GMR 164: Investing Outside of Wall Street

Show Notes


What you will hear in this podcast:


I’m not anti-Wall Street! I love the Stock Market. It is my
bright and shiny object, but it’s a game, and it’s a lot of
educated gambling.


You should not be putting your entire portfolio in the stock
market, in my opinion. You should put a part of it.


One of my favorite investments, and a favorite for my clients, is
a very strong real estate portfolio.


If you want to create real wealth, you want every dollar to
create simultaneous benefits.


Imagine that you own 10 homes, single-family residences, and you
owned them outright? Do you think that might create a
better-than-normal income for your family?


I’m all for renewable energy; I love it! Weak link - battery!


I have a very contrarian mindset. Look at what Warren Buffet is
doing? Whenever everyone is fearful that’s when you should be
greedy.


In my opinion, why would you have everything in the Stock Market
when you can have true diversification that’s not correlated?


My wealthiest clients always start by dipping their toes in the
water first. They can easily cut a big check, but when they get
into a new investment, they always do the bare minimum.


Resources


Ken Greene’s Website - www.greenefi.com
Ken’ Podcast - www.engineeroffinance.com
Budgeting tools and other free resources -
https://leosabo.com/resources
David’s website - www.stewardshippastors.com