings account when there was a time when that was possible.

1:39.6

But today, money is no longer money. You know, working hard for paper money without converting it into an economic asset is like,

1:47.6

you know, diving without an oxygen tank.

1:50.3

You might be fine for a while, but eventually you're going to run out of air.

...

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