S3E69: The #1 Investing Mistake That Destroys Wealth

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

Simply having an asset that increases your net worth does nothing to improve your cash flow situation. There are many people who are rich on paper but poor in cash. When you have assets that generate cash flow for you, it can help you now and through retirement. Remember: Net worth doesn't help you retire; cash flow does. Your net worth doesn't pay the bills; the cash that comes into your bank account each month does. That's an important distinction to make. If you are selling options on your stocks, that is cash flow that goes into your income statement. It's an important addition to your income statement that can transform your life. Listen as host Greg Arthur and wealth expert Andy Tanner discuss how to buy your first cash flow stock.

31 Heinä 202332min

One of the nice things about investing for a long period of time is that you realize history repeats itself. The economy is a continual cycle of booms and busts. Those with high financial intelligence understand this and have learned how to see the warning signs of each cycle…and act accordingly. Because stock prices fluctuate with emotions, technical investing seems risky to those who do not have a good financial education. Andy Tanner describes the most well-known measure of market sentiment, the Volatility Index or VIX, and the emotions that drive the market. In today's episode host, Greg Arthur and wealth expert Andy Tanner explain that the stock market seems unaffected by the negative news in the economy, and how an average investor can make money regardless of which way the market is going.

24 Heinä 202333min

We NEVER say something is guaranteed on this show. NEVER! Until today. So, if you want o learn about a 9+% you are going to want to pay close attention to this show. When you are listening, you will understand why Andy is such an AMAZING teacher. If you'd like to get some of his FREE training: click here Yes, I want Andy's FREE training! Closed caption, is available on the YouTube Rich Dad channel.

27 Touko 202242min

There are 7 magic numbers that will change your life. Make sure you listen to Robert Kiyosaki's favorite number #3, and then listen why Rich Dad Advisor, Andy Tanner, thinks #4 is the most important. And make sure you focus on #2 and #6. Andy's viewpoint on those numbers is not what you would expect! When you are listening, you will understand why Andy is such an AMAZING teacher. If you'd like to get some of his FREE training: click here Yes, I want Andy's FREE training! Closed caption, is available on the YouTube Rich Dad channel.

20 Touko 202234min

Congratulations! The market has just turned downwards. Warren Buffett says that in times like these, profit is as easy as shooting fish in a barrel.Our Rich Dad Stock Advisor, Andy Tanner, shares his excitement over the stock markets downward turn and explains how he is planning to profit fromit! If you think Warren Buffett and Andy Tanner might know something, then you better check out this show! In this show, Andy mentions a free webinar called, How to Profit in a Crisis". You can get access to it right here: click hereto get his FREE training. Yes, I want Andy's FREE training! Closed caption, is available on the YouTube Rich Dad channel.

13 Touko 202232min

In this episode, Andy Tanner, will explain how to use stock trading to retire earlier and TWO ways to earn passive income through stock trading and investing. And… if you want to learn Andy's strategy of cash flow investing and making money in any market, click hereto get his FREE training. Yes, I want Andy's FREE training! Closed caption, is available on the YouTube Rich Dad channel.

6 Touko 202228min