Wealth Series 2.0 - Episode 8 - Buckets of Wealth
Win Make Give with Ben Kinney
Ben Kinney Training
4.9 • 1.5K Ratings
🗓️ 27 January 2023
⏱️ 31 minutes
🧾️ Download transcript
Summary
Diversifying your investments is a strategic way to protect and grow your wealth. In episode eight of Wealth Series 2.0, Ben Kinney, Bob Stewart, and Chad Hyams discuss the five buckets of wealth and how to use them to flip the triangle.
Disclaimer: You should not use our advice to make financial decisions. We highly recommend you seek professional advice from someone authorized to provide investment and retirement advice.
In this episode, we cover the following:
- Lessons learned from 2008 [0:48]
- Concrete's five ingredients [2:47]
- Five buckets of wealth [3:10]
- Diversifying your buckets [4:00]
- Cash and cash equivalents bucket [4:44]
- Financial instruments bucket [4:56]
- Real estate bucket [5:13]
- Business bucket [5:20]
- The "other" bucket [5:32]
- Models for diversifying your wealth buckets [7:57]
- Understanding how to leverage wealth buckets [11:36]
- Benefits of cash [15:00]
- Benefits of stocks, bonds, and retirement accounts [20:02]
- Benefits of real estate [22:32]
- Benefits of owning or investing in a business [24:42]
- Benefits of the "other" bucket [27:03]
Resources discussed in this episode:
- Enroll in Wealth Series 2.0: https://WinMakeGive.com/wealth/ to receive all the workbooks and have the resources emailed to you directly
- Download the workbook and resources for Episode 8 at https://winmakegive.com/wealth-part-8/
- Win Make Give Facebook group: https://www.facebook.com/groups/WinMakeGive
Connect with the hosts:
- Ben Kinney: https://www.BenKinney.com/
- Bob Stewart: https://www.linkedin.com/in/activebob
- Chad Hyams: https://ChadHyams.com/
- Book one of our co-hosts for your next event: https://WinMakeGive.com/speakers/
More ways to connect:
- Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up
- Explore the Win Make Give Podcast Network: https://WinMakeGive.com/
- Listen to Win Make Give Season 3 on YouTube: bit.ly/3pPEdAx
------
Part of the Win Make Give Podcast Network
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Wind Make Give Well Series. |
| 0:12.7 | This is Ben Kenny, joined with Bob Stewart and Chad Hines. |
| 0:18.3 | Hello. |
| 0:19.3 | Excited to be here. |
| 0:21.4 | Let's do this. |
| 0:22.4 | They don't sound excited. |
| 0:23.8 | We are excited, Ben. |
| 0:26.1 | We are rocking our way through the Well Series. |
| 0:31.8 | This section is called The Buckets of Wealth. |
| 0:37.4 | I love this topic. |
| 0:41.0 | Love it. |
| 0:44.5 | Now I could write a book, gentlemen, on the lessons that I learned from 2008 to 2010. |
| 0:55.4 | And this thing called The Great Recession, The Great Recession of Our Generations, it |
| 1:01.6 | almost bankrupted me. |
| 1:04.8 | One of the most important lessons I learned is if you don't protect yourself from things |
| 1:11.5 | that are outside of your control, then you aren't really wealthy. |
| 1:16.5 | And during that time, Chad, I wasn't. |
| 1:20.5 | I had some assets, but only a couple of kinds. |
| 1:25.0 | The vast majority of my assets was wrapped up in real estate that didn't really cashflow |
| 1:31.5 | in businesses that I kept saying, if I build it, they will come. |
| 1:36.7 | I've heard that somewhere. |
| 1:39.5 | My business happened to be in the real estate industry, which those of you that familiar |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ben Kinney Training, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ben Kinney Training and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.