The Game with Alex Hormozi My Investment Thesis | Ep 479
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Dec 29, 2022 The discussion kicks off with a look at how the economy's evolution demands new investment strategies. Alex shares why U.S. Treasury bonds can be more advantageous than standard bank accounts. He emphasizes the importance of investing within one's area of expertise to reduce risks. There’s a deep dive into how knowledge and familiarity can enhance returns, especially in focused areas like dental practices. Lastly, Alex outlines a three-phase approach to investing that starts with personal development and leads to more profitable opportunities.
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Cash in a Bank
- Putting cash in a bank is like giving the bank a loan.
- The bank might use your money to buy bonds or lend to others, paying you a small interest rate while profiting from higher rates.
Consider Treasuries
- Consider buying treasuries instead of keeping money in a bank.
- Treasuries offer higher returns and are less risky than banks, especially in current economic conditions.
Treasury Liquidity
- Treasuries are as liquid as bank accounts.
- You can take loans against them or trade them instantly due to high trading volume.