Wealth Formula by Buck Joffrey

You would think from the vilification of capitalists in recent years that we are nothing but a waste of space on earth. “Pay your fair share capitalist pig!” That’s what you hear these days from popular politicians on the left. Of course, in reality, without us, the government would be broke. What makes America great and what has made the world the place that it is in terms of technology and health care over the last century has entirely to do with the efforts of capitalists. Just think about all of those people walking around with iPhones these days. Was Steve Jobs doing that for free? Now, more people in the world have cellular phones and are connected to one another than any time in history. If you are the Unabomber and hate technology, you might have another view. However, technology has made our lives better and it is because of investments from capitalists like you and me. Now I’m not in the world of Venture Capital myself. If I knew enough to be able to invest intelligently I probably would be. Beyond its potential for huge returns venture drives innovation in our world today. And while most of us are far more interested in owning stable assets such as multi family real estate, it’s good to know the role venture capital in our world today. And who knows, you may be inspired to become a venture capitalist yourself. Listen to this week’s Wealth Formula Podcast episode to learn why Venture Capital is a big deal. Sebastian Mallaby is the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations and a contributing columnist for The Washington Post. An experienced journalist and public speaker, Mallaby contributes to a variety of other publications, including Foreign Affairs, the Atlantic and the Financial Times, where he spent two years as a contributing editor. He is the author of five books, most recently “The Power Law: Venture Capital and the Making of the New Future.” Mallaby’s interests cover a wide variety of domestic and international issues, including central banks, financial markets, the implications of the rise of newly emerging powers, and the intersection of economics and international relations. His book “The Man Who Knew: The Life & Times of Alan Greenspan” won the 2016 Financial Times/McKinsey Business Book of the Year Award and the 2017 George S. Eccles Prize in Economic Writing. His book “More Money Than God: Hedge Funds and the Making of a New Elite” was described by New York Times columnist David Brooks as “superb”; it was the recipient of the 2011 Loeb Prize and a New York Times bestseller. Mallaby’s earlier works are “The World’s Banker,” a portrait of the World Bank under James Wolfensohn that was named as an “Editor’s Choice” by the New York Times; and “After Apartheid,” which was named by the New York Times as a “Notable Book.” An essay in the Financial Times said of “The World’s Banker”: “Mallaby’s book may well be the most hilarious depiction of a big organization and its controversial boss since Michael Lewis’s Liar’s Poker.” Before joining the Council on Foreign Relations, Mallaby was a Washington Post columnist and editorial board member for eight years. Before that, he spent 13 years with The Economist, during which time he worked in London, where he wrote about foreign policy and international finance; in Africa, where he covered Nelson Mandela’s release and the collapse of apartheid; and in Japan, where he covered the breakdown of the country’s political and economic consensus. Between 1997 and 1999, Mallaby was The Economist’s Washington bureau chief and wrote the magazine’s weekly Lexington column on American politics and foreign policy. He is a two-time Pulitzer Prize finalist: once for editorials on Darfur and once for a series on economic inequality. In 2015, he helped to found a startup, InFacts.org, a web publication making the fact-based case for Britain to remain in the European Union. Mallaby was educated at Oxford, graduating in 1986 with a first-class degree in modern history. After 18 years in Washington, D.C., he moved to London in 2014, where he lives with his wife, Zanny Minton Beddoes, editor in chief of The Economist. Shownotes: What is Venture Capital? Groupthink and its effects on Venture Capital investments VCs and Capitalism? Sebastian’s book: The Power Law

Money has taken on many forms throughout history. In the last couple of centuries gold has been the dominant form of money recognized globally. In 1912 J.P. Morgan himself said, “Money is gold, and nothing else”. Yet the relevance of gold has really come into question since Nixon took the dollar off the gold standard in 1971. That move has been vilified by Austrian economists and others who treasure the concept of sound money. The revolution that started in 1971 changed the global economy from one based on gold to one based on credit. That sounds like anathema doesn’t it? Well…maybe a credit-based economy is not so bad. After all, it could be argued that the uncoupling of gold and the US dollar resulted in the most rapid growth in global wealth over the last 50 years than ever before in history. It could be argued that “creditism” resulted in fewer people in poverty around the world and even the fall of the Soviet Union. If that’s the case, is credit and debt so bad? Richard Duncan doesn’t think so. In fact, he’s written a new book that suggests that we should lean into our debt with investments that will bring us to the next level of a civilized society. Curious? Make sure to tune into this week’s episode of Wealth Formula Podcast! Richard Duncan is the author of four books analyzing the causes and the effects of the economic crises that have brought the global economy to the brink of collapse during recent decades. The Dollar Crisis: Causes, Consequences, Cures (John Wiley & Sons, 2003, updated 2005), predicted the global economic disaster that began in 2008 with extraordinary accuracy. It was an international bestseller. The Corruption of Capitalism: A strategy to re-balance the global economy and restore sustainable growth (CLSA Books, 2009) described the long series of US policy mistakes responsible for the Crisis of 2008. The New Depression: The Breakdown Of The Paper Money Economy (John Wiley & Sons, 2012) introduced an important new analytical framework, The Quantity Theory of Credit, that explained all aspects of the global economic crisis that began in 2008: its causes, the rationale for the government’s policy response to the crisis, and likely future developments. His latest book is The Money Revolution: How to Finance the Next American Century (John Wiley & Sons, 2022). The first two parts of the book describe the evolution of Money and Credit over the last century. These include a detailed history of the Federal Reserve since its establishment in 1913 and a discussion of the transformation of our economic system from Capitalism to Creditism during the five decades since Dollars ceased to be backed by Gold. Parts One and Two show that a “Money Revolution” has occurred and fundamentally altered the way the global economy functions. Part Three demonstrates that this Money Revolution opens up unprecedented opportunities for the United States to radically accelerate economic growth, enhance human wellbeing and strengthen US national security by investing aggressively in the Industries and Technologies of the Future. Since beginning his career as an equities analyst in Hong Kong in 1986, Richard has served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis. Richard currently publishes Macro Watch, the bi-monthly video newsletter he founded in 2013. Richard has appeared frequently on CNBC, CNN, BBC and Bloomberg Television, as well as on BBC World Service Radio. He has published articles in The Financial Times, The Far East Economic Review, FinanceAsia and CFO Asia. He is also a well-known speaker whose audiences have included The World Economic Forum’s East Asia Economic Summit in Singapore, The EuroFinance Conference in Copenhagen, The Chief Financial Officers’ Roundtable in Shanghai, and The World Knowledge Forum in Seoul. Richard studied literature and economics at Vanderbilt University (1983) and international finance at Babson College (1986); and, between the two, spent a year traveling around the world as a backpacker. Shownotes: The shift to a Credit-based economy in the United States How has the shift to “Creditism” affected the United States and the rest of the world? Remedies for some of the issues that the US is facing right now Macrowatch The Money Revolution: How to Finance the Next American Century

I write this on the “Ides of March” one day before the Federal Reserve meets to discuss the economy and its plans for the near future. The 900-pound gorilla in the room is inflation although the war in Ukraine may be a mitigating factor for the impending hawkish moves anticipated. By the time this post is published and podcast recorded, you’ll already know what happened at that meeting. Let me guess…an increase in the discount rate by 25 basis points? Well, that’s what has baked into the markets and what will dictate any further market movements is discussion of further rate hikes and disposition of the Fed’s bond portfolio. Ok, so now what do you do? Should you panic and stop investing? Well, that’s the knee-jerk response right? But remember, why are rates going up in the first place? Yes…inflation. And what happens to the money in your bank account during inflation? It loses value. So, keeping yourself in cash right now is pretty much a guaranteed way to lose money. In order for you to break even, you have to be keeping up with inflation at least! What am I doing? I’m still investing my money in assets hedged for inflation. The good news is that I don’t have to change my investment strategy at all because multifamily real estate is a great hedge against inflation. “But Buck”, you ask, “won’t cap rates go up with interest rates?” Typically that’s true although it’s not necessarily a linear relationship. Furthermore, ask yourself once again why mortgage rates would go up? Yes…inflation. And yes…inflation means increasing rents as well. In other words, increasing rates is hedged by increasing rents. Now to be clear, I’m not saying we have nothing to worry about. There is a Chinese curse that says, “May you live in interesting times.” Like it or not, we live in interesting times with plenty of danger and uncertainty. All we can do is be rational and disciplined with how we allocate our money. How we allocate money may not be the same for everyone in the world right now either. If I was in Russia I’d try to buy as much bitcoin as possible to get out of the Ruble in a hurry. But in the US, the more reliable hedge might still be good old-fashioned multifamily real estate. It’s a complicated topic and worth discussing further with experts on investing trends and that is exactly what we will do on this week’s Wealth Formula Podcast with my guest David Sacco! P.S. DO NOT miss our upcoming meetup in Phoenix. Mark April 22nd and 23rd on your calendar and CLICK HERE to register ASAP. Only a few spots remain! David Sacco is a Practitioner in Residence in the Finance program and serves as a full-time instructor in the Finance, Economics, Management and Entrepreneurship programs. Mr. Sacco joined the Pompea College of Business faculty in 2018. He holds both a BS and an MBA, in finance, from New York University. Mr. Sacco spent 25 years in the institutional fixed income business. He began his career at The Chase Manhattan Bank in interest rate swaps in 1985 and moved to UBS in 1986. Before leaving UBS in 2009, he traded a variety of fixed income products and derivatives and rose to the level of Managing Director and global head of Rates. He was also a member of the UBS Investment Bank Board. In addition to teaching, Mr. Sacco is involved in several extracurricular organizations at the Pompea College of Business including the Investment Club and Liberty Initiative. Mr. Sacco also has an active consulting business for and invests in start-ups and small businesses. Shownotes: What are the Fed’s best options to combat inflation right now? Is it possible to eliminate inflation without triggering a recession? How can inflation affect the commercial real estate market Dogecoin

Americans have always enjoyed the advantage of geographic isolation from much of the Western World. It has allowed us, in many ways, to look at many of the world’s conflicts from a relatively disinterested distance. Who knows if we would have gotten involved at all in World War 2 if not for the bombing of Pearl Harbor. Nevertheless, the implications of major conflicts like the one currently happening in Ukraine eventually find their way to our shores. And more often than not they do so most noticeably at the level of our pocketbooks. Make no mistake, the Russian invasion of Ukraine will affect you. Unless you drive a Tesla you’re seeing it at the gas station now. But there are more subtle and long-term implications of this war that will continue to shape the global economy. To better understand how, this week’s Wealth Formula Podcast episode features a conversation with an economist who was named one of the 100 most important public intellectuals in the world by Foreign Policy Magazine. Make sure to listen now and understand how Putin’s war may affect you. Barry Julian Eichengreen (born 1952) is an American economist who holds the title of George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. Eichengreen currently serves as a Research Associate at the National Bureau of Economic Research and as a Research Fellow at the Centre for Economic Policy Research. Shownotes: How does the war in Ukraine affect our local economy? How will the conflict in Ukraine end? In Defense of Public Debt Modern monetary theory https://eml.berkeley.edu/~eichengr/

In June of 2008, I graduated from my surgical residency program, got married and discovered Robert Kiyosaki. 14 years later, I’m no longer a practicing surgeon nor am I married anymore. However, the impact of Robert’s books defined the course of my life. It’s really extraordinary when I think about how a single book that I stumbled upon in a dingy Mexican airport could have just profound implications for me. On the other hand, most of us can define a moment in time that changed it all. That could be meeting a person, going somewhere or, in my case, reading a book. These transitional experiences feel like being hit with lightning. I call my Kiyosaki transformation as taking the purple pill. Many of you have had similar experiences with his books. In this episode of Wealth Formula Podcast, I ask Robert Kiyosaki to talk about the defining experiences of his life that shaped his worldview and the course of his life. Listen HERE! Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes the world needs more entrepreneurs who will create jobs. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education. Robert has been heralded as a visionary who has a gift for simplifying complex concepts—ideas related to money, investing, finance, and economics—and has shared his personal journey to financial freedom in ways that resonate with audiences of all ages and backgrounds. His point of view is that the “old advice”—go to school, get a job, save money, get out of debt, invest for the long term, and diversify—has become obsolete advice in today’s fast-paced ever-changing world. His Rich Dad philosophies and messages challenge the status quo and his teachings encourage people to take initiative to become financially educated and financially free. Robert grew up in the small town of Hilo, Hawaii. He went to college at Kings Point Merchant Marine Academy in New York state. Upon graduation, Robert turned down a well-paying job with Standard Oil and chose to enlist in the Marine Corps as a helicopter pilot at the time of the Vietnam War. After his service in the military, Robert went to work for the Xerox Corporation. His Rich Dad told him that the key to any successful business is sales. Robert rose to the #1 salesperson at Xerox. From there his entrepreneurial spirit kicked in. He created the company Rippers, along with his brother. Rippers was the first company ever to bring to market the nylon and Velcro “surfer” wallet. During this time Robert met and studied with R. Buckminster Fuller; a futurist, visionary, inventor, architect and humanitarian. Bucky, as he was called, had an immense impact on Robert and as a result Robert set out to make a positive difference as an educator of entrepreneurship and money. In 1996 Robert and his wife, Kim, created and launched the CASHFLOW board game to teach people about money and investing in a fun and entertaining way. In 1997 Robert wrote Rich Dad Poor Dad, and they founded The Rich Dad Company. Today the book and the board game are more popular and relevant than ever before. Robert is the author of 27 books, including two books with Donald Trump, prior to him becoming President of the United States. Robert has been a featured guest with media outlets in every corner of the world. He is the host of the Rich Dad Radio Show podcast, a world-renowned speaker, and life-long student. Shownotes: Russia and the invasion of Ukraine How do we fight back if the majority of the country starts feeling like it’s owed something? What’s the next step if communism is here? Robert’s latest book: Capitalist Manifesto

Distributed ledger technology is revolutionary and creates some problems for the old guard—specifically banks and the traditional financial markets. The young guns creating all of this technology are really shaking things up. But you can bet that the traditional guys who have been making millions of dollars off the old system aren’t giving up easily. The old guard also has something else on their side—the financial regulatory system. You see, decentralized finance (AKA DeFi) is very appealing but it’s not always terribly legal. Case in point, frequently individuals who own cryptocurrency are making swaps for other tokens on these platforms and no one knows about it. In fact, it is virtually impossible for an agency like the IRS to track these trades. And, many people have millions of dollars stashed in this underbelly of the decentralized economy. I wouldn’t recommend living like that myself. Why? Well, I would just say that it’s best not to bet against regulators and the US government in the long term. You risk going to jail. Nevertheless, DeFi and related technologies do offer so many advantages to consumers in the way of efficient transactions that are quick and inexpensive. In fact, I would argue that when technology this powerful comes down the pipe, it eventually prevails one way or another. But, practically speaking, how is that going to look? That’s a good question. We really are in the early days of DeFi and distributed ledger technology in general. My guest on this week’s Wealth Formula Podcast, Brian Hartzer, comes very much from the traditional financial system holding positions as a top executive at some of the largest banks in the world. Yet, he sees the disruption coming and believes he knows where technology will meet traditional finance and regulators straight on. It’s a fascinating area to watch evolve as it is happening very quickly. Make sure you tune in to the show! Brian Hartzer is an experienced executive, leadership mentor and investor who served as CEO of the Westpac Banking Group from 2015 to 2019. Prior to his time as Westpac’s CEO, Brian spent 15 years in senior executive roles at major banks in Australia and the UK. These roles included CEO at Westpac and divisional chief executive roles at the Royal Bank of Scotland Group and ANZ Banking Group. He has also served as Chairman of the Australian Banking Association and of the Retail Banking Committee of the British Bankers Association. Prior to joining ANZ, Brian spent ten years as a financial services strategy consultant at First Manhattan Consulting Group in New York, Melbourne and San Francisco. Outside of banking, he is a senior advisor to Quantium, a Sydney-based Data Science company, and an investor and leadership mentor to a number of Sydney-based startups. He also serves as Chairman of the Australian Museum Foundation Trust as well as a Trustee of the Australian Museum. He has previously served as Chairman of Save the Children Australia, Director of the Financial Markets Foundation for Children and Chair of the Business Advisory Committee of the Australian National University. He graduated with a degree in European History from Princeton University and is a Chartered Financial Analyst. Brian holds dual US and Australian citizenship and lives in Sydney, Australia. Shownotes: Decentralized Finance What is Beforepay? The Leadership Star

Disruptive technology always creates casualties. I still remember a few years ago walking in a city with my oldest daughter who was about five or six at the time. We passed an old phone booth and she asked, “Daddy what’s that?”. Think of all the technological dinosaurs that have been forgotten in your lifetime. Records and compact discs? Typewriters? The Yellow Pages? Technological innovation is so powerful that it frequently overwhelms even corporate interests. Kodak was not very successful in blocking the digital camera, was it? In fact, it paid the price for not innovating itself. Could that happen to the New York Stock exchange and the mighty brokers and custodians that profit from it? Could distributed ledger technology disrupt the equity markets and turn our financial institutions into dinosaurs? My guest on this week’s episode of Wealth Formula Podcast thinks that some form of re-organization in the way cryptocurrency and equities are held and traded is inevitable and his company is at the forefront of that evolution. Listen HERE Mr. Douglas Borthwick is our Chief Business Officer. Mr. Borthwick has over 25 years of experience in the finance industry, most recently founding and building the Chapdelaine FX electronic and voice trading business for inter-dealer broker TP-ICAP from 2012 to September 2018. Mr. Borthwick held various roles with Morgan Stanley from 1996 through 2005; managing foreign exchange derivatives trading groups in New York and London, with a strong focus on emerging markets. He then ran the strategic trading desk at Merrill Lynch from 2005 to 2006, and the Latin American FX trading business at Standard Chartered from 2006 to 2009. In 2010, Mr. Borthwick managed trading and research areas for startup foreign exchange agency, Faros Trading, a company that was later sold to FXCM in 2013. Mr. Borthwick holds a bachelors of science in Economics from Carnegie Mellon University and an MBA from Yale University’s School of Management. Shownotes: What is INX? Will governments crack down on digital currency in the future? The BNB Coin Will all assets eventually migrate onto a digital platform?

If you were an alien from another planet visiting who got stuck on earth and had to figure out how to get by you would quickly realize that you would need some money. This would probably lead you to a job which would not be difficult given your extraordinary intelligence. In fact, it might land you a high-paying technical gig with Google or Facebook. You might enjoy the work at first but the long hours and stale routine might start getting on your nerves. You might realize that the only eventual way out of the rat race would be to figure out how to put all that extra money from your paycheck to work for you by investing it. Now here’s the question. If you were an alien from outer space, would your immediate thought be to hire an investment advisor to invest your cash in a balanced portfolio of stocks bonds and mutual funds? Probably not. As a highly intelligent life form you would quickly realize that this would not be the most efficient way to grow your wealth. Unadulterated by conventional wisdom, your attention would likely target tax advantaged real estate and other sources of income. The point I’m making here is that it might not be a bad idea to question conventional wisdom once in a while. Unfortunately, conventional wisdom is often tainted by special interests or, sometimes, just plain wrong (ie. The world is not flat). Approaching personal finance, entrepreneurship and even the way you live your life with a fresh perspective every day without fear of violating societal norms is a very healthy and potentially lucrative way to live. Take it from a guy who left a high-paying surgical gig to become an entrepreneur. In fact, my guest on Wealth Formula Podcast this week believes that a fresh look at your surroundings might even turn you into a flaming entrepreneur. Listen to what he has to say in this week’s Wealth Formula Podcast! Michael Wade helps individuals and organizations respond to the opportunities and threats of digital disruption.Michael Wade is a Professor of Innovation and Strategy at IMD and directs IMD’s Global Center for Digital Business Transformation. He has published works on topics such as digital business transformation, innovation, strategy, and digital leadership, including ten books and more than a hundred case studies and articles. Michael has been named one of the top ten digital thought leaders in Switzerland several times, most recently in 2020, and appears frequently in mainstream media. He obtained Honours BA, MBA and PhD degrees from the Richard Ivey School of Business, University of Western Ontario, Canada. Previously, Michael was the Academic Director of the Kellogg-Schulich Executive MBA Program and has been nominated for teaching awards in MBA, International MBA, and Executive MBA programs. At IMD, Michael directs a number of executive programs related to digital transformation, including Digital Execution, Digital Transformation for Boards, and Digital Disruption. He also founded and directs Europe’s first and largest program for executives on digital, Leading Digital Business Transformation. Michael also directs several custom programs related to strategy and digital business transformation for hundreds of organizations. He provides consulting services, executive education, and expert evaluations to several public and private sector organizations on strategy and digital transformation and sits on a number of corporate boards as an advisor on digitization and business model disruption. Since early 2021, Michael has been working on his new podcast Management under the Microscope where he unpacks business myths through conversations with various experts and business professionals. Shownotes: Is entrepreneurship a learned behavior? How does an entrepreneur recognize new opportunities? Frear of Failure ALIEN Thinking: The Unconventional Path to Breakthrough Ideas

I still remember listening to the Peter Schiff podcast seven years ago when I lived in Chicago. I was at the tail end of my Austrian Economic phase and so I believed in everything Peter had to say. One day I was sitting there at my computer listening to him make fun of something called bitcoin which was making some waves at the time. The way he made it sound made bitcoin seem like a completely ridiculous concept. So, I didn’t take it seriously. Even when I heard others speak of it favorably, I just ignored them as financially unsophisticated. By 2017 I figure out that I was the one who didn’t have a clue. Now don’t get me wrong, I think Peter Schiff is a very smart guy and I don’t blame him for sticking to his guns on something he truly believes. Peter still thinks bitcoin is going to zero! The mistake made was mine. There was a buzz about this bitcoin thing that was selling for about $300 (now $37,000). I just didn’t take the time to learn about it. In fact, if I had been more open to it, I would have noticed that a lot of very smart people were making calculated bets in this area. But I wasn’t paying attention. That was a mistake. Now, I’ve made mistakes as an investor before and I will again. But I won’t let a mistake go by without taking a lesson or two away from it. One of those lessons is simple: pay attention when people get excited about stuff and when there is a buzz about something new. Right now, that buzz is about non-fungible tokens (NFTs). This is an area related to distributed ledgers and cryptocurrency. Many are calling the NFT and metaverse technology the next horizon in cryptocurrency and it really is in its infancy. If you don’t get it. You aren’t alone. This is an unusual area that is somewhat difficult to understand for some of us. But that’s the reason you should be paying attention. After all, for those of you now sold on bitcoin, there was a time when you didn’t understand it either. There is real potential here to make money. I’m certainly no expert in the field so I found one who could explain what this world is all about on this week’s episode of Wealth Formula Podcast. Listen HERE As someone who has founded, built, managed and sold a successful internet company, Matt Fortnow has been in the tech startup trenches. In 1996, he co-founded Commissioner.com, the internet’s first fantasy sports service. In 1999, he and his partners sold the company to CBS SportsLine (currently CBS Sports), which still runs their products today. Previously, as an entertainment lawyer, Matt co-authored the 7th Edition of This Business of Music, the bible of the music industry. He’s represented a variety of musical artists, songwriters, producers and record labels, appeared as a regular featured copyright expert on TV and lectured internationally. Since the sale of Commissioner.com, Matt has been consulting entrepreneurs and been involved in various startups as an investor or advisor. Six years ago he dove into the world of blockchain and has become increasingly enamored by digital art and non-fungible tokens, creating the official NFTs for iconic brands such as The Three Stooges. Shownotes: What are NFTs? What is Metaverse and how popular is it already? The different protocols NFTs are built on Does NFT trading have any negative impact on traditional collectible markets?

People listening to the show for the first time often feel a little overwhelmed by the basic terminology and concepts that we use as the basis of our conversations. We throw words like bonus depreciation and cost segregation analysis around like everyone knows what we are talking about. The Ask Buck shows that we have a great place to build the framework for understanding the Wealth Formula alternative personal investing ethos. This week is no different as we continue to talk about depreciation, tax mitigation strategies, NFTs and more.  Do me a favor though. If you haven’t listened to last week’s podcast, start with that one. This week’s episode assumes some knowledge that we went into pretty deeply during last week’s episode #300. Also, if you like these kinds of discussions, you might be interested in Wealth Formula Network—our private community. Go to WealthformulaRoadmap.com to sign up. In short, this page is where you go in order to sign up for our course. But the course just provides a foundation to maximize our discussions which happen over our Facebook page and over our biweekly live Zoom conference calls.  If you want to get deeper into this personal finance stuff and your spouse and friends have no interest in it, this is the perfect outlet for you! In the meantime, listen to this week’s episode of Ask Buck HERE.