Wealth wisdom: when it comes to your money and your retirement, be smart, not blindly obedient.
Secret wealth generation nugget #1: Don’t focus on your cash, but rather focus on your cash-flow.
Insiders know this.
That’s why Wall Street firms value companies based on a Discounted Cash-Flow analysis, not on the size of the ‘Net Worth’ section of their balance sheets.
Secret wealth generation nugget #2: Many well-meaning people have taught you to believe that you don’t really have wealth, if you don’t save.
I’m going to tweak this sacred cow money-mantra a bit and brand it with this:
Your networth only stays on an upward track when you give your money a chance to work for you. There’s a big different between saving & investing, versus spending & consuming.
Investments have always been, and will always be, more profitable than saving money.
It is these kinds of nuggets, of real-world practical advice, that I shall be focusing on within this category, as shown by the posts below.
Blackrock’s Aladdin: This robot already owns everything (and its just getting started). This secret weapon has made Blackrock the most powerful company in the world.
No need to have idle cash producing no returns. Why not borrow at ~5%/APY and turn around and make ~15%/month? Credit-to-cashflow at it finest.
There’s a routine humans get into. It’s called acceptance-of-normalcy. When it comes to investing, you want rogue, not Beta. Here’s why:
Ticker.art: a series of commissioned art works that takes the most boring and utilitarian of things — the letters of a stock ticker symbol — and creates an exciting, original image, inspired by the company behind the symbol.
In this how-to post, you’ll learn about a unique crypto-credit to cashflow method, as well as one of my go-go platforms for Crypto tracking.
The quick story of three contractors bidding on a simple job for the Whitehouse and how it is analogous to the Government Stimulus Plan.
This is what is possible when it comes to employing an automated trading bot into your wealth-creation portfolio. Worth the look.
Admission of accountability: Whenever my income / cash-flow stalls, or hits a threshold that is consistently stalling out, I end up realizing it comes down …
The older, therefore (hopefully) wiser, I get… the more I can resonate with what Canadian Ian Clark shares here in under 3 minutes: Related Resources: …
Chasing Money, or How To Tackle the Money vs Value Conundrum! (More…)
This is an eye-opening personal revelation, worth contemplating, from my longtime friend Jared Maidenberg. You can hear Jared explain his recent move here… The Mexican …