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Welcome. Season 2 Episode 9 of Not Me, But You! Podcast.

We cover the concept of make it your goal to buy/hold assets. Why? Because that is what wealthy people do. Buying/holding assets allows people to benefit from the inevitable inflation that will occur. Use inflation to YOUR advantage by buying/holding assets.

Which assets? Growth stocks/dividend stocks/Bitcoin. What are some growth stocks? Apple, Google, Microsoft, Costco, etc. What are dividend stocks? They are assets that pay you money on a schedule! Some pay monthly, some pay every 3 months. Either way, it's CASH FLOW. It's cash flowing TO you instead of AWAY from you(like when you buy things that are NOT assets).

Cash flow is KING! Why? Because with cash flow, you can buy more growth stocks/Bitcoin with the "free money" you are getting in dividends.

I use Charles Schwab for buying/selling stocks. I find their platform very user friendly and they have great customer service. Not a sponsor. I just like them a lot. I feel they value me as a customer and treat me well. When I have a question, I call them and I actually get to speak with live human being! Imagine that! And their employees are helpful and knowledgable.

Time is your most valuable asset because you can only spend it once. What is retirement? When you have enough cash flow to pay all of your bills each month with money left over. That is when you, in effect, purchased all of your time back. Because when you're retired, you can choose to spend your time any way you wish.

If you can't afford to "pay yourself first" with each paycheck then you probably need to restructure your budget. And you may only need to follow a budget for 4 years (maybe 8 years). After 8 years of both budgeting/buying assets, you will likely be wealthy enough that you NEVER have to live on strict budget again!

44% of retired Americans are finding out they have to return to work. Why? Because their fixed income isn't enough cash flow to outpace the rate of inflation.
We must invest in assets that provide a high enough rate of return so that we outpace inflation. That is the path to never ending wealth. For people who never figure this out, they will work until the day they die! This doesn't have to be you, if you build enough cash flow into your budget by buying/holding assets.

Bitcoin is a cryptocurrency. But understand that Bitcoin is in a universe by itself. There is no other crypto like it. There is a limited supply of Bitcoin. There is only so much to go around. It's going to get more scarce(and expensive) as time goes on.

Retrain your brain to think in 4 year cycles. Why? Because your life can be hugely improved in 4 years. Bitcoin runs in a 4 year cycle. It's volatile within that 4 years. But every 4 years, Bitcoin reaches a new All Time High price! That's why you should own some.

Don't play the "look back game" with Bitcoin. What are some people saying today? If I only had the chance to buy Bitcoin when it was only $18,000/coin. But guess what people will say 4 or 5 years from today? That's right. If only I could have bought Bitcoin when it was only $100,000/coin. It's now 2028 or 2029 and one Bitcoin is $500,000. Don't play this look back game. It's silly. Go buy some assets! You will be glad you did, 4 years from today.

Have courage today, to pick one thing, and work on your dreams.

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest.

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Welcome to Season 2 Episode 8 of Not Me, But You! Podcast.

If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF

In this episode I explain why Bitcoin is unlike any other cryptocurrency and why I choose to park my "pile of money" in Bitcoin. It IS indeed the best performing asset on the planet. It IS also volatile and the price moves up/down in 4 year cycles. That should cause to you pause briefly, and do your own research. That price movement in 4 year cycles should NOT prevent you from investing in it.

How do we overcome the inevitable effects of inflation (fiat money printing)? Answer: BUY ASSETS. But WHICH assets we buy/hold ARE very important.

Go to Investopedia.com and search "Bitcoin price history." Look at that very easy to interpret graph. And look at the overall trend. Every 4 years, Bitcoin reaches a NEW all time high price! So by parking "my pile of money" in Bitcoin, my purchasing power doesn't go down over time, it actually goes UP!!

Once you fully understand this feature of Bitcoin, you will begin to understand why it is better than growth stocks and better than gold/silver and better than leaving your money in bank account. A pile of money sitting in bank account earning an extremely low rate of interest each YEAR is like a slowly melting ice cube. The "melting" is your purchasing power of that pile of money declining over time.

Consistently investing in Bitcoin, and being patient will help to change to your life! But you can't give up and panic sell when someone tells you, "It's all going to zero!" You have to simply stay the course and keep buying slices of Bitcoin. Whatever dollar amount you can afford. Being consistent will help you to win this race. You have to hold Bitcoin for a minimum of 4 years. If you want to be a serious investor, you should have a 10 year plan. You should have a strategy for the next 5 years and 10 years from today.

Bitcoin is NOT cash flow. We all need cash flow each month to pay our bills. But we need growth also. We need a high enough rate of return on our assets that we buy/hold so that we can beat the rate of inflation. That is the only way you will end up with enough money to live your life today but also live your life until you pass on.

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest.

Send us a text

Season 2 Episode 7 of Not Me, But You! Podcast

If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Referral link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF

The rate of return (yield if you invest in dividend stocks, ROI= Return On Investment) that you earn on your investments is very important. In this podcast, I explain how to pick assets with high rates of return. I also talk about growth stocks as well.

Think of your overall investment strategy being like a train. A train runs on 2 parallel tracks. But the individual tracks are separate, they are different. One of those train tracks (rails) is dividend stocks. The other track (rail) is growth stocks.

What are growth stocks? All the names of companies you already know: Apple, Google, Amazon, Microsoft, Nvidia, Costco, Home Depot etc. These growth companies typically pay very SMALL dividends. In part, because you make your money by "share price appreciation." That is the price/share going up about 10% every year.

Dividend stocks are "passive income." They pay you money (a dividend) on a schedule. The schedule is usually monthly or every quarter (every 3 months).

Inflation pushes consumers to spend more money. Why? Because inflation causes prices to rise on the products/services you continue to buy each year. We need to invest in assets that pay us a high rate or return that will outpace the rate of inflation each year. By doing this, we preserve our purchasing power of the pile of money that we hold.

What if you can't afford to buy "one whole asset?" Then buy "slices" of assets. I explain how to do this. I tell you which free website I use to pick high yield dividend stocks/growth stocks. I tell you how to evaluate/compare stocks.

Warren Buffet once said, if you want to be wealthy, then you need to find ways to make money while you sleep! I buy assets that either pay me on a schedule (bring me cash flow) and/or that go up in value each year, at a rate that is GREATER than the rate of inflation.

If you only have a small amount of money to invest each month, then you may want to begin with high yield, low cost per share, dividend stocks. Don't start with expensive (high cost per share) growth stocks. You can add in growth stocks later. But of course, in life, there are always exceptions to every rule!

Have courage today to pick one thing, and work on your dreams.

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest.