Rich Habits Podcast

68: Financial Concepts You Need to Know

Jun 10, 2024
Explore essential financial concepts such as dividend reinvestment, savings rate vs. rate of return, and net income vs. free cash flow. Learn how dividends contribute to investment returns and the benefits of reinvesting them for long-term growth. Understand the importance of focusing on actual cash flow for investing decisions and utilizing tax breaks for company growth. Discover strategies for achieving financial independence through investments, including paying off student loans, setting up emergency funds, and diversifying investments in high yield savings accounts, Roth IRA, passive income ETFs, and cryptocurrency.
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