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5: Making Your First Investment (Passive Income, Real Estate, and Retirement)

5: Making Your First Investment (Passive Income, Real Estate, and Retirement)

FromRich Habits Podcast


5: Making Your First Investment (Passive Income, Real Estate, and Retirement)

FromRich Habits Podcast

ratings:
Length:
23 minutes
Released:
Mar 27, 2023
Format:
Podcast episode

Description

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share three ways to make your first investment - specifically as it relates to generating passive income, building a real estate portfolio, and investing toward your retirement.
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Earn 5.6% with T-Bills on Public.com: ⁠⁠Click Here!⁠⁠
For more about Robert, click here.
For more about Austin, click here.
To learn more about Fundrise, click here.
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[00:00:00] - "Investing demystified: Rich Habits"
[00:01:06] - Starting with passive income
[00:03:20] - Dividend ETFs with low volatility.
[00:04:15] - Real estate investment trust (REIT) diversification and clientele
[00:06:18] - Real estate
[00:08:36] - FHA loans
[00:11:31] - House hacking
[00:15:48] - Building wealth with a Roth IRA
[00:16:46] - Tax-free retirement savings
Released:
Mar 27, 2023
Format:
Podcast episode

Titles in the series (94)

Introducing the Rich Habits Podcast — a financial literacy podcast for anyone ready to take back control of their money by implementing new habits. Join Robert Croak and Austin Hankwitz every Monday as they demystify the financial habits of the rich, share their own mistakes and shortcomings, and lay out the blueprint for you to succeed with money. Robert is a decamillionaire with 30+ years of business acumen and $200M+ of company exits under his belt, while Austin is an entrepreneur in his 20s eager to learn.