Why Hard Work Doesn’t Payoff Anymore | NEW Bloomberg Study Reveals All... | 1460

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 4 April 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode reveals insights from a Bloomberg report highlighting the stark wealth disparity in America, where the richest half own 97.5% of national wealth, and the top 0.1% control 13.8%. Matt discusses how the ultra-wealthy have significantly increased their wealth in recent years, while regular families struggle to build wealth despite hard work and following traditional financial advice. It introduces Aaron's story, a financially savvy individual who's still falling behind, and explains how he discovered and leveraged a unique real estate strategy. The episode emphasizes the urgency of adopting this strategy amidst a severe housing shortage, growing rental demand, and rapid technological advancements. A free guide is offered to help viewers understand and apply this strategy to secure their financial future. Aaron's free guide on how he solved the 2.5% problem for himself: https://drive.google.com/file/d/1zmoWqv9-22ZFdDe6iDUWe0VKO8Mo1zMv/view?pli=1 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is Terio Media.
0:04.0	Hey, strap in!
0:07.0	It's time for the epic real estate investing show.
0:10.0	We'll be your guides as we navigate the housing market, the landscape of creative financing strategies, and everything you need to swap that office chair for a beach chair.
0:19.0	If you're looking for some one-on-one help, meet us at
0:21.7	rei-aise.com. Let's go, let's go, let's go, let's go, let's go, let's go, let's go. Let's go.
0:28.1	Want to know why you're working harder without seeing the payoff? Bloomberg just spilled the
0:33.0	beans. And once you see these numbers, you'll understand why.
0:44.4	The richest half of American households own a staggering 97.5% of all national wealth.
0:52.2	Meanwhile, the top 0.1%, just 133,000 families control 13.8% of everything.
0:56.8	That's a group smaller than a college football stadium. Well,
1:02.3	Alabama Stadium maybe, but you get the point. And with enormous economic power. But wait,
1:08.7	it gets worse. In the last four years, the ultra wealthy added over six trillion dollars to their wealth. That's nearly five times the 1.25 trillion wealth increase
1:13.5	seen by the entire bottom 50%. About 66 million American families. You see, while most people
1:20.6	were working harder than ever, earning paychecks, saving what they could, and trying to get ahead,
1:26.4	this tiny group of families saw their total assets,
1:29.3	their wealth grow dramatically. The gap between the wealthy and everyone else isn't just big. It's
1:36.5	been widening for decades, and it's now growing faster than at any point since the 1980s. Here,
1:42.3	look at these numbers. The top point one percent now owns 13.8
1:46.4	percent of everything. The bottom half owns just 2.5 percent of national wealth. Regular families
1:53.1	are falling further behind every year. I call this the two and a half percent problem. When
1:58.7	half of America owns just two and a5% of the wealth, something is seriously
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Matt Theriault, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Matt Theriault and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.