Key Takeaways:
Chapters:
Timestamp Summary
0:01:51 Importance of budgeting for maintenance costs
0:05:00 Explanation of currency trading and its impact on asset prices
0:07:06 Advice for short-term traders and the role of liquidity
0:11:19 Focus on the big trade and identifying valuable assets
0:12:41 Rearranging present assets for future appreciation
0:13:32 The trend of increasing debts and its impact on currency value
0:14:25 Viewing everything as a currency and the need for alternative stores of value
0:15:21 Investing in scarce real estate and gold as stores of value
0:16:23 Exploring the monetary system of Bitcoin and its potential
0:18:00 The rise of new digitally native companies and the future of manufacturing
0:21:01 The potential of the digital economy and the attraction of Bitcoin for savings
0:22:27 Investing in companies that plug into the digital system
0:23:32 The self-reinforcing cycle of companies investing in Bitcoin
0:23:53 The emergence of the new digital economy and its potential for global participation
0:25:02 The role of collateral and the need for government bailouts in the current system
0:25:50 Countries bailing out companies to protect the economy
0:26:39 Middle class and poor spending money, while the rich buy assets
0:27:58 Reduce expenses, invest in future assets to grow wealth
0:28:33 Different ways the government is unlocking and injecting money into the system
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.
Real Estate: Five reasons your home isn’t selling
Introduction to Wealth Building: Setting Financial Goals
Wealth Mindset: Freedom from limiting beliefs around making money
Business: ”What are the tax implications of being paid in equity?”
Marriage and Money: Budgeting and Financial Planning in Marriage
Financial Planning: The Ultimate Guide on how to get control of your finances
Innovation: Helping women and minority owned businesses find more money for their businesses
Entrepreneurship: ”Where do I find money to start a business?”
Real Estate: The mindset difference between rich buyer and sellers and the middle class
Financial Planning: ”How do I find a job that pays well that I love?”
Wealth Mindset: Working through the emotions of the wealth journey
Business: Smoothie King Business Study Takeaways
Financial Planning: ”How do we find the money to afford children?”
Real Estate: Housing Affordability in the DFW Metroplex
Financial Planning: ”How do I support my aging parents, pay my bills, and save for the future?”
Innovation: Bitcoin at the Center of the New Financial System
Business: The Franchise Business Model
Financial Planning: ”How am I ever going to save enough money to pay for a wedding?”
Real Estate: Managing short term rental properties ”Airbnbs”
Wealth Mindset: ”How do I get out of living this paycheck to paycheck cycle?”
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast