Financial Investing Radio

There was a skit one time on Saturday Night Live, many years ago, where they had the "Change Bank". The bank would you give you the exact change for your currency. So if you brought in a $20 they would give you two $10s and so on. Their gig was that they would make money on volume. The real objective to accumulating money is to get it to work for you...so you can use it and your time to benefit others. I saw a recent video from Grant Cardone where he was talking about allocating 40% of your money for savings. Most people you hear talk about saving 10%, but he was advocating 40%. What I liked about his comments is that he demonstrated a discipline with his money to achieve a higher objective. https://www.youtube.com/watch?v=Iq4qASI1Fok But he started first with having a goal to work toward; which gave purpose to the effort of managing the money. When you get to a point where you can invest in something; it becomes critical to be able to make a correct choice. It is critical to have a list of items you look for

Recently I interacted with someone who had created an ICO (Initial Coin Offering) in the crypto-currency world. It is fascinating to see these digital currencies come to life with communities of interest that surround them. However, there are times when I think to myself, "Would I really put my capital to work in one of these startup instruments?" To do so we each need to think long and hard about each opportunity and the allocation of risk in our portfolio. Perhaps you have a diversified investment strategy where there is a sliver of funds allocated for a higher risk investment. I certainly won't suggest to do it or not do it. Each of us have to make our choices. But as I reviewed my own portfolio I thought; it would be great to have an alternative that was in a regulated market but was impacted or correlated to crypto currencies. There are many companies out there today who are investing in the crypto world in one way or another. The stocks for some of those companies are traded on the NYSE or NASDAQ or oth

Liquidity on the crypto-currencies is a challenge at times; and while the feds work out their regulatory magic there are still opportunities to trade these currencies using key trade signals. But before we get to that...what on earth does fear have to do with Bitcoin? Well it comes down to correlations. Some people are looking for correlations with Bitcoin. In other cases I have seen proposed correlations with the VIX. As you may or may not know, the VIX is an indication of the anticipated fear in the stock market. In general as the VIX goes up in value then the general market typically goes down. There's a whole other discussion on whether the VIX is trustworthy. But for our purposes here we are looking at Bitcoin and VIX. And some have proposed that as the VIX goes up, Bitcoin goes down. Interesting. In some cases I have seen proposed correlations to the Dow Jones Index. And still others have proposed correlations with other currencies such as the Dollar EFT UUP. I've even seen some people propose correlati

Over the years I have seen long term investors, day traders, and everyone in between make money, and lose money. What are the key elements that separate the winners and those that take a loss? Before I get to the list of 5 (kind of sounds like the Magnificent 7)...we must first have this NON-NEGOTIABLE list of 3. 1. Discipline 2. The Ability to Take a Loss 3. Mindset In fact, with out these first three, you should not be investing or trading. Get some mentoring on these before you get into the technical details. 1. Discipline This is crucial...it requires an investing plan with a set of rules and the discipline to invest or trade the plan. But this is generally where human weakness or emotion enters and despite all the good intentions of a plan; it falls to the wayside. 2. The Ability to Take a Loss This one is closely related to Discipline. But, because it is so important I have separated it. It is the hurdle to cross when you are working so hard to protect your capital that it results in taking bad losses.

Starting with what you have right now is a common theme of those who have built their financial foundation. I recently read the One Minute Millionaire where he lists what he calls "Aha"s. An "aha" is an epiphany of truth that applies to building your financial foundation. Where we may think the answer is "Give ME the MONEY FIRST"...it turns out, that what we have right now is sufficient to get started on our journey. There are three steps: 1. Build Your Financial Foundation 2. Grow Your Wealth Strategy Awareness 3. Apply Wealth Strategies I heard a talk recently on setting goals and what I liked about it is how it cascades down from top to bottom. After I thought through it I built a spreadsheet that connects 1 year goals to Quarterly goals, down to monthly goals and into weekly execution. The goals at each level are organized with the One Minute Millionaire. True wealth is a balance of physical, spiritual, relationships, money, service to others, and other factors. Body (Your physical goals): Brain (Your int

Applying some technical analysis to Bitcoin looking for a great entry point with high probability. With a 86% retracement since the high in December 2017 we see Bitcoin below its 200 moving average. The thing to watch is the rising momentum. Will Bitcoin support in the 6000 area hold and will it rise above its 200 moving average?

Achieving our aspirations to give, to help others, and to bring joy into other people's lives is a critical objective for us. When we are able to positively influence others in our community and in our lives we experience a joy and peace that is tangible. Growing our financial footing can increase the reach of our influence and ability to help others. Often the route we go looks something like this: 1. Financially sufficient 2. Financially free 3. Community & Generational impact (the need to give) a. we have an innate desire to give, to be of value and to impact other people's lives Financial Sufficient - we may have developed sufficient skills to provide for ourselves and those around us - often we feel the need to increase our financial foundation with a desire to increase the reach of those we'd like to serve - a critical characteristic to have at this stage is the ability to feel gratitude for what we do have Financially Free - achieving this level of financial position removes the need to worry about

Noah Davidson shares his back story of learning about trading and investing. After two initial failed attempts he learned the secrets of making good trading and investing decisions. Twenty years later he is an accomplished educator and successful trader of many instruments. Noah shares the patterns he has observed of good and bad trading and investment behaviors.

It is my privilege to interview another expert in his field. It all started with Halloween candy many years ago. Kenny would organize the candy into piles and then set aside piles for eating and other piles were meant for longer term use. We first noticed it when Kenny was eating Halloween candy at Christmas time. Later, we noticed he was eating Halloween candy during school spring break. This all came to a head when we realized Kenny had stored some of his Halloween candy for an entire year! From here Kenny built on his skills and used it with saving money. When Kenny got to college he budgeted savings every month, even on a tight budget. I asked Kenny: What are the hardest things to overcome when having a strong saving plan? - the ability to not spend - the ability to stick with the budget - when to know to pull from savings What is the benefit of having savings - peace of mind - security Why save? - to have the resources start working for you, to invest Thanks for joining us, and until next time...start s

I read an article not long ago where regarding an author, Steve Siebold on his book "How Rich People Think". Now you may or may not agree with the summary of this material; but there are some interesting insights. Here are just a few of the items he listed: Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil. - I tend to think it is more the LOVE of money, not just money itself, is the root of all evil Average people think selfishness is a vice. Rich people think selfishness is a virtue. - If I understand it right the logic here is like the air bags on an airplane, take care of yourself 1st then you can help others. There is something powerful about Self Reliance. Average people have a lottery mentality. Rich people have an action mentality. - This is a critical, you must be willing to move and act. Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge. - Education is super critical, the m

One night about 3 years ago we were taking some young men on a camping trip. We loaded our backpacks into some canoes, and the sun had just gone down, it was pitch black, there was no moon. We had to get across a lake and back into a canyon to our camp spot. On the other side of the lake, near the mouth of the canyon was one red light. It was the only way to visualize where we needed to go. As we worked our way across the lake in the dark we continually monitored our direction by keeping our eyes on that one red light. For any kind of investing we are doing we need that same kind of clarity as to our goals. Financial goal-setting is the key to building wealth. Studies have shown that, at every income level, people who set goals and are “planners” are more successful financially, and feel better about their financial situation, than those who do not plan ahead. Financial goals are like the itinerary receipt for a plane trip. They tell you where you want to be in the future, how much the “trip” costs, and an es

Chimene came through a journey of selling a few remaining assets she had to get money to pay for some education to learn about real estate. In this episode she shares some secrets about finding great mobile opportunities and the system she has developed to help others achieve the same results. She also shares a passive investment strategy she has where people achieve 12% - 15% ROI.

Looking at the longer-term trends and the sentiment analysis of recent trends are hallmark attributes of Boron Capital's investment strategy. Zach unfolds how they seek PROTECTION 1st and PRODUCTION 2nd. He also weathers a blistering storm of objections and describes what potential investors can do TODAY to reach their ultimate INVESTING GOALS!!

Michael Kalisperas takes us on a journey from his BBC digital media profession to a challenging trial with the health and welfare of his son. Taking care of his family first, Michael changes professions and turns to property investing. This lifestyle change permits him to take care of his responsibilities first while doing well with investing. How does he do it?

Getting started with investing is scary enough...protecting our investments is job #1. The peace of mind that comes from strong protection gets only better when the probability of strong, consistent returns is high. Zach Morrow was on the protection team for the President and is now a Real Estate investment guru. Zach joins us and shares how his organization achieves a consistent return and has never had an investor lose money! Mr Morrow shares some secrets on real estate investing.

Part of my growing up years was in California. My dad had a mini-bike that we'd get on and ride. One of the tricks to mini-bikes is they have no shocks on them...so every bump on the ground you feel all the way to the top of your head. The first time I rode it with my Dad it was a blast but it was so bumpy I thought my teeth were going to pop out. A mini-bike also has a very short wheel base, so when you turn too fast, there is a high probability you are gonna to fall over to the side. And of course we did that. Figuring out your investing strategy is kind of like riding a mini-bike. It can be a bumpy ride and if you turn too fast you can spill your assets all over the ground. 1. amount of money 2. time for return 3. time and effort you can put into managing the investment 4. risk tolerance Let's test this out on a couple scenarios; we'll start with Person 1. Person 1 works a full time job, has saved up $10,000 and has two children. Person 1 can only put in 30-60 minutes throughout a week to check on the inve

Chimene shares her story on how she got started into real estate investing selling items that she had to pay for the training. In this process she meets a mentor and applies fundamental principles to investing in an area where most people overlook. If you are looking to create a return on investment but with little in your bank...listen UP!!

Todd Gaster joins us to discuss the power of mindset in our investing. He outlines some core components of a person's mindset. Some of these include identifying what we believe and how to change the beliefs in order to have a new mindset. After 20 years of helping people make mindset adjustments to change their wealth outcomes, Todd shares some nuggets to help us get on the journey.

Zach Morrow, Boron Capital started with 0 dollars and still found assets he could use to get started in his real estate investing journey. Zach has been a protector of POTUS, worked with Robet Kiyosaki, and did a bootstrap investment journey to become a powerful real estate investor. Zach talks about the power of mindset, finding a mentor, and not giving up....

Todd Gaster is an expert at helping you see what elements compose your mindset and the beliefs that are either propelling your or are holding you back. In this podcast Todd reveals how he discovered these techniques and how to apply them!!!