S3E46: Why the Rich NEVER Gamble During Earnings Season

Are you ready to take charge of your financial future in 2025? In this episode of Rich Dad's Stockcast, host Del Denney is joined by financial expert Andy Tanner to uncover the secrets to building a bulletproof financial plan. Whether you're a seasoned investor or just starting your journey, this episode is packed with actionable insights to help you create a strategy for success. Andy shares why having a consistent weekly financial meeting could be the game-changer you've been missing. Learn how to review your financial statements, set clear goals, and adjust your plan as needed. Discover the "Power Six" framework, inspired by Rich Dad teachings, that simplifies understanding your income, expenses, assets, and liabilities. We also dive into the common pitfalls to avoid, like deprioritizing your financial goals or letting distractions derail your progress. Andy's advice will empower you to focus on what truly matters: building cash flow, escaping the rat race, and creating a financial plan that works for you. Plus, we explore how your financial goals tie into personal development and why a well-structured plan can transform your mindset. Don't just dream of financial freedom—make it your reality! 00:00 Introduction 01:05 The Importance of Regular Financial Meetings 03:47 Understanding Financial Statements 10:50 Setting and Achieving Financial Goals 16:11 Building a Financial Plan: Metaphors and Strategies 21:14 Common Mistakes and Prioritization 24:31 Back to Basics: Continuous Financial Education

13 Tammi 33min

Listen as host Del Denney and Rich Dad Expert Andy Tanner dive into one of the most exciting and important topics for anyone looking to escape the 9-5 grind—PASSIVE INCOME. If you've ever wondered how to make money while you sleep, this episode is for you. In this episode, we break down: -What Passive Income Really Is (It's not just earning without work!) -The Difference Between Cash Flow and Capital Gains – and why cash flow is key to lasting wealth. -Real-World Strategies to start building passive income through: Real Estate – Rental properties that generate consistent cash flow. Stocks – Dividend-paying stocks that keep the income rolling in. Businesses – Own or invest in businesses that operate without your daily involvement. Royalties & IP – Create something once and get paid over and over! Why Passive Income Matters: The road to financial independence isn't about working harder – it's about working smarter. By replacing active income with passive income, you can unlock true freedom and take control of your financial future. Ready to get started? Check out stockcastbonus.com for tools and insights to kickstart your passive income journey.

30 Joulu 202432min

Curious about option trading but unsure where to start? In this episode of the Rich Dad Stockcast, host Del Denney teams up with Rich Dad expert Andy Tanner to break down the basics of option trading and show you how it can help you take control of your financial future. They dive into everything you need to know: what options are, the difference between calls and puts, and how expiration dates work. Plus, they reveal how leverage in option trading can amplify your returns without taking on debt and share powerful risk management strategies, like using puts as insurance against market downturns. Andy and Del also explore real-life examples, including Mark Cuban's legendary use of options to protect his wealth, proving that these strategies aren't just for billionaires—they're for anyone willing to learn. Whether you're new to trading or looking to sharpen your skills, this episode will empower you with the knowledge and confidence to navigate the world of options like a pro. 00:00 Introduction 00:52 Basics of Option Trading 01:06 Understanding Calls and Puts 03:24 Investing vs Trading 06:30 Key Terms in Option Trading 11:35 The Power of Leverage 19:08 Practical Strategies for Option Trading 20:33 Mark Cuban's Strategic Use of Options 23:19 The Concept of a Collar in Options Trading 26:53 Teaching Options Trading to the Next Generation 29:48 Warren Buffett's Approach to Options

24 Joulu 202437min

In this episode of Rich Dad's StockCast, host Del Denney dives into the intricacies and strategies of short selling with expert Andy Tanner. They discuss how to profit in challenging markets by shorting stocks, differentiating between bearish positions and short positions, and the four essential steps to shorting. Insights include why the U.S. dollar is a prime candidate for shorting and real-life examples like Mark Cuban's hedging strategies. Perfect for those serious about enhancing their financial education and navigating markets effectively. 00:00 Introduction  00:29 Welcoming Expert Andy Tanner 01:08 Understanding Short Selling 02:31 The Concept of Trade in Short Selling 03:36 Steps to Short Selling 07:11 The Dollar and Short Positions 12:16 Practical Application of Short Selling 18:15 Risks and Strategies in Short Selling 23:12 Mark Cuban's Hedging Story 28:23 Conclusion and Final Thoughts

2 Joulu 202429min

Ever wondered how the rich build their wealth? It all starts with understanding financial statements! In this episode of Rich Dad's StockCast, Del Denney and Andy Tanner break down the power of financial literacy and how mastering financial statements can transform your financial journey. From income statements to balance sheets and cash flow, we're diving into the basics and how these tools can help you make smarter investments in stocks, real estate, or your own business. Plus, we'll show you how understanding your personal financial statement is the first step to taking control of your money and building long-term wealth. Visit StockCastBonus.com for a Free eBook: https://bit.ly/3JsRdmj 00:00 Introduction 00:50 Understanding Financial Statements 05:18 Key Components of Financial Statements 09:56 Levels of Financial Statements 16:15 Personal Financial Statements 27:25 Actionable Strategies for Financial Success 32:37 Conclusion and Final Thoughts

26 Marras 202433min

In this episode of Rich Dad's StockCast, host Del Denney and Rich Dad expert Andy Tanner discuss the crucial topic of investment red flags. Learn how to spot and avoid bad deals, whether you're a new or seasoned investor. Andy shares cautionary tales, essential tips, and key principles such as the importance of context, financial statements, and the mission behind investments. 00:00 Introduction 02:07 Cautionary Tales: Real-Life Scams 05:55 Key Strategies to Identify Good Deals 09:08 Generational Advice: Red Flags for Different Ages 14:24 Legal Scams and Risk Management 16:50 Recognizing Good Opportunities 23:34 Personal Experiences and Lessons Learned 27:06 Educational Advice for Young Investors 30:35 Conclusion and Final Thoughts

18 Marras 202431min

In this episode of Rich Dad's Stockcast, host Del Denny and guest Andy Tanner dive into the powerful ARMOR framework (Advanced Risk Management and Opportunity Readiness). They explore how investors can manage risks and spot key opportunities in the market. Key topics include understanding market crashes, maintaining temperament during volatile times, and the importance of financial education. Join us as we delve into strategies for having cash on hand, staying prepared for market downturns, and making intelligent investment decisions. Learn More From Andy Tanner: https://bit.ly/3JsRdmj 00:00 Introduction 00:06 Introducing ARMOR: A Framework for Investors 01:19 The Genesis of ARMOR 03:13 Understanding Market Crashes and Opportunities 04:17 Warren Buffett's Investment Strategies 08:18 Preparing for Market Crashes 14:40 Practical Applications of ARMOR 17:00 ARMOR Levels Explained 24:37 Mindset and Temperament in Investing 31:15 The Importance of Financial Education

18 Marras 202433min

In this episode of Rich Dad's StockCast, host Del Denney and guest Andy Tanner reveal the often overlooked strategy of dividend investing. They discuss the basics of dividends, the significance of consistent income, and why this method can be a game-changer for long-term wealth building. The conversation covers the emotional intelligence needed for investing, practical steps to get started, and specific sectors that yield better dividends. Andy Tanner shares insights on corporate fundamentals, payout ratios, and the importance of a company's growth potential. Tune in to learn how to generate significant passive income and fortify your financial future. 🔑 FREE Training with Andy Tanner: https://bit.ly/3JsRdmj 00:00 Introduction 00:27 The Power of Dividend Investing 01:24 Understanding Dividends 02:55 Real Estate Syndication Explained 05:57 Dividends vs. Stock Price Obsession 07:15 The Importance of Ownership 17:34 Practical Steps for Dividend Investing 28:11 Balancing Patience and Aggression 33:17 Conclusion and Final Thoughts

12 Marras 202434min