Key Takeaways:
Chapters:
Timestamp Summary
0:01:12 The importance of savings and its role in a proper financial system.
0:02:35 The flaws in the current financial system built on credit.
0:04:09 The need for constants and building on knowledge in finance.
0:06:08 The author’s personal investment strategy with bitcoin and companies.
0:08:10 The concept of savings from a government standpoint.
0:10:14 Comparing the value of bitcoin, S&P 500, and gold as savings options.
0:13:17 Bitcoin bought 91 times more oil per dollar invested.
0:13:57 There is no one at the top controlling everything.
0:15:12 Larry Fink is a powerful money manager in finance.
0:16:19 Rich people want a base currency that can’t be manipulated.
0:17:33 Rich people don’t care about the technical details of crypto.
0:18:42 Rich people want to put their wealth in a decentralized system.
0:19:07 Rich people just want to know if their money is safe.
0:19:40 Investors are rewarded for their patience and information edge.
0:20:25 Bitcoin is the core of the portfolio and benchmark for allocation.
0:21:28 Real estate and stocks should not be dismissed.
Powered by Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Finance 101: The nuts and bolts of how our economic system is financed
Real Estate: Turning homes into NFTs on the blockchain
Media: The economics of podcasting
Investing: The Lost Decades and what to do about the one around the corner
Business: How property and casualty losses affect the bottom line of a business
Wealth Mindset: Don’t chase the desires of your heart...Attracting them feels much easier
Real Estate: China, Russia, and OPEC’s impact on the Texas Real Estate Market
Innovation: The importance of vision in podcasting
Wealth Mindset: Removing stress from the wealth building process
Business: When is the right time to stop doing your own taxes?
Wealth Mindset: How to make success in wealth building feel easy
Real Estate: The benefits of hiring a real estate professional
Building a podcast network around uplifting men
Investing: Passive index investing is becoming much less attractive
Business: Being intentional about the investments you make in your business
Investing: The Root Cause of Big Market Movements
Real Estate: Why HOAs can make or break the home values in a community
The New Corporate Structure for Organizations in the Digital Age
Investing: A short and simple explanation of the current (2023) financial crisis
Why the most successful business owners are masters of cash-flow
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast