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Earn Your Leisure

Cliff Notes: RULES TO MASTER INVESTING

Earn Your Leisure

iHeartPodcasts

Business News, Careers, News, Entrepreneurship, Business, Education, Investing

4.97.9K Ratings

🗓️ 4 July 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this cliff notes Ian discussed rules to master investing.


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Transcript

Click on a timestamp to play from that location

0:00.0

These are some of the top five lessons I learned this week and shout out to my guy Brandon.

0:04.6

He said he started a brokerage account for a son.

0:06.8

He's three.

0:08.1

He puts in two K every month and the plan is to keep doing that until he dies.

0:13.1

And then his child will get it.

0:14.5

I'll teach him to do the same for his kids.

0:16.8

That's his generation of wealth plan.

0:18.8

And this is a plan that works incredibly well for those of you that can't do two

0:22.5

grand, maybe do 500 for those of you that have more money that's been burning down

0:26.7

every mall in Atlanta.

0:28.8

You should probably put five grand.

0:30.6

I've told something personally, my plan is to put seven grand in a month for

0:34.5

Zander. So by the time he is 30 years old, his children's children's children are okay.

0:42.2

Right.

0:42.9

So two K in every month, if you're an entrepreneur and you are doing

0:49.1

mid six figures, you can pull this off with no issue at all.

0:52.8

And imagine how amazing it would have been if our grandparents would have had access

0:58.2

and known to do this.

1:00.4

How much of an impact it would have made for you.

1:03.8

How do you know what to invest in?

1:04.8

I brought this up maybe two weeks ago.

1:07.8

But let me ask you a question.

...

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