S3E68: The Wealth Lesson Schools Never Teach

"What is a dividend, and how do I make money with dividends?" In this episode, host Greg Arthur and Rich Dad Wealth Expert answer the most asked question in the StockCast comments. At its core, a dividend is your share in the profits of a company you own. In return for purchasing stock, or investing in a company you are given two fundamental rights. First, you have the right to participate in electing a board of directors to run the company, and second, you have the right to be paid a share of the company's profits, at the discretion of that board. Get Access to Andy's Webinar: https://bit.ly/466yJBW

25 Syys 202337min

In his book, Rich Dad Poor Dad, Robert Kiyosaki writes about the concept of the Rat Race. In short, it's the vicious cycle we learn from a young age that the only way to get ahead is to go to a good school, get a good job, and work harder and harder to try and get ahead. Unfortunately, the Rat Race game is a losing one. In this episode, host Greg Arthur and Rich Dad Wealth Expert Andy Tanner discuss the steps you need to take to exit the rat race and the Rich Dad philosophy "Get enough cash flow to cover your expenses. Once that is achieved you are financially free." FREE Webinar: How to Escape the Rat Race - https://bit.ly/3Rsp9Vt

18 Syys 202329min

If there's one thing the rich do differently than the poor, it's that they put their money to work instead of working for their money. What does that mean? Their money isn't just sitting around in a savings account, accruing little-to-no interest, waiting for a rainy day. Their money is being invested — and delivering a return! Different investments produce different results. The question is, what results do you want? There are two primary outcomes an investor invests for capital gains and cash flow. In this episode, host Greg Arthur and Rich Dad Wealth Expert Andy Tanner describe the difference between the two investing methods and which one will allow you to follow your passion, achieve financial freedom, and reach your life goals. Attend Andy Tanner's FREE Webinar "Zero to Cashflow in 30 Days": https://bit.ly/3qEiRqN

11 Syys 202330min

All of the qualities necessary for getting rich start with financial education, so this episode answers a listener's question, "Can Andy explain Options for newbies?" In a nutshell, professional investors use options to create income when they find a stock they want to buy, they set up options trades to lock in the price they want to buy it for. These options also create income for them until they actually buy the stock. As an added bonus, the options also protect their risk exposure just like insurance. If the stock price moves the wrong way, they will still get paid. Listen as Host Greg Arthur and Rich Dad Wealth Expert Andy Tanner explain what options trading is, and how to cash flow the stock market.

4 Syys 202331min

Michael Burry, the "Big Short" investor who became famous for correctly predicting the housing market's epic collapse in 2008, has bet more than $1.6 billion on a Wall Street crash. Listen as host Greg Arthur and Rich Dad Wealth Expert, Andy Tanner dissect the opposing positions of well-known investors Warren Buffett and Michael Burry and how you can position yourself to be successful in the market no matter which way the market goes. Get your FREE copy of Andy Tanner's "Power of 6" book: https://bit.ly/47tKDXz

28 Elo 202317min

When people consider investing in the stock market, they typically only think of long-term retirement accounts or other buy-and-hold scenarios. Rarely do they think of the stock market as a source of ongoing cash flow. Yet that's precisely what it can do for an educated investor. Host Greg Arthur and Rich Dad Wealth Expert Andy Tanner discuss when it comes to choosing the right type of investment vehicle, it's important to be thoroughly educated on the pros and cons of each. Stock investing offers many advantages but today's episode focuses on the top three reasons you should invest in the stock market. Check Out Andy Tanner's "Zero to Cashflow" Webinar - https://bit.ly/3qEiRqN

21 Elo 202326min

Most people believe stock investing is at odds with the Rich Dad philosophy of investing for cash flow. The reason people believe this is because they think stocks are simply buying low and selling high—a capital gains investment. Rich Dad teaches that you can cash flow the stock market. We teach that cash flow is better than capital gains for three reasons: It is resilient to market swings and market chaos It brings money into your pocket regularly (not imaginary "paper wealth" such as net worth) It is generally taxed at a lower rate than other forms of income, including capital gains It makes sense that if you think stock investing is only capital gains investing and you subscribe to Rich Dad's philosophy of investing for cash flow, you'd think we're telling you not to invest in stocks. But we're not. An educated stock investor knows how to cash flow with the stock market, not just invest for capital gains. In this episode, host Greg Arthur and Rich Dad wealth expert, Andy Tanner discuss why investing in the stock market is not at all at odds with the Rich Dad philosophy, and how an educated stock investor can cash flow with the stock market. Get a FREE copy of Andy Tanner's book "Power of 6" - https://bit.ly/47tKDXz

14 Elo 202332min

You've seen the maps that say, "You Are Here" at shopping malls, parks and highway rest stops. This information can be very helpful when you need to find your way. The same is true when it comes to achieving your financial dreams: Before you can plan where you want to be, you have to know where you are. The first step to financial success is taking a good, truthful look at where you are now. Do you know your current numbers (income, expenses, assets, and liabilities)? Listen as Host Greg Arthur and Rich Dad Wealth Expert, Andy Tanner discuss the six numbers you have to understand so you can learn how close you are to your goal and get a road map to your dreams. Get a FREE Copy of Andy Tanner's "Power of 6" book and access to the calculator: https://yv932.isrefer.com/go/rdscppo6/rd13

7 Elo 202330min