In this episode, we discuss our approach to Initial Public Offerings, IPO; when to avoid them and when to consider their purchase.
The most common excuse for pursuing time freedom is, ironically, “I dont have time to learn how to make my money work”, which really is saying, “I dont have time to get to time freedom”. In this episode, we discuss how to free-up time, so that you can pursue the goal of having nearly all the time in a day.
In this episode, we interview Kyle, a student of the stock market. He’s a millennial by age, but not by his thinking/mindset. It’s a great discussion about the mindset changes he’s experienced in himself and what he’s witnessed in others as he progresses down the path toward time freedom. Whether you’re just starting out, or if you’re nearly at financial freedom, you’ll learn something during this interview. While his chosen vehicle to freedom is the stock market, his salary is derived from his daily real estate activities; this gives him an interesting perspective that not many people understand.
We talk about the dynamics of Multi Level Marketing, MLM; we speak about the benefits and the pitfalls to a network-marketing business, while providing some items to keep in mind should you be looking at an MLM opportunity.
We talk about the difference between financial freedom, time freedom, and retirement. If it is a new career you seek, this is when you do it as you now have the freedom & time to do so. Passive income, dividends, trading, stock invest …any of them can get you to financial freedom, but not all of them can get you to time freedom.
We explain the concept of puts and short sell stock in order to profit during down moves in the market. We delve into the psychology of what you will likely go through when doing this type of trade.
We explain the concept of trading covered calls (selling a call when you own the underlying stock) and then delve into the psychology of what you will likely go through when doing this type of trade. This leads us into a much longer discussion about how to think, in order to achieve the goal of, not just financial freedom, but time freedom.
This continues episode 12; we answer listener questions about where to learn to trade the stock market; we discuss the issues arising when friends don’t share your level of financial passion; we discuss leadership vs followership; coach-ability; and examples of how-to-think. This is part 2 of a 2-part episode.
We answer listener questions related to IRA and 401k and Roth IRA and Self directed IRA, as well as a number of other topics submitted by listeners. This is part 1 of a 2-part episode.
Continuing episode 9 & 10 where we talk 401k; a fabulous method of forced savings that is available to nearly every employee and it is tax deferred. Most people will switch employers every few years, usually to get a raise or promotion. However, they overlook the other huge benefit; when they switch employers, they can now have their 401(k) balance that was at their old employer moved to a self-directed IRA.