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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Building Wealth, Staying Wealthy, and Retiring Early with Jeremy Schneider

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Business, Education, Investing

4.6592 Ratings

🗓️ 27 August 2021

⏱️ 78 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 12:57 - The three lifelong habits to form in order to build wealth and stay wealthy  24:43 - A six-step personal finance plan to become a millionaire 29:29 - How to minimize or pay off debt  37:18 - Rules for smart investing  01:12:40 - The first thing you should do to get started on your wealth-building journey And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Get more FREE content from Robert. Get a FREE audiobook from Audible. Read the 9 Key Steps to Effective Personal Financial Management. Check out our Investing Starter Packs about business and finance. MI078: Avoid These 7 Sins of Investing to Grow True Wealth w/ Jeremy Schneider. Thomas Stanley and William Danko’s book The Millionaire Next Door. Dave Ramsey’s book The Total Money Makeover. Primary Home vs. Investment Property vs. S&P 500. Ramit Sethi’s book I Will Teach You To Be Rich. What’s the difference between an index fund and an ETF? Daniel Crosby’s book The Behavioral Investor. Scott Trench’s book Set for Life. Guy Spier’s book The Education of a Value Investor. All of Robert’s favorite books. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on our website. Connect with Jeremy: Website | Instagram Connect with Robert: Website | Twitter | Instagram  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.2

I'm a simple guy.

0:03.3

I think that I think the reason that people are broke isn't because they like missed some

0:07.1

nuance in the net worth calculation or because they didn't quite like fully get the

0:11.6

difference between a traditional and a raw thyroid.

0:13.7

You know, the reason people are broke is because they're just spending more money than

0:16.4

they make and they're, you know, they're not investing.

0:21.0

On today's show, we continue to revisit some of my favorite podcast from the past in this

0:26.8

millennial investing rewind.

0:28.6

If you've missed our previous rewind episodes, we've started to reshare some older episodes

0:34.1

that are my favorites for a few reasons.

0:37.1

One, we get a bunch of new listeners each week, so the new listeners may not have heard

0:41.6

this episode before.

0:43.1

Two, even if you've been listening for a while, you may have missed this episode when it

0:47.8

originally came out.

0:49.4

Or three, even if you've heard it before, it can be a great episode to learn from again.

0:54.9

If you've already heard this episode or you're not interested in hearing it, feel free to just skip it.

0:59.2

There's no harm in that, and you can pick up with our new episodes next week.

1:03.1

Also, if you've been listening for a while, you know about the fee for this show.

1:08.3

And if you're new, I want to let you know that we do have a fee for listening

1:11.8

to the millennial investing in Real Estate 101 podcast. It's not a monetary fee. I don't want

1:17.5

you guys to have to pay me anything to listen to the show. I'm actually happy and proud to be

...

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