What the Successful Know About Wealth, When to Invest, Why Own Rentals | ASK ME ANYTHING

Order of Man

Ryan Michler

Business, Health, Leadership, Relationships, Man, Society & Culture, Intellect, Style, Lifestyle, Money, Selfdevelopment, Wealth, Fitness, Selfhelp, Nutrition

4.8 • 9K Ratings

🗓️ 17 September 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this week's Ask Me Anything, Ryan and Kipp tackle pressing questions from the Iron Council, all centered on money. From understanding the habits of wealthy men, to real vs. nominal gains, to the psychology of budgeting and investing, they cover practical insights that cut through financial confusion.

The guys also dive into real estate, Roth strategies, and why prudence matters more than market timing. Tune in for a candid, actionable conversation on building and stewarding wealth with wisdom.

SHOW HIGHLIGHTS

00:05 – Opening and headlines
11:41 – Wealthy habits vs. average habits
21:44 – Real vs. nominal gains
24:49 – Selling a house and liquidity decisions
35:07 – Budgeting and psychology of money
43:23 – Wealth and dishonesty mindset
46:24 – Borrowing against equity
49:14 – Rentals vs. 401k
50:57 – When to sell real estate investments
53:16 – Backdoor Roth explained
59:47 – Iron Council promotion
1:02:57 – Social and community links

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Transcript

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0:00.0	One of the things he talked about is knowledge, the purpose of knowledge is action.
0:03.6	That's the difference between knowledge and wisdom.
0:05.8	I really don't care how much you know.
0:07.5	I care about what you do with that information.
0:10.1	And that's the difference between knowledge and wisdom.
0:13.4	And we should all be moving towards wisdom, which is practical application of the knowledge at hand.
0:18.9	Kip, what's up, man?
0:19.9	Great to see you.
0:21.7	We're still having some technical difficulties with the audio, but we'll get to
0:25.4	figure it out.
0:26.2	Dude, yeah, sorry about that.
0:28.1	I prepped.
0:28.8	I thought I prepped.
0:29.8	It's hard to tell, right?
0:30.9	If I don't have the listening ear of Ryan Mickler to clarify audio quality, I just,
0:37.2	I have no other way to test.
0:40.2	Well, I don't understand why technology is the way it is. You know, you, like, I could leave.
0:47.2	I could, I could just leave my desk right now exactly the way it is and not touch anything.
0:53.7	And then come back three hours, it up and all of a sudden
0:58.3	it's not working i did nothing i changed nothing i bumped nothing i didn't unplug anything and
1:05.1	everybody says you know oh it's if it's if technology's not working it's user error i'm like i don't
1:09.7	know maybe a i's getting into it and it has its own mind or something, but something's going on.
	...

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