Chapter
The Value of Gold as a Store of Wealth
38:56 - 41:53 (02:57)
Gold is a valuable asset to store wealth as it is a physical commodity that takes effort to mine, unlike cash which is guaranteed to lose value over time. The S&P 500 may offer investment opportunities, but physical gold is a reliable safe-haven for preserving wealth.
Clips
The speaker suggests using ETFs to invest in index funds, S&P 500, innovation, startups, growth, and emerging markets to create a diversified investment portfolio.
38:56 - 39:55 (00:58)
Summary
The speaker suggests using ETFs to invest in index funds, S&P 500, innovation, startups, growth, and emerging markets to create a diversified investment portfolio. They recommend using an app for investing in physical gold every month.
ChapterThe Value of Gold as a Store of Wealth
Episode5 Signs You Will Become Rich [MASTERCLASS] EP 1356
PodcastThe School of Greatness
The speaker shares how he diversifies his savings by investing in physical gold and cryptocurrencies such as Bitcoin, as he believes they are stores of value and protection against financial downturns.
39:55 - 40:52 (00:57)
Summary
The speaker shares how he diversifies his savings by investing in physical gold and cryptocurrencies such as Bitcoin, as he believes they are stores of value and protection against financial downturns.
ChapterThe Value of Gold as a Store of Wealth
Episode5 Signs You Will Become Rich [MASTERCLASS] EP 1356
PodcastThe School of Greatness
The investment strategy consists of a passive and active approach, where the former consists of buying cryptocurrency daily, and the latter includes fundamental analysis for investing in deals that provide 7% cash on cash return and selecting companies with good fundamentals to invest in the stock market.
40:52 - 41:53 (01:01)
Summary
The investment strategy consists of a passive and active approach, where the former consists of buying cryptocurrency daily, and the latter includes fundamental analysis for investing in deals that provide 7% cash on cash return and selecting companies with good fundamentals to invest in the stock market.