Investing Is The Only Way To Wealth - Episode #242 w/ Social Proof 7
Social Proof Podcast
Social Proof Network
5 • 2K Ratings
🗓️ 30 April 2022
⏱️ 80 minutes
🧾️ Download transcript
Summary
Real Estate, Cryptocurrency, Stocks & Options, Business Ownership… What should you invest in? What is the best way to take the currency you’ve been entrusted with and turn it into what it was created as : a gift, tool, and idea to move people, things, and ideas. In this special episode of the Social Proof 7 featuring Derrick Harper Sr. , Kenneth Igwe, Financially Fitz, Daniel Chisca, and Teri Ijeoma we discuss:
- Shifting, Defining, and Continually Re-defining how we view money : giving meaning to what it is, how we use it, and how to best deploy it to benefit us and those we love.
- Investing In Yourself VS. Investing In Investments : How to deploy your capital, maximize your returns, and set yourself up for a lucrative future.
- The Conversations Surrounding Cryptocurrency: What to look for when potentially buying, holding, and trading the world’s newest asset class.
- Leveraging Lenders VS. Cash Financing For Investments : Why you should consider which one you use depending on the desired investment outcome.
- Protecting Your Capital : Playing by the rules of the wealthy and how to pay less taxes, leverage your assets, and legally insulate your hard-earned currency.
and so much more!
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Transcript
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| 0:00.0 | it takes money to make money. |
| 0:02.6 | So while you are still in this phase |
| 0:05.1 | of having a small amount of money, |
| 0:06.6 | you need to get a side hustle to be real good at that. |
| 0:09.8 | Like even as a big investor now, |
| 0:12.4 | my online course funds my investing portfolio. |
| 0:16.5 | And before it was real estate, |
| 0:18.2 | funded my commissions from real estate, |
| 0:19.8 | I would help teachers relocate every summer, |
| 0:21.9 | funded trading and me becoming better. |
| 0:24.9 | So you are gonna need something to fund your account. |
| 0:27.6 | You can't just start with zero dollars and say, |
| 0:29.6 | I want to invest in stocks and options |
| 0:31.9 | because you probably will lose. |
| 0:33.6 | So you're gonna need something to be able to replenish that |
| 0:36.6 | after the first met mess up. |
| 0:39.2 | And then you can keep building from there. |
| 0:41.6 | And three, two, one. |
| 0:47.0 | You're listening to The Real Social Proof Podcast |
| 0:50.5 | with Mr. Sleegus Pusaka's himself, David Shand. |
| 0:55.4 | Let's get it. |
| 0:57.3 | Welcome to another episode of The Social Proof Podcast. |
... |
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