The Meaningful Money Personal Finance Podcast Cash Flow or Capital Gains?
Today, I'm chatting to Buck Joffrey MD, an investor from the US, and creator of the Wealth Formula Podcast. Buck’s bio says that he believes traditional investing in stocks and shares for capital growth is no longer relevant and that cash flow is everything. That piqued my interest, and so that's the topic of conversation - cash flow or capital gains?
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Cash Flow or Capital Gains?Buck Joffrey has been there and done that. He's amassed an eight figure net worth using the principles he espouses in this conversation. But I have some reservations/clarifications for the UK market, which I cover after the call. In this session, you'll discover:
- The trigger that led Buck to begin investing
- Why Buck thinks investing for capital gains is inferior to investing for cash flow
- Whether or not he thinks there is any case for investing in the traditional way
- Some ways Buck recommends for even those with ordinary incomes to get onto the cash flow bandwagon
- Some likely potholes which might get in the way of success
- Buck's view on debt, and how to use it
Book: Robert Kiyosaki - The Cash Flow Quadrant Podcast: Real Estate Guys Podcast: The Property Podcast Buck Joffrey: Podcast and Website
TranscriptAnd, as always, a full transcript is available by clicking the mahoosive blue button below:
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Question: So what do you think? Cash flow, capital gains, or both?
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