Building wealth is a journey and everyone’s journey is different.
Ultimately, building wealth is about being able to break free of the “Rat Race” and build financial freedom to give you true freedom in life.
This is the show where Carl and Pete share their insights and lessons learned to help ‘rise the tide to lift all boats’ so that other entrepreneurs can grow their own businesses. In this particular episode, Carl and Pete share their investment journeys as they built their wealth and the lessons they’ve learned along the way.
Remember to go slow with this journey so that the assets that you’ve spent so long building can be put into good use.
NOTE: This is not financial advice but merely Carl and Pete’s insights and lessons from their own personal financial journeys.
IN THIS EPISODE, YOU’LL FIND OUT…
- Pros and cons of being an investor (4:52)
- Building a wealth lake (8:05)
- Managing money (9:55)
- Never kill the golden goose (10:00)
- Investing in index fund (13:40)
- Different asset classes (14:25)
- It’s important to know the numbers (14:00)
- Multiple income streams (18:20)
- Understanding income (22:10)
- Putting your investment where your skills are (24:20)
- Picking what your business is (25:27)
- Where do you want to be active in business? (26:24)
- What is the share market? (26:58)
- Why do people keep reinvesting in their business? (27:29)
- Don’t let all your money sit in one place (29:55)
RESOURCES
WHERE YOU CAN FIND US
CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter
PETER MORIARTY
iTGenius
LinkedIn
Facebook
Twitter
Like this episode? Have a topics that you would like us to discuss? We’d love to hear your feedback and comments. Let us know by leaving a comment below.