In The Trenches
ITT 152: Growing True Wealth with Damion Lupo
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:38:37
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Sinopsis
Damion Lupo is the founder of Total Control Financial, a company with a mission to empower people to transform their financial future by taking control of their retirement funds. Many people treat their saving and investing as a side thought, storing their money in traditional 401k and IRA accounts. According to Damion, this is not the best way to save nor to grow your wealth. Instead, he recommends entrepreneurs in the United States who are serious about growing their wealth consider using a QRP. QRP stands for qualified retirement plan. A QRP is eligible to receive certain tax benefits that you can't get with a 401k or IRA, and allows you to invest your savings into everything from gold and silver, real estate, and more. In today's conversation, not only do we talk about this subject, but wealth in general. One item that really stood out to me is how Damion is able to evaluate what someone values by looking at the 3 "C's": Cash: what you're spending your money on - addictions, habits, etc. Credit card: ho