S3E122:  How to Go From Saving Money to Investing

S3E122: How to Go From Saving Money to Investing

Wondering how to start investing when you've spent your entire life learning how to save money?

You work hard. You pay your bills. You put money in the bank.

You've followed the rules of financial responsibility.

But here's the question: Is saving money actually making you wealthy?

Most people believe that if they save enough money, financial security will eventually follow. But Rich Dad investing expert Andy Tanner argues that saving and building wealth require two very different ways of thinking.

In this episode of Rich Dad Stockcast, host Del Denney sits down with Andy to explore why so many disciplined savers struggle to become confident investors.

Andy shares a personal story about a wealthy mentor who challenged him when he was young. He thought he wanted to be rich, but his mentor saw something entirely different.

That conversation changed the way Andy thought about money.

Years later, Andy and his wife reached a major savings milestone. They had done everything they were supposed to do financially.

But Andy discovered that reaching a savings goal wasn't the same as learning how to create wealth.

So what separates someone who accumulates money from someone who knows how to make money work for them?

And what should you understand before putting your hard-earned savings into stocks, options, real estate, or other investments?

Andy challenges conventional advice about saving, explains why fear can keep people from taking the next step, and shares what he believes every beginning investor should focus on first.

With inflation continuing to challenge purchasing power, understanding the difference between saving and investing matters more than ever.

You don't have to gamble your savings to become an investor. But you do have to develop skills that saving alone won't teach you.

🎯 Visit https://bit.ly/3JsRdmj for access to FREE investing tools, including Andy's "Power of 6" ebook.

00:00 Savers to Investors
02:11 Click and Get Paid
05:21 Consumer Saver Investor
10:40 Discipline and Creativity
16:29 Inflation and Asset Classes
20:00 Education and Jargon
25:02 Cash Flow Basics
27:26 Weekly Action Plan
29:00 Final Takeaways

---

Get the FREE Rich Dad Wealth Kit: Guide to Silver + Gold Playbook + Wealth Defense Guide. Plus up to $10,000 in free silver with qualifying purchases.** (U.S. Residents Only)

https://prioritygold.com/richdad

Call 866-703-9895 or text STOCKCAST to 24999 now. Kits available while supplies last.

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S3E121: How to Build Wealth After 50: Is It Too Late to Start?

S3E121: How to Build Wealth After 50: Is It Too Late to Start?

Wondering how to build wealth after 50 when your retirement savings aren't where you expected them to be? You've spent decades working, paying bills, raising a family, and doing what you thought was f...

26 Loka 33min

S3E120: Why Fear and Greed Cause Investors to Lose Money

S3E120: Why Fear and Greed Cause Investors to Lose Money

Fear and greed in investing can destroy even a well-researched investment strategy. When stock prices fall, fear pushes investors to sell before losses get worse. When prices rise, greed creates urgen...

19 Loka 27min

S3E119:  How to Make Money When the Stock Market Goes Down

S3E119: How to Make Money When the Stock Market Goes Down

Can you make money when the stock market goes down? Many investors assume they can only profit when stock prices rise. But income-focused investors can use strategies such as dividends and certain opt...

12 Loka 27min

S3E118: Is Options Trading Gambling? How Educated Investors Manage Risk

S3E118: Is Options Trading Gambling? How Educated Investors Manage Risk

Is options trading gambling? The answer depends less on the financial tool and more on how the investor uses it. Options can fuel speculation and risky bets, but educated investors can also use them t...

5 Loka 28min

S3E117:  How to Generate Cash Flow From Stocks Without Selling Them

S3E117: How to Generate Cash Flow From Stocks Without Selling Them

Generating cash flow from stocks requires investors to think differently about what a portfolio is supposed to do. Instead of buying shares, waiting for their prices to rise, and eventually selling th...

28 Syys 34min

S3E116:  How to Stop Chasing Stock Tips and Invest for Yourself

S3E116: How to Stop Chasing Stock Tips and Invest for Yourself

Learning how to invest without stock tips means replacing someone else's opinion with your own investment process. Instead of constantly searching for the next hot stock pick, educated investors devel...

21 Syys 26min

S3E115:  How to Build a Stock Market Strategy You Can Actually Follow

S3E115: How to Build a Stock Market Strategy You Can Actually Follow

A stock market strategy should help you make disciplined decisions when markets become unpredictable—not disappear the moment prices fall, a stock takes off without you, or fear and FOMO take over. I...

14 Syys 35min

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