The Game with Alex Hormozi This Is How My Mentor Set Up My Wealth | Ep 362
Jan 11, 2022
Discover the secrets to building wealth as an entrepreneur! Learn how understanding investment risks can lead to smarter decisions. Hear about strategic wealth allocation and key considerations like yield and tax implications. Explore the benefits of leveraging indexes for low-risk, high-return investments. Alex shares invaluable lessons from his journey, emphasizing the importance of a diverse investment strategy. Tune in for insights that could transform your financial future!
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Two Uses of Money
- You have two options with money: buy things or lend it for interest.
- Analyze financial decisions based on this principle.
Mitigating Investment Risk
- Decrease investment risk by prioritizing being top of the capital stack.
- Ensure transparency and liquidity for lower risk.
Investment Evaluation Criteria
- Evaluate investments based on yield, tax advantages, and capital preservation.
- Prioritize return of capital over return on capital to minimize losses.