Millionaires' Biggest Threats to Wealth
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 7 June 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
Discover what millionaires said are their biggest threats to wealth. This was a survey done by CNBC. The article is here.
Are you on track for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.
If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.
Your compounding rate, and how well you invest, matters!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Be wealthy and smart, episode 1203. |
| 0:03.0 | I'm gonna live the rich life. |
| 0:06.0 | Rich life. |
| 0:07.0 | If you all the best life, |
| 0:10.0 | if y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | yeah I'm full of faith I'm gonna live I'm gonna live a good life |
| 0:20.7 | a good life |
| 0:21.7 | a beautiful and glorious life Step into a world of wealth of wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.3 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:37.8 | Welcome to Be Wealthy and Smart. |
| 0:39.4 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.8 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:44.3 | On today's show, we're going to cover a survey about millionaires biggest threats to |
| 0:49.1 | wealth. |
| 0:50.1 | CNBC did a survey, which they do twice annually, and they pulled more than 750 affluent individuals nationwide in April of 2023. |
| 1:01.0 | Respondents had investable assets of 1 million to 5 million dollars or more. |
| 1:06.1 | So let's hear from this survey how millionaires are feeling and what they think their biggest |
| 1:11.9 | threats to wealth are. |
| 1:13.0 | It says this spring, millionaires felt relatively pessimistic about the economy and |
| 1:18.0 | identified several perceived threats to personal wealth, |
| 1:21.0 | according to the NBC's latest millionaire survey |
... |
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