Summary notes:
The basic building blocks of an economy include:
Technology is not just a term that refers to software and hardware, but rather a concept that describes the force behind an economies increase in productivity which leads to a higher overall quality of life.
Asset returns are made up of three components: productivity, inflation, and market sentiment (emotion). Investors can make money by understanding the impact of productivity and inflation has on their choice of investments while managing their emotions when the market is either too hyped or too pessimistic.
Timestamps
0:03:53 Exploring the Impact of Technology on Economic Productivity
0:06:20 Exploring the Impact of Productivity on Asset Returns
0:11:19 The Decline of America and the Possibilities of Web 3.0
0:15:28 The Impact of Internet and AI on Production and Distribution Costs
Join the Wealth Building Made Simple Newsletter: https://www.wealthbuildingmadesimple.us/subscribe
Powered by Stone Hill Wealth Management
https://stonehillwealthmanagement.com/
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.
Maximizing Retirement Savings and Tax Benefits for Business Owners
Sound Money Management: Principles for Individuals and Society
Building a Strong Business Foundation: The Business Planning Pyramid
Bitcoin Mining: A Lucrative Opportunity for Investors in the Crypto Space
WBMS Docuseries: Healthy Mind, Body, and Spirit (Episode 3)
Private Equity Trends for 2024: How to Attract Investors for Your Business
The Age of Trillionaires: Understanding the Changing Nature of Wealth
The Importance of Balancing Reason and Imagination in Investing
The Best Way to Become Financially Independent: Find Your Passion
Why Checking Your Pay Stub Matters
Building Wealth: Playing Within or Outside the System
Improving Your Relationship with Money Through Emotional Intelligence
Tax Extender Bill: Reverting Bonus Depreciation Back to 100%
Understanding the Market as a Collective Consciousness
Shower Your Business with Love
The Benefits and Misunderstandings of ESOPs
WBMS Docuseries: Healthy Mind, Body, and Spirit (Episode 2)
The Big Industrial Economy Short
Planning for a Successful Marriage and Retirement
Overcoming Financial Overwhelm
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast