122. Bear Market Gameplan for Building Generational Wealth
Alfalfa Podcast
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Is Your Growth Portfolio 100% Invested?
Steven Johnson: I was lamenting to you guys that JP Morgan's private banks supposedly one of the best like Managers of wealth on the planet We had this like very awkward conversation where I was like who the fuck's job is it to manage risk? Is it mine because you never told me that. He says as a practitioner for clients and you want to not get fired by doing sort of status quo, what he suggests is a dramatic shift from what everybody else is doing. "I've argued that once you have lick you earn income you have money in the liquid bucket the next bucket You should do is actually the safety bucket not the growth bucket"
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