How to Triple Your Net Worth in 5 Years

21 snips

Aug 20, 2025

Callie Cox, Chief Market Strategist, joins to unpack how to triple your net worth in five years. She shares expert insights on asset allocation and the potential impact of AI on economic stability. The conversation also tackles the complexities of navigating market volatility and the importance of personal financial preparedness. Listeners weigh the pros and cons of paying off debt versus investing, and the episode concludes with thoughts on lump sum investing versus dollar cost averaging.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

ADVICE

Prioritize Saving Over Risky Returns

Focus on increasing savings before chasing extremely high investment returns.
Hit the top end of your savings rate and pursue higher income rather than relying on 30% annual returns.

ADVICE

Consider Acting Sooner, Not Later

Consider moving sooner if your goal depends on lower living costs and adventure.
Don't wait years for a perfect net-worth number to make life changes you can test now.

INSIGHT

Recessions Are Less Frequent Today

Recessions have become less frequent and shorter since the mid-20th century.
That shift changes how markets and policy react but doesn't eliminate recession risk.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

On episode 185 of Ask The Compound, Ben Carlson and Duncan Hill are joined by Chief Market Strategist Callie Cox to discuss asset allocation advice, navigating a financialized economy, what if we don’t get a recession in the foreseeable future, and much more! Submit your Ask The Compound questions to askthecompoundshow@gmail.com!

This episode is sponsored by Public. Find out more at: https://public.com/ATC

Subscribe to The Compound Newsletter for all the latest Compound content, live event announcements, find out who the next TCAF guest is, get updates on the latest merch drops, and more! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thecompoundnews.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

If you're a financial advisor, sign up for advisor-focused content at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.advisorunlock.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

🎥 Watch this episode on YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://youtube.com/live/UzFaz-xQ6cU

Talk with us about your portfolio or financial plan here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://ritholtzwealth.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Public Disclosure:

All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.

Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.

*Rate as of 6/24/25. APY is variable and subject to change.

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Ben Carlson, Duncan Hill and Callie Cox are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠⁠⁠⁠⁠

The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠

Learn more about your ad choices. Visit megaphone.fm/adchoices