Episode 280

MI168: How to Build Wealth (Mini-Episode)

Clay Finck breaks down his simple formula for building lasting wealth, the big three expenses you should look out for to increase your cash flow, the two appreciating assets that Clay prefers to invest in, the criteria Clay uses to help determine if he should make an investment or not, and much more!

The Intrinsic Value Podcast - The Investor’s Podcast Network

May 14, 202217m 47s

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Show Notes

IN THIS EPISODE, YOU’LL LEARN:

02:09 - The simple formula to building lasting wealth.
03:47 - The big three expenses to look out for to increase your cash flow.
06:52 - The appreciating assets that Clay tends to invest in.
06:52 - The criteria Clay uses to help determine if he should make an investment or not.
15:06 - What the 4% rule is, and how it applies to investors.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
JL Collin’s book The Simple Path to Wealth.
Ramit Sethi’s book I Will Teach You To Be Rich.
Related Episode: MI164: What is Money? w/ Jim Crider.
Related Episode: MI128: Why Buy Bitcoin w/ Andy Edstrom.
Related Episode: MI134: Why Deflation is Key to an Abundant Future w/ Jeff Booth.
Related Episode: MI136: The Bull Case for Uranium w/ Justin Huhn.
Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
Follow Clay on Twitter.
Get a FREE audiobook from Audible.
Check out our Investing Starter Packs about business and finance.

SPONSORS

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Connect with Clay: Twitter

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