Ritter on Real Estate How to Invest like An Anti-Financial Advisor with Chris Miles
On today’s episode of Ritter on Real Estate, we get together with a very special guest, Chris Miles. Chris is a cash flow expert with an established reputation. His company Money Ripples has helped countless clients achieve fast, quality financial results. In the past ten years, his clients have increased their cash flow by more than 200 million dollars! He positions himself as an anti-financial advisor and is a leading authority in the field and is teaching a growing number of entrepreneurs and professionals how to get their money working for them immediately. He is also an author, podcast host of the Chris Miles Money show and has been featured in US News, CNN, Money, Entrepreneur on Fire. Tuning in you’ll hear how Chris first became interested in real estate after becoming disillusioned with his work as a financial advisor. Chris shares why traditional approaches like investing in a 401K are illogical and why he advocates for alternative investment strategies. Later Chris outlines some of his tips for freeing up cash today and what he has learned from his favorite authors. For all this and more, tune in today!
Key Points From This Episode:
- A bit about Chris’s background and how he first became interested in real estate.
- How Chris became skeptical of financial planners and their strategy for financial freedom.
- Chris explains what led him to become the anti-financial advisor.
- Why traditional financial planning advice does not ensure financial freedom.
- The strategies Chris teaches on how to ensure financial freedom.
- Chris breaks down the options out there for a good return on investment, like multi-family and syndication.
- Chris explains why he advocates looking for alternative investments and avoiding the status quo.
- How financial institutions benefit from their clients investing in a 401K.
- Why investing in a 401K to have a good life when you’re 70 is illogical.
- How creating cash flow increases your income.
- Chris outlines some of his tips for freeing up cash, today.
- Using a program like Mint to track your finances.
- We hear from Chris about his book recommendations.
- How persistence has helped Chris be successful in his financial life.
Links Mentioned in Today’s Episode:
Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins!
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Production by Outlier Audio