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Brandon shares how he afford a $200K Richard Mille watch by investing in the stock market. He discusses the importance of using assets to buy luxuries and shares a strategy of making money with options.
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Quick takeaways
- Invest in assets to generate passive income for financial success.
- Use assets to buy luxuries and achieve financial flexibility.
Deep dives
Using assets to buy more assets
The podcast episode emphasizes the importance of using assets to generate passive income. The host shares his personal experience of using the money from his assets to buy more assets, which allowed him to achieve financial success. He highlights the strategy of investing in the stock market and selling covered calls against his stock portfolio as a means to make money. By continuously reinvesting the returns from his assets, the host eventually achieves a significant milestone of purchasing a luxury item, Richard Mill watch, using the income generated from his assets.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode