24 min listen
147: How To Invest Outside Banks and Wall Street with Patrick Donohoe of The Wealth Standard – Empowering Individual Financial Independence
147: How To Invest Outside Banks and Wall Street with Patrick Donohoe of The Wealth Standard – Empowering Individual Financial Independence
ratings:
Length:
45 minutes
Released:
Jun 27, 2018
Format:
Podcast episode
Description
#147: You’re going to live longer than your parents and ancestors. Half of today’s retirees will live into their 90s. That’s good...if your finances can support your lifestyle. Patrick Donohoe, Founder and CEO of Paradigm Life, is our guest today. Debt is vital to wealth creation. We tell you why. Inflation vs. Deflation: this “Economic Tug Of War” is discussed. It’s deflationary globalization versus inflationary dollar-printing. Patrick tells us how to bank outside the banking system via the Perpetual Wealth Strategy. Grab Get Rich Education’s new book at GetRichEducation.com/Book Want more wealth? Visit: 1) GetRichEducation.com to grab our free newsletter. 2) GREturnkey.com for actionable turnkey real estate investing opportunities. Listen to this week’s show and learn: 01:00 “Formal education will make you a living. Self-education will make you a fortune.” -Jim Rohn 06:08 Patrick Donohoe interview begins. 09:24 Retirement: is the very idea “anti-life”? 12:36 Buying time vs. selling time. Wall Street vs. Main Street. 16:06 Hanging around the same people equals the same results. 17:26 Debt. 25:17 Inflation vs. Deflation. 34:26 How to “be your own bank”. Resources Mentioned: ParadigmLife.net NoradaRealEstate.com MidSouthHomeBuyers.com GetRichEducation.com GREturnkey.com
Released:
Jun 27, 2018
Format:
Podcast episode
Titles in the series (100)
2: How To Make Money Follow You: #2: They say, "Work smarter, not harder." But are you thinking about this popular saying in the right way? Are you applying it to enough facets of your life - the ones that matter? Though it is not intuitive, learn more about how debt can be good.... by Get Rich Education