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The Financial Samurai Podcast chevron_right

The Two Levels Rich And How To Be Truly Rich

Jun 2, 2022
16:46
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1
Introduction
00:00 • 4min
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2
Investing in an Index Fund Is Like a Tailwind
04:16 • 2min
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3
The Mass Affluent Class
06:30 • 3min
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4
The Power of Compound Returns
09:05 • 2min
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5
How to Spend Your Way to Wealth and Freedom
11:34 • 2min
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6
Index Funds Are Great for Your Public Stock Portfolio
13:51 • 3min
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Most of the personal finance community loves to recommend index funds as a way to get rich. However, the truly rich didn't get rich by investing in index funds. They got rich by taking concentrated bets in individual positions and building businesses. Let's discuss! Posts mentioned: https://www.financialsamurai.com/the-two-levels-of-rich/

https://www.financialsamurai.com/what-is-considered-mass-affluent-definition-based-off-income-net-worth-investable-assets/

https://www.financialsamurai.com/who-makes-a-million-dollars-a-year-exploring-the-top-0-1-income-earners/

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