S3E53: How The Rich Create Money From NOTHING (And You Can Too)

S3E53: How The Rich Create Money From NOTHING (And You Can Too)

🎯 Ready to take control of your financial future? Visit https://bit.ly/3JsRdmj for access to FREE investing tools, including Andy's "Power of 6" ebook.

In this episode of Rich Dad's StockCast, we explore the idea from Rich Dad Poor Dad that the rich invent money. Many people are not taught how wealth is created. This conversation helps break down the steps in a simple and practical way.

Host Del Denney is joined by Rich Dad wealth expert Andy Tanner to explain how knowledge, creativity, and action can lead to building wealth. They share how people can create assets, generate income, and take control of their financial future using proven strategies.

Andy shares real examples from his own experience, including how he uses the stock market to produce income. He also explains how financial education helps people make better decisions and avoid common mistakes.

If you have ever wondered how to start investing, grow your wealth, or understand the lessons from Rich Dad Poor Dad at a deeper level, this episode is a helpful resource.
You will also learn about free investing tools that can help you apply these lessons right away.

00:00 Introduction
03:04 Understanding 'The Rich Invent Money'
05:45 Generalized Principles of Creating Money
08:39 Real-World Examples of Money Creation
12:59 The Role of Creativity and Knowledge in Wealth Creation
15:45 The Importance of Serving More People
19:30 The Downside of Traditional Wealth Creation
20:16 A Better Way to Create Wealth
22:40 The Importance of Financial Education
24:43 Creating Assets and Cash Flow
26:18 Leveraging Assets for Infinite Returns
28:27 The Power of Wall Street and 401ks
33:08 Practical Steps to Start Inventing Money
35:57 Conclusion and Final Thoughts

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S3E10: How to Time the Market for Success

S3E10: How to Time the Market for Success

In this episode, Del Denney and Andy Tanner dive into the complexities of market timing—a crucial skill for maximizing profits and minimizing losses in today's volatile market. Whether you're an experienced investor or just starting out, this episode offers valuable insights to sharpen your investing strategies and enhance your financial education. The Importance of Market Timing Market timing is often regarded as one of the most challenging aspects of investing. While many investors dream of buying at the bottom and selling at the peak, the reality is that predicting market movements is incredibly difficult. Andy Tanner emphasizes that successful market timing is less about prediction and more about reaction—adjusting your strategies when things don't go as planned. This episode sheds light on the critical elements that make market timing a viable strategy for investors. The Hybrid Approach to Market Timing Andy introduces his hybrid approach to market timing, which combines both fundamental and technical analysis. This balanced method helps investors navigate market cycles and economic indicators without getting overwhelmed by the market's unpredictability. Fundamental Analysis: Focuses on understanding a company's intrinsic value, business model, management, and financial health. Tanner stresses that as long as you find value in your investment, market highs or lows become less significant. Technical Analysis: Involves studying market data like price and volume to predict future movements. Tanner explains that technical indicators are tools for understanding market sentiment and trader behavior, rather than crystal balls predicting the future. Implementing Market Timing: Practical Steps Andy provides practical advice on how to implement market timing effectively: Key Numbers to Track: Focus on five critical numbers—Entry Point, Exit Point at a Loss, Exit Point at a Gain, Risk Level, and Reward Level. Managing these numbers helps create a robust strategy that minimizes losses and maximizes gains. The Role of Options: Options trading is crucial for market timing, offering both guaranteed outcomes and choices. Understanding expiration dates and potential price ranges can greatly enhance your strategy. Daily Disciplines for Investors: Tanner recommends four daily disciplines for successful investing: Learn something new every week to keep up with market changes. Stay vigilant by regularly monitoring your investments. Review your investments to understand what worked and what didn't. Purchase assets regularly to build a diversified portfolio. Get Andy Tanner's FREE Training: https://bit.ly/3JsRdmj

26 Aug 202432min

S2E9: Is Warren Buffett Wrong About Diversification?

S2E9: Is Warren Buffett Wrong About Diversification?

In this episode, we tackle the controversial topic of diversification, often seen as the golden rule of investing. Rich Dad expert, Andy Tanner, joins us to discuss why educated investors might want to rethink this conventional wisdom. Dive into how legends like Warren Buffett and the late Jim Simons approached investment strategies without relying on diversification. Learn why focused investing, based on fundamental analysis, can be your path to financial success. Get FREE Training with Andy Tanner: https://bit.ly/3JsRdmj

19 Aug 202432min

S2E8: Retirement Catch-Up Plan

S2E8: Retirement Catch-Up Plan

In this episode of Rich Dad's Stockcast, host Del Denney and financial education expert Andy Tanner discuss the critical issue of catching up on retirement savings. They emphasize the importance of leveraging financial education, understanding the economy, inflation, and the state of retirement accounts today. Andy shares insights from his updated book, '401 Chaos,' and breaks down the key principles of compounding and leveraging for financial growth. They also talk about strategic investment, real estate, and the role of leverage in boosting financial wellbeing. Tune in to learn actionable steps to secure your future quickly and effectively. FREE Training with Andy Tanner: https://bit.ly/3JsRdmj

12 Aug 202434min

S3E7: How to Build a Cashflow Machine

S3E7: How to Build a Cashflow Machine

Learn how to build a 'monthly cashflow machine' by identifying undervalued assets and understanding key financial metrics. The discussion covers key principles of value investing, such as identifying low-priced assets with high value, comparing stocks, and understanding financial statements. Tanner shares insights on why this strategy is preferable to other investment approaches, addresses common misconceptions, and provides steps to create a sustainable cashflow machine through value investments. The episode emphasizes the importance of financial education and highlights the potential for finding bargains during market distress. FREE Training with Andy Tanner: https://bit.ly/3JsRdmj

5 Aug 202433min

S3E6: 5 Ways to Profit from a Market Crash

S3E6: 5 Ways to Profit from a Market Crash

In this episode of Rich Dad's Stockcast, host Del Denney and expert Andy Tanner explore five effective strategies to profit from a market crash. They discuss Delta hedging, protective puts, selling puts in a crash, identifying value stocks, and the risks of taking short positions. The episode also touches on the importance of financial education, risk management, and precautions against scams. Tune in to learn how to navigate the complexities of market downturns and come out ahead.

29 Juli 202437min

S3E5: How AI Will Impact Your Investment Strategy

S3E5: How AI Will Impact Your Investment Strategy

In this episode, host Del Denney and Rich Dad Wealth Expert Andy Tanner explore the rise of artificial intelligence in investment strategies. Del and Andy discuss how AI is transforming trading, the limitations and potential of AI-driven tools, and the importance of solid financial education. They also address future trends, regulations, and how investors can leverage AI by owning technology stocks. Tune in to gain valuable insights on navigating AI in the investment world. FREE Training with Andy Tanner: https://bit.ly/3JsRdmj

23 Juli 202437min

S3E4: Preparing Your Investments for Economic Turbulence

S3E4: Preparing Your Investments for Economic Turbulence

In this urgent episode of Rich Dad Stockcast, join host Del Denney and Rich Dad expert Andy Tanner as they discuss preparing your investments for imminent economic turbulence. Andy shares valuable insights on market indicators, defensive strategies, and the importance of cash and vigilance. Don't miss this comprehensive guide to safeguarding your financial future. Visit stockcastbonus.com for free investment resources and stay informed!

15 Juli 202431min

S3E3: How the Federal Reserve Controls the Economy, Including Your Job!

S3E3: How the Federal Reserve Controls the Economy, Including Your Job!

In this episode of Rich Dad's StockCast, host Del Denney and expert Andy Tanner discuss the critical topic of how the Federeal Reserve controls the economy, and affects the labor market. They dive into the ramifications of falling job numbers, what this means for the Federal Reserve, and how it impacts your investments. Learn about the significant influence of macroeconomic factors, unemployment trends, and the potential risks and opportunities arising from these economic conditions. Stay informed and boost your financial knowledge with insightful analysis and expert advice.

8 Juli 202430min

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