Classic 20: Our Interview with Tony Robbins
We Study Billionaires - The Investor’s Podcast Network
Unmasking Hidden Fees in Investments
This chapter delves into the concealed costs associated with 401k plans and mutual funds, highlighting the detrimental impact of management fees on investors' returns. It stresses the critical need for financial education and transparency to empower individuals in navigating their investment choices effectively.
IN THIS EPISODE, YOU’LL LEARN:
- 13:13 - Why business and life are all about adding value.
- 25:08 - Why investors in 401(k) plans put up 100% of the capital, take on 100% of the risk, and only 33% of the return.
- 51:26 - Why you should plant your seeds when you have nothing, to gain abundance in business and life.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Tony Robbins’ book, Unshakeable.
- Preston and Stig’s discussion of Tony Robbins’ book, Unshakeable.
- Tony Robbins’ charity, Feeding America.
- Meet Tony Robbins’ at his Unleash The Power Within events.
- Related Episode: Unshakeable byTony Robbins - TIP134.
- Related Episode: Tony Robbins' Book - Money, Master the Game - TIP 018.
- Related Episode: The Life Force Revolution with Tony Robbins - RWH001.
- Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Check out our favorite Apps and Services.
- New to the show? Check out our We Study Billionaires Starter Packs.
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