Recession Is a Macro Thing

For me, it really is going to be doubling down on my business and growing that. I think when a recession happens, generally speaking as a business owner, that's when talent becomes available. For the average listener, I would say focus on increasing your income more than ever.

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Episode notes

Rebecca Hotsko chats with Jerry Fetta, the Founder and CEO of Wealth DynamX. They talk about how to “become your own bank” and build wealth like the top 1%, his thoughts on how the sacred account differs from traditional forms of saving/investing/borrowing, his investment strategy for 2023, and where he sees the most opportunities, and much, much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:44 - Learn how to “become your own bank” and build wealth like the top 1%.

05:21 - How the sacred account differs from traditional forms of saving/investing/borrowing.

07:35 - When it makes sense to use the sacred account as a savings tool.

16:43 -How this strategy holds up in down markets and particularly in this economic backdrop?

33:58 - Examples of ways Jerry has used this method to invest in 2022.

37:07 - Why Jerry likes secure private lending and seller finance real estate over stock investing.

41:06 - How you can get involved in real estate investing with no prior experience in real estate.

59:37 -What are the major mistakes people make when implementing this strategy?

61:40 - Jerry’s investment strategy for 2023 and where he sees the most opportunities.

And much, much more!

*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 Kyle and the other community members.
Check out Jerry’s free book: The Blueprint to Financial Freedom
Check out: Wealth DynamX.
Check out: The Sacred Account.
Related Episode: Listen to MI229: How to Build Wealth Like the Top 1% w/ Jerry Fetta, or watch the video.

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